21 February 2017
PowerHouse Energy
Group plc
(“PowerHouse”, or the “Company”)
APPOINTMENT OF
NON-EXECUTIVE DIRECTOR
PowerHouse is pleased to announce the appointment of
David Ryan as a non-executive
director of the Company with immediate effect.
David was the former CEO and Managing Director of Thyssenkrupp
Industrial Solutions’ Oil & Gas Business Unit for the UK.
Prior to his employment with Thyssenkrupp, he founded and built
a successful engineering consulting organisation, Energy &
Power Limited, which was acquired by Thyssenkrupp in 2012.
He has over 30 years of increasingly complex engineering,
business development, and project management experience. An expert
in sophisticated design engineering, David will bring a breadth of
project delivery, international business management, and general
engineering acumen to the Board.
Keith Allaun, Executive
Chairman of the Company said, “The appointment of David to the
Board is a tremendous coup for PowerHouse, and yet another example
of the value of the Waste2Tricity (W2T) relationship. David is on
the Board of W2T, and has been instrumental in numerous of their
project development efforts. He is a gifted engineer, a driven
entrepreneur, and brings a level of technical depth which will
augment the board very well. We are delighted to welcome him to the
Board.”
The following information is disclosed in accordance with
Schedule 2 paragraph (G) of the AIM Rules for Companies:
David John Ryan, aged 55, has
been a director or partner of the following companies during the
five years preceding the date of this announcement:
Current |
Within the past 5 years |
Nayr Consultants
Limited |
Thyssenkrupp Industrial Solutions Oil & Gas Limited |
Waste2Tricity Limited |
Thyssenkrupp UHDE
Energy & Power Consultants Limited |
LNG Process Technologies
Limited |
Thyssenkrupp UHDE
Energy & Power Limited |
Energy & Power Limited |
E & P Consulting Limited |
There are no further disclosures required in relation to Rule 17
or paragraph (G) of Schedule 2 of the AIM Rules for Companies.
For more information, contact:
PowerHouse Energy Group
plc
Keith Allaun, Executive Chairman |
Tel: +44 (0) 203 368 6399 |
WH Ireland Limited (Nominated
Adviser)
James Joyce / James Bavister |
Tel: +44 (0) 207 220 1666 |
Turner Pope Investments Ltd
(Joint Broker)
Ben Turner / James Pope |
Tel: +44 (0) 203 621 4120 |
Smaller Company Capital Limited
(Joint Broker)
Jeremy Woodgate |
Tel: +44 (0) 203 651 2910 |
IFC Advisory (Financial PR &
IR)
Tim Metcalfe / Graham Herring / Heather Armstrong / Miles
Nolan |
Tel: +44 (0) 203 053 8671 |
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About PowerHouse Energy
PowerHouse is the holding company of the G3-UHt System Ultra
High Temperature Gasification waste to energy systems.
The Company is focussed on technologies to enable energy
recovery from municipal waste streams that would otherwise be
directed to landfills and incinerators; or from renewable and
alternative fuels such as biomass, tyres, and plastics to create
syngas for power generation, high-quality hydrogen, or potentially
reformed into liquid fuels for transportation. These waste to
energy systems aim to provide the “best solution” to the
on-site energy market.
PowerHouse is quoted on the London Stock Exchange's AIM Market.
The Company is incorporated in the United
Kingdom.
For more information see www.powerhouseenenergy.net