PHE Powerhouse Energy Group Plc

 
TIDMPHE 
 
PowerHouse Energy Group plc 
 
                        ("PowerHouse" or the "Company") 
 
                                Shares in issue 
 
PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering 
hydrogen production from waste plastic and used tyres, announces that it has 
issued 20,000,000 ordinary shares of 0.5p each ("Ordinary Shares") ("the 
Subscription Shares") to a private investor as described in the announcement of 
7 July 2018 and which was contingent on the passing of a resolution to increase 
the Company's authorised share capital at its Annual General Meeting on 27 July 
2018. The resolution was duly passed and the Subscription Shares were admitted 
to trading on AIM on 3 August 2018. 
 
Subsequent to this issue of Subscription Shares, the Company has 1,669,260,030 
Ordinary Shares in issue. 
 
PowerHouse has no shares in Treasury, therefore this figure may be used by 
Shareholders, from Admission, as the denominator for the calculations by which 
they will determine if they are required to notify their interest in, or a 
change in their interest in, the share capital of the Company under the FCA's 
Disclosure and Transparency Rules. 
 
For more information, contact: 
 
PowerHouse Energy Group plc                         Tel: +44 (0) 203 368 6399 
 
Keith Allaun, Chief Executive Officer 
 
WH Ireland Limited (Nominated Adviser)         Tel: +44 (0) 207 220 1666 
 
James Joyce / Chris Viggor 
 
Turner Pope Investments Ltd (Joint Broker)   Tel: +44 (0) 203 621 4120 
 
Ben Turner / James Pope 
 
Ikon Associates(Media enquiries)                Tel:    +44 (0) 1483 271291 
 
Adrian Shaw                                                          Mob: +44 
(0) 7979 900733 
 
About PowerHouse Energy 
 
PowerHouse Energy has developed a proprietary process technology called DMG® 
which can use waste plastic end-of-life-tyres and other waste streams to 
convert them into cost efficient energy in the form of electricity and ultra 
clean hydrogen gas fuel for use in cars and commercial vehicles (FCEV: Fuel 
Cell Electric Vehicles) and other industrial uses. The PowerHouse technology is 
the world's first proven, modular hydrogen from waste (HfW) process. 
 
The PowerHouse DMG® process can generate in excess of 1 tonne of road-fuel 
quality H2, and in excess of 28MW/h of exportable electricity. 
 
The PHE process produces low levels of safe residues and requires a small 
operating footprint, making it suitable for deployment at enterprise and 
community level. 
 
PowerHouse is quoted on the London Stock Exchange's AIM Market. The Company is 
incorporated in the United Kingdom. 
 
For more information see www.powerhouseenergy.net 
 
 
 
END 
 

(END) Dow Jones Newswires

August 03, 2018 06:40 ET (10:40 GMT)

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