Powerhouse Enrgy Grp Directorate Change
10 Agosto 2020 - 8:00AM
UK Regulatory
TIDMPHE
Powerhouse Energy Group plc
("Powerhouse" or the "Company")
Change of Directorate
10 August 2020
Powerhouse Energy Group plc (AIM: PHE), the UK technology company
commercialising hydrogen production from waste plastic, announces that Brent
Fitzpatrick has stepped down from the Board of Powerhouse Energy Group plc with
immediate effect.
Cameron Davies, Chairman of Powerhouse, said the following:
"I would like to thank Brent personally and sincerely on behalf of the Board of
Powerhouse Energy Group plc for his friendship and his sage advice to me and to
the board. His valuable contribution to our progress over almost a decade has
helped to guide the Company through sometimes challenging and difficult times
to the threshold of a new era as we prepare to deploy our DMG technology aimed
at tackling the global problem of unrecyclable plastic waste. Our technology
additionally can produce synthetic gas for power generation and for upgrade to
provide a local source of high-quality hydrogen for heavy goods vehicles and
rail transport.
"I take this opportunity to wish him well and every success for the future in
his other ventures."
At the current time the Board of Powerhouse does not propose to replace Brent
following the recent appointment of two non-executive directors.
For more information, contact:
Powerhouse Energy Group plc Tel: +44 (0) 203 368
6399
David Ryan, Chief Executive Officer
WH Ireland Limited (Nominated Tel: +44 (0) 207 220
Adviser) 1666
James Joyce / Lydia Zychowska
Turner Pope Investments Ltd (Joint Tel: +44 (0) 203 657
Broker) 0050
Andrew Thacker / Zoe Alexander
Ikon Associates (Media enquiries) Tel: +44 (0) 1483
271291
Adrian Shaw Mob: +44 (0) 7979
900733
About Powerhouse Energy Group plc
Powerhouse has developed a proprietary process technology - DMG® - which can
utilise waste, unrecycleable plastic, end-of-life-tyres, and other waste
streams to efficiently and economically convert them into syngas from which
valuable products such as hydrogen, chemical precursors, electricity and other
industrial products may be derived. The Powerhouse technology is one of the
world's first proven, modular, hydrogen from waste (HfW) process.
The Powerhouse DMG® process can generate up to 2 tonnes of road-fuel quality
H2, and more than 58MWh of exportable electricity per day.
The Powerhouse 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 under the
ticker: PHE, and is incorporated in the United Kingdom.
For more information see www.powerhouseenergy.net
END
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