Powerhouse Enrgy Grp Directors' Dealings
27 Aprile 2021 - 8:00AM
UK Regulatory
TIDMPHE
Powerhouse Energy Group plc
("Powerhouse" or the "Company")
27 April 2021
Directors' Dealings
Powerhouse Energy Group plc (AIM: PHE), the UK technology company
commercialising hydrogen production from waste plastic, announces that Mark
Berry and Allan Vlah, non-executive directors of the Company, have been granted
options over ordinary shares of 0.5p each in the Company ("Ordinary Shares")
under the Company's Non-Employee Share Option Plan ("Options") on 23 April
2021 in lieu of part or all the fees to which they are entitled. The Options
have an exercise price of 6.3p and lapse 3 years from the date of grant.
In the event that all these options are exercised the issued share capital of
the Company will be increased by less than 0.05 percent.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Mark Berry
2 Reason for the notification
a) Position/status Non-Executive Director
b) Initial notification/ Initial notification
Amendment
3 Details of the issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
a) Name Powerhouse Energy Group plc
b) LEI 213800MY7XIYS2BSC163
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each place
where transactions have been conducted
a) Description of the financial Options over Ordinary Shares of 0.5p each
instrument, type of instrument
Identification code
GB00B4WQVY43
b) Nature of the transaction Grant of options
c) Price(s) and volume(s) Price(s) Volume(s)
6.3p 998,098
d) Aggregated information
- Aggregated volume 998,098 options over ordinary shares
- Price £62,880
e) Date of the transaction 23 April 2021
f) Place of the transaction London Stock Exchange
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Allan Vlah
2 Reason for the notification
a) Position/status Non-Executive Director
b) Initial notification/ Initial notification
Amendment
3 Details of the issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
a) Name Powerhouse Energy Group plc
b) LEI 213800MY7XIYS2BSC163
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each place
where transactions have been conducted
a) Description of the financial Options over Ordinary Shares of 0.5p each
instrument, type of instrument
Identification code
GB00B4WQVY43
b) Nature of the transaction Grant of options
c) Price(s) and volume(s) Price(s) Volume(s)
6.3p 775,141
d) Aggregated information
- Aggregated volume 775,141 options over ordinary shares
- Price £48,834
e) Date of the transaction 23 April 2021
f) Place of the transaction London Stock Exchange
-ENDS-
For more information, contact:
Powerhouse Energy Group plc Tel: +44 (0) 203 368
6399
Tim Yeo, Executive Chairman
WH Ireland Limited (Nominated Adviser) Tel: +44 (0) 207 220
1666
James Joyce/ Lydia Zychowska
Turner Pope Investments Ltd (Joint Tel: +44 (0) 203 657
Broker) 0050
Andrew Thacker
SisterSmith PR (media enquiries)
Becca Smith Mob: +44 (0) 7766522305
Notes for editors:
About Powerhouse Energy Group plc
Powerhouse, the sustainable hydrogen company, has developed a proprietary
process technology - DMG® - which can utilise waste plastic, end-of-life-tyres,
and other waste streams to efficiently and economically convert them into
syngas from which valuable products such as chemical precursors, hydrogen,
electricity and other industrial products may be derived. Powerhouse's
technology is one of the world's first proven, distributed, modular, hydrogen
from waste (HfW) process.
The Powerhouse DMG® process can generate up to 2 tonnes of road-fuel quality
hydrogen and more than 58MWh of exportable electricity per day.
Powerhouse's process produces low levels of safe residues and requires a small
operating footprint, making it suitable for deployment at enterprise and
community level. As announced on 11th February 2020 under its Supplemental
Agreement with Peel Environmental, Powerhouse will receive an annual license
fee of GBP500,000 in respect of each project which is commissioned.
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
(END) Dow Jones Newswires
April 27, 2021 02:00 ET (06:00 GMT)
Grafico Azioni Powerhouse Energy (LSE:PHE)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Powerhouse Energy (LSE:PHE)
Storico
Da Lug 2023 a Lug 2024
