PHE Powerhouse Energy Group Plc

 
TIDMPHE 
 
Powerhouse Energy Group plc 
 
                        ("Powerhouse" or the "Company") 
 
27 September 2021 
 
                             Change of Directorate 
 
Powerhouse Energy Group plc (AIM: PHE), the UK technology company 
commercialising hydrogen production from plastic, announces that Allan Vlah has 
informed the board that he wishes to step down as Non-Executive Director of the 
Company on 31 December 2021 to concentrate on his other business interests. 
 
The Company also announces that it has appointed Keith Riley, aged 72, as a 
Non-Executive Director with immediate effect. Keith Riley is currently 
proprietor and Chief Executive Officer of Vismundi Limited, a consultancy 
company providing services to the resources and waste management industry. 
Prior to that, between 2005 and 2012 he worked for Veolia Environmental 
Services plc as Group Managing Director for Technology and as Managing Director 
for Group Technical Services. 
 
Over the course of his career Keith has worked with a number of specialist 
waste and resource management companies and most recently has been 
Non-Executive Director of Waste2tricity Limited. He continues to be a Partner 
of BH Energy Gap LLP on behalf of Vismundi, which develops projects in the 
renewables sector and raises the finance to implement them. 
 
On joining the Board of Powerhouse Keith Riley said: "The DMG technology being 
developed by Powerhouse addresses two important issues - the need for energy 
free of climate change impacts, and the excess of plastic waste. I am pleased 
to be able to join the Board to help further the business of Powerhouse in 
addressing these  two issues." 
 
James Greenstreet said "On behalf of the board I would like to thank Allan for 
his invaluable contribution over the last year and wish him well in his future 
ventures.  I am delighted to welcome Keith who brings a wealth of relevant 
experience to the Board and very much look forward to working with him as we 
move Powerhouse forward." 
 
Further regulatory disclosures: 
 
Other than as disclosed below, there are no further disclosures to be made in 
accordance with AIM Rule 17 and paragraph (g) of Schedule Two of the AIM Rules 
for Companies: 
 
Name: Keith Riley 
 
Keith Riley is, or has during the last five years been, a director or partner 
of the following companies and partnerships: 
 
Current Directorships 
 
Vismundi Ltd 
 
Vismundi Universal Ltd 
 
BH Energygap (BINN) Ltd 
 
BH Energygap (Bradford) Ltd 
 
BH Energygap (Walsall) Ltd 
 
BH Energygap (Doncaster) Ltd 
 
The Aerobic Bin Co Ltd 
 
DRENL Ltd 
 
Past Directorships 
 
Waste2Tricity Ltd 
 
Resource Parks Ltd 
 
Keith Riley holds 12,128,986 ordinary shares in the Company. 
 
                                    -ENDS- 
 
For more information, contact: 
 
Powerhouse Energy Group plc              Tel: +44 (0) 203 368 6399 
 
James Greenstreet, Non-Executive 
Chairman 
 
WH Ireland Limited (Nominated Adviser)   Tel: +44 (0) 207 220 1666 
 
James Joyce / Megan Liddell 
 
Turner Pope Investments (TPI) Ltd (Joint Tel: +44 (0) 203 657 0050 
Broker) 
 
Andrew Thacker / James Pope 
 
SisterSmith PR (media enquiries) 
Becca Smith                              Mob: +44 (0) 7766522305 
 
Notes to Editors: 
 
About Powerhouse Energy Group plc 
 
Powerhouse 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 £500,000 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.co.uk 
 
 
 
END 
 
 

(END) Dow Jones Newswires

September 27, 2021 02:00 ET (06:00 GMT)

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