PHE Powerhouse Energy Group Plc

 
TIDMPHE 
 
Powerhouse Energy Group plc 
 
                        ("Powerhouse" or the "Company") 
 
17  May 2022 
 
                              Directorate Change 
 
The Company announces that Russell Ward has informed it of his intention to 
resign from the board and from his position as Non-Executive Chairman. 
 
To support a transition, Russell has agreed to remain in position until Friday 
10th June 2022 while the board considers its succession options, and to 
continue to support the Chief Executive Officer. The announcement of a 
successor will be made in due course. 
 
Russell Ward said: "I am leaving for personal reasons and I wish the Company 
every success, as you now have a very experienced CEO in place along with a 
strong Board". 
 
Paul Drennan-Durose, Chief Executive Officer of the Company, said: 
 
"Russell has already had an influence on the business in the short time he and 
I have been with the Company, and I am grateful for the support and guidance 
given to me and to colleagues. Naturally, I am disappointed he has decided to 
leave, but he will do so with the profound thanks and best wishes from the 
board, and from key stakeholders we have quickly built relationships with." 
 
                                    -ENDS- 
 
For more information, contact: 
 
Powerhouse Energy Group plc              Tel: +44 (0) 203 368 6399 
 
Paul Drennan-Durose 
 
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 convert 
them efficiently and economically into syngas from which valuable products such 
as chemical precursors, hydrogen, electricity, and other industrial products 
may be derived. 
 
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. 
 
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

May 17, 2022 05:16 ET (09:16 GMT)

Grafico Azioni Powerhouse Energy (LSE:PHE)
Storico
Da Lug 2024 a Ago 2024

Grafico Azioni Powerhouse Energy (LSE:PHE)
Storico
Da Ago 2023 a Ago 2024