Powerhouse Energy Group PLC Appointment of Interim Non-executive Chairman (2092Q)
27 Giugno 2022 - 8:00AM
UK Regulatory
TIDMPHE
RNS Number : 2092Q
Powerhouse Energy Group PLC
27 June 2022
27 June 2022
Powerhouse Energy Group plc
("Powerhouse" or the "Company")
Appointment of Interim Non-executive Chairman
Further to the announcement made on 9 June 2022, Powerhouse
Energy Group plc (AIM: PHE), the UK technology company
commercialising hydrogen production from plastic, confirms the
appointment of Keith Riley as Interim Chairman.
Keith Riley is currently a Non-executive Director on the Board
and will assume responsibilities as Interim Non-executive Chairman
with immediate effect. He 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 1993 and 2012 he worked for Veolia
Environmental Services plc in a number of senior roles, including
Group Managing Director for Technology.
A recruitment process is currently underway to appoint a
permanent chairman. The Company will update shareholders on this
process as appropriate.
Keith Riley, Interim Chairman, commented:
"Powerhouse has done some exceptional work in developing the
production of hydrogen from material that is currently just thrown
away, and I look forward to seeing this effort being implemented
soon. The Company has a strong board of directors and I look
forward to continuing working with them to achieve the success the
Company and its shareholders deserve."
Paul Drennan-Durose, Chief Executive Officer, commented:
"I and the Board would like to thank Keith for agreeing to take
this position. We already work well together, and his experience
will be of value to me and the Company in what we believe will be
an important next chapter in the Company's development."
-ENDS-
For more information, contact:
Powerhouse Energy Group plc via Tavistock
Paul Drennan-Durose
WH Ireland Limited (Nominated Adviser)
James Joyce
Megan Liddell +44 (0) 207 220 1666
Turner Pope Investments (TPI) Ltd
(Joint Broker)
Andrew Thacker
James Pope +44 (0) 203 657 0050
Tavistock (Financial PR) powerhouse@tavistock.co.uk
Simon Hudson
Nick Elwes
Heather Armstrong
Charlie Baister
Notes to Editors:
About Powerhouse Energy Group plc
Powerhouse Energy has developed a proprietary process technology
- DMG(R) - 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 technology is one of the world's first
proven, distributed, modular, hydrogen from waste process.
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
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END
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