Powerhouse Energy Group PLC Director's Dealing (2373W)
December 11 2023 - 2:00AM
UK Regulatory
TIDMPHE
RNS Number : 2373W
Powerhouse Energy Group PLC
11 December 2023
Powerhouse Energy Group plc
("Powerhouse" or the "Company")
11 December 2023
Director's Dealing
Powerhouse Energy Group plc (AIM: PHE), a company pioneering
integrated technology that converts non-recyclable waste into low
carbon energy, announces that Paul Emmitt, Chief Executive Officer
of the Company, acquired 3,574,901 ordinary shares of 0.5p each in
the Company ("Ordinary Shares") on 8 December 2023.
Further to this transaction, Mr Emmitt is beneficially
interested in 3,574,901 Ordinary Shares, which represents 0.09% of
the Company's issued ordinary share capital.
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 Paul Emmitt
------------------------------------------------------------ ---------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------------
a) Position/status Director
------------------------------------------------------------ ---------------------------------------
b) Initial notification/ Amendment Initial notification
------------------------------------------------------------ ---------------------------------------
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 instrument, type of instrument Ordinary Shares of 0.5p each
Identification code
GB00B4WQVY43
------------------------------------------------------------ ---------------------------------------
b) Nature of the transaction Share purchase
------------------------------------------------------------ ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
0.2797p 3,574,901
----------
------------------------------------------------------------ ---------------------------------------
d) Aggregated information
* Aggregated volume 3,574,901 ordinary shares
GBP9,999
* Price
------------------------------------------------------------ ---------------------------------------
e) Date of the transaction 8 December 2023
------------------------------------------------------------ ---------------------------------------
f) Place of the transaction London Stock Exchange
------------------------------------------------------------ ---------------------------------------
-ENDS-
For more information, contact:
Powerhouse Energy Group plc
Paul Emmitt +44 (0) 203 368 6399
WH Ireland Limited (Nominated Adviser)
James Joyce
James Bavister +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
Saskia Sizen
The information contained within this announcement is deemed to
constitute inside information as stipulated under the retained EU
law version of the Market Abuse Regulation (EU) No. 596/2014 (the
"UK MAR") which is part of UK law by virtue of the European Union
(Withdrawal) Act 2018. The information is disclosed in accordance
with the Company's obligations under Article 17 of the UK MAR. Upon
the publication of this announcement, this inside information is
now considered to be in the public domain.
About Powerhouse Energy Group plc
Powerhouse Energy has developed a process technology 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, heat and other industrial products may be derived.
Powerhouse Energy'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 Energy is quoted on the London Stock Exchange's AIM
Market under the ticker: PHE and is incorporated in England and
Wales.
For more information see www.powerhouseenergy.co.uk
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END
DSHUPGGAPUPWGQR
(END) Dow Jones Newswires
December 11, 2023 02:00 ET (07:00 GMT)
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