TIDMPHE 
 
Powerhouse Energy Group plc 
 
                        ("Powerhouse" or the "Company") 
 
16 April 2021 
 
                               Board retirement 
 
Powerhouse Energy Group plc announces that Mr James Greenstreet will retire as 
a director on 7 July 2021. Mr Greenstreet has been a non-executive director of 
the Company since June 2011. 
 
Tim Yeo, Executive Chairman, said "We are very grateful to James who has 
completed a decade of great service to Powerhouse during which the Company has 
made enormous progress. We wish him every success in the future with his other 
activities". 
 
The Company intends to appoint another non-executive director in due course and 
will make a further announcement at the appropriate time. 
 
                                    -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 16, 2021 02:00 ET (06:00 GMT)

Powerhouse Energy (LSE:PHE)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Powerhouse Energy Charts.
Powerhouse Energy (LSE:PHE)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Powerhouse Energy Charts.