Directorate Change

RNS Number : 7081G

Powerhouse Energy Group PLC

19 March 2020

 

PowerHouse Energy Group plc

("PowerHouse" or the "Company")

19th March 2020

Directorate Change

PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen production from waste plastic, is pleased to announce the appointment of Myles Kitcher as a non-executive director of the Company with immediate effect.

Myles Kitcher (aged 52) is currently Executive Director, Natural Resources & Energy of Peel L&P and he brings with him a wealth of experience in industrial property development and management, in particular in the field of energy from waste. Myles is the leading force behind Protos - Peel's flagship destination for energy, innovation and industry near Ellesmere Port, north west England.

On joining the Board of PowerHouse Myles Kitcher said:

"I have got to know PowerHouse well over the last year while working in partnership to bring forward their pioneering technology at Protos. I have a high regard for both the team and the technology and am delighted to be joining the Board.

"Their revolutionary process for using waste plastic to produce hydrogen for clean energy could not only help kickstart a hydrogen revolution but will also help us tackle the issue of end of life plastic. There is huge potential to roll out this technology across the UK and I look forward to working with the Board to help drive the Company's considerable commercial potential."  

Cameron Davies, Chairman of PowerHouse, said:

"We welome Myles to our Board and look forward to the undoubted benefit we will derive from the depth of experience he brings in the energy from waste arena and specifically in its commercial development from both a strategic and operational perspective."

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: Myles Howard Kitcher

Myles Kitcher is, or has during the last five years been, a director or partner of the following companies and partnerships:

Current Directorships

Protos Plastics to Hydrogen No. 1 Limited

Protos 33 Limited

Protos 11 Limited

Southmoor Energy Centre Limited

Peel L&P Group Management Limited

NW Hydrogen Alliance Limited

Peel L&P Environemntal Limited

Peel L&P Environmental Holdings Limited

Peel L&P Environmental Protos Limited

Past Directorships

Ashfordby Waste Limited

Waverly AMP Waste Limited

Gedling Colliery Waste Limited

Cutacre Waste Limited

Meridan Wate Limited

Tetron Point Waste Limited

North Shelby Mine Waste Limited

Kellingley Colliery Waste Limited

Houghton Main Waste Limited

Bilsthorpe Waste Limited

Wardley Waste Limited

Myles Kitcher does not hold any shares in the Company.

ENDS

For more information, contact:

PowerHouse Energy Group plc	Tel: [phone]
Cameron Davies, Chairman
WH Ireland Limited (Nominated Adviser)	Tel: [phone]
James Joyce / Lydia Zychowska
Turner Pope Investments Ltd (Joint Broker)	Tel: [phone]
Andrew Thacker / Zoe Alexander
Ikon Associates (Media enquiries)	Tel: [phone]
Adrian Shaw	Mob: [phone]

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. The PowerHouse technology is one of the world's first proven, modular, hydrogen from waste (HfW) process.

The PowerHouse DMG® process can generate up to 2 tonnes of road-fuel quality H2, and more than 58MWh of exportable electricity per day.

The PowerHouse 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.net

About Peel L&P Environmental and Protos

Peel Environmental, part of Peel L&P, owns and develops waste infrastructure projects. It has achieved consent for a range of energy infrastructure schemes including a 49MW Energy from Waste plant at Protos in Cheshire, 21MW Energy from Waste plant and 250,000tpa AD and MRF in Glasgow; and a 20MW Energy Centre at Houghton Main, Barnsley. Peel works with investors, waste management companies, technology providers and contractors to secure a deliverable business model for each project.  www.peelenvironmental.co.uk

Peel Environmental brought forward and consented the Protos development, previously known as Ince Resource Recovery Park. The 54ha (134 acres) development site has full outline planning consent and part detailed planning consent for general manufacturing and distribution uses (B1, B2 & B8), as well as a biomass facility and an Energy from Waste facility.

www.protos.co.uk  @ThisIsProtos

Protos sits within the Energy Innovation District (EID) which brings together energy users, network owners, innovators and partners working alongside Cheshire & Warrington LEP, Cheshire West and Chester Council and the University of Chester. With the objective of driving down the cost of clean energy the EID is an opportunity to deliver a new decarbonised energy system for the North West of England, meeting the Government's Clean Growth agenda while boosting economic growth and investment.

www.energyinnovationdistrict.com

 

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