Directorate Change

RNS Number : 1736Q

Powerhouse Energy Group PLC

16 February 2023

 

16 February 2023

PowerHouse Energy Group plc

("PowerHouse" or the "Company")

Directorate Change

Powerhouse Energy Group plc (AIM: PHE), the UK company pioneering integrated technology that converts non-recyclable waste into low carbon energy, is pleased to announce the appointment of Professor Karol Michal Kacprzak, aged 50, as a non-executive director of the Company with immediate effect.

Prof. Kacprzak is currently an Associate Professor at the Faculty of Chemistry at Adam Mickiewiez Univerisity in Poznan, Poland and has over 20 years' of academic experience. At Adam Mickiewiez Univerisity he was awarded a PhD with distinction in Organic Chemistry and an Msc in Environmental Chemistry.

Prof. Kacprzak is an expert in organic and medicinal chemistry, actively collaborating with the chemical industry and is also a member of the Polish Chemical Society. Between 2016 and 2020 Prof. Kacprzak acted as a CEO of Stomil-Poznan S.A., a State-owned tyre and rubber manufacturer in Poland.

During the last five years Prof. Kacprzak has been a director or partner of the following companies and partnerships:

Past Directorships.

STOMIL-POZNAŃ S.A.

OŚRODEK BADAWCZO-ROZWOJOWY PRZEMYSŁU OPONIARSKIEGO STOMIL SP. Z O.O. (research and development centre for the tyre industry)

No further disclosure is required under Paragraph (g) to Schedule 2 of the AIM Rules for Companies.

Tony Gardner-Hillman, Chairman of PHE commented:

"I am delighted that Karol has been able to join the board. His expertise will complement the range of skills of the existing directors on what is effectively a new board for the Company. As well as the contribution he can make through his technical knowledge and experience, he will also undoubtedly be able to assist us in Poland, which is an exciting developing market for Powerhouse."

Keith Riley, Acting Chief Executive Officer of PHE commented:

"I welcome Professor Kacprzak's appointment to the board of Powerhouse. He is already an active advocate of the Company and I am sure he will make a significant contribution in assisting the executive team in its development and application of Powerhouse's Technology. Science and technology with research and development is at the heart of what Powerhouse does. He comes with a considerable applicable scientific knowledge and an academic standing from which we will all benefit."

For more information, contact:

Powerhouse Energy Group plc	[e-mail]
Keith Riley
WH Ireland Limited (Nominated Adviser)	Tel: [phone]
James Joyce / James Bavister/ Enzo Aliaj
Turner Pope Investments Ltd (Joint Broker)	Tel: [phone]
Andrew Thacker /   James Pope
Tavistock (Financial PR)	[e-mail]
Simon Hudson/   Nick Elwes/   Heather Armstrong

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 the United Kingdom.

For more information see www.powerhouseenergy.co.uk

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