6 November 2013
PowerHouse Energy Group plc
(the "Company" or "PowerHouse")
Statement re share price movement
The Company notes the recent substantial increase in the price and trading
volume in the shares of the Company and wishes to state that it is not aware of
any reason for such movement.
As previously announced, the Company is continuing with the testing programme
and customer demonstrations and maintains its expectation of the first
commercial delivery in early 2014. As also previously announced, the Company is
also continuing the process to obtain full EU Compliance Certification for the
smaller 5 tonne per day unit which it expects to achieve later this month.
For additional information please contact:
PowerHouse Energy Group plc
Keith Allaun
+44 (0) 20 7079 4407
Sanlam Securities UK Limited (NOMAD and Broker)
David Worlidge/Simon Clements
+44 (0) 20 7628 2200
Note to Editors:
PowerHouse is the holding company of Pyromex AG, the owner of patented modular
Ultra High Temperature gasification technology. By operating at above 1,000
degrees Celsius, the Pyromex Ultra High Temperature Gasification Reactor
converts any organic matter into a stream of synthesis gas from which all
potential toxins, tars, or pollutants have been completely degraded and
rendered safe. The system effectively reduces the volume of waste by over 95
per cent. leaving only a non-toxic, non-leaching grit which can be used in the
construction industry.
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