Powerhouse Enrgy Grp Share Options Grants to Directors
March 07 2018 - 1:00AM
UK Regulatory
TIDMPHE
7 March 2018
PowerHouse Energy Group plc
("PowerHouse" or the "Company")
Share Options Grants to Directors
PowerHouse announces on 6 March 2018 the Company granted share options, as
recommended by the Remuneration Committee of the Company, under the Company's
Share Option Schemes to the following Directors:
Brent Fitzpatrick 12,000,000 share options
James Greenstreet 12,000,000 share options
Cameron Davies 15,000,000 share options
David Ryan 21,000,000 share options
Keith Allaun 30,000,000 share options
The options were granted at the closing bid price of the shares on 5 March 2018
of 0.6p and will vest in accordance with the rules of the Share Option Schemes
adopted by the PowerHouse Board of Directors over the next 24-30 months.
For more information, contact:
PowerHouse Energy Group plc Tel: +44 (0) 203 368 6399
Keith Allaun, Chief Executive Officer
WH Ireland Limited (Nominated Adviser) Tel: +44 (0) 207 220 1666
James Joyce / Chris Viggor
Turner Pope Investments Ltd (Broker) Tel: +44 (0) 203 621 4120
Andy Thacker
Buchanan (Media enquiries) Tel: +44 (0) 20 7466 5000
Mark Court / Chris Lane
About PowerHouse Energy
PowerHouse Energy Group plc is the developer of the G3-UHt Ultra High
Temperature Gasification unit, and the creator of DMG®, the Distributed Modular
Gasification System that allows the distributed eradication of waste, the
generation of distributed electricity, and the production of distributed
hydrogen with the world's first hydrogen from waste (HfW) process.
The Company is focused on technologies to enable projects for energy recovery
from municipal and industrial waste streams that would otherwise be directed to
landfills and incinerators; or from renewable and alternative fuels such as
biomass, tyres, and plastics to create synthesis gas (syngas) for power
generation, or high-quality hydrogen as a fuel for transport. DMG® allows for
easy, economical, deployment and scaling of an environmentally sound solution
to the growing challenges of waste eradication, landfill diversion, electrical
demand, and distributed hydrogen production.
PowerHouse is quoted on the London Stock Exchange's AIM Market and is
incorporated in the United Kingdom.
For more information see www.powerhouseenergy.net
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