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Share Price: 1.775

Bid: 1.70

Ask: 1.85

Change: 0.16 (9.76%)

Spread: 0.15 (8.824%)

Open: 1.70

High: 1.85

Low: 1.675

Prev. Close: 1.64

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IN BRIEF: Powerhouse Energy secures outstanding Engsolve stake

Thu, 22nd Jun 2023 11:36

Powerhouse Energy Group PLC - Bingley, England-based hydrogen-from-waste-plastic producer - Acquires outstanding 52% stake of Engsolve Ltd for GBP572,000. Says the remaining shareholding was owned by two Powerhouse directors, Paul Emmitt and Richard Riddell. Back in 2021, Powerhouse had bought a 48% stake of Engsolve for a cash consideration of GBP99,990. Engsolve is a Bridgend, Wales-based engineering consultancy.

Current stock price: 0.44 pence, flat on Thursday

12-month change: down 73%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

More News

31 Dec 2018 12:35

PowerHouse clarifies IP position after Sunday Express error

(Sharecast News) - Technology company PowerHouse Energy Group was forced to respond to a report from weekend tabloid the Sunday Express on Monday, which had reported a day prior that PowerHouse's development partner Waste2Tricity had patented a method of turning plastic into hydrogen.

3 Dec 2018 09:25

PowerHouse Energy Raises GBP700,000 Via Placing And Warrant Exercise (ALLISS)

LONDON (Alliance News) - Powerhouse Energy Group PLC said Monday it has raised GBP650,000 through the placing of 130.0 million shares at 0.5 pence per share.Shares in Powerhouse Energy were

26 Nov 2018 14:36

Toyota Tsusho shows interest in PowerHouse Energy technology

(Sharecast News) - Waste-to-hydrogen technology company PowerHouse Energy Group has received a formal invitation from Toyota Tsusho Corporation of Japan to engage in advanced commercial discussions regarding its 'DMG' technology, it announced on Monday.

26 Nov 2018 09:32

PowerHouse Energy Shares Jump 14% On Talks With Toyota Tsusho

LONDON (Alliance News) - PowerHouse Energy Group PLC on Monday said it secured an invitation from Toyota Tsusho Corp of Japan to engage in advanced commercial discussions regarding its DMG Tsusho

18 Oct 2018 11:49

PowerHouse Energy In Talks Over DMG Technology Commercialisation

LONDON (Alliance News) - PowerHouse Energy Group PLC on Thursday said it intends to seek additional commercialisation opportunities for its DMG System technology.The hydrogen production Ltd

18 Oct 2018 11:04

Powerhouse Energy seeks out additional commercial opportunities

(Sharecast News) - AIM-listed waste-to-plastic business Powerhouse Energy told investors on Thursday that it had been hard at work seeking out additional opportunities for its technology.

28 Sep 2018 13:10

PowerHouse Energy Loss Widens On Increased Administrative Expenses

LONDON (Alliance News) - Powerhouse Energy Group PLC on Friday reported a widened interim loss on increased costs.In the six months ended June, the waste-to-energy systems provider widened

27 Jul 2018 11:45

PowerHouse Energy Shares Drop As Facility Development Delayed To 2019

LONDON (Alliance News) - Shares in PowerHouse Energy Group dropped on Friday as the company pushed back its expectations for when its first commercial facility will be operational due to financing

20 Jul 2018 15:51

UK Shareholder Meetings Calendar - Next 7 Days

Monday 23 JulyEthernity NetworksActive Energy GroupBSD CrownTuesday 24 Air 25

6 Jul 2018 09:49

PowerHouse Fundraises To Progress Work On Flagship DMG System (ALLISS)

LONDON (Alliance News) - PowerHouse Energy Group PLC on Friday said it has raised GBP694,030 through a share placing and subscription to progress its commercial activities.The UK technology

2 Jul 2018 16:47

PowerHouse Energy In Discussions With Toyota, No Agreement Made Yet

LONDON (Alliance News) - PowerHouse Energy PLC on Monday noted "an article in the weekend press" that said the company is working with Japanese car maker Toyota Motor Corp.The is

29 Jun 2018 12:34

PowerHouse Energy Loss Widens As It Works Towards Commercialisation

LONDON (Alliance News) - PowerHouse Energy Group PLC said Friday its annual loss widened in a "transformative year" as it starts shifting towards the commercialisation of its clean were

18 May 2018 11:37

PowerHouse Energy Issues 18 Million Shares To Settle Fees (ALLISS)

LONDON (Alliance News) - PowerHouse Energy Group PLC said Friday it issued 17.9 million new shares to service providers to settle fees.The company issued 7.9 million shares at 0.76 pence 10

18 Apr 2018 13:50

PowerHouse Energy Raises GBP900,000 To Commercialise Technology (ALLISS)

LONDON (Alliance News) - PowerHouse Energy Group PLC said Wednesday it has raised GBP900,000 via an oversubscribed share placing and subscription agreement to support the commercial development of

15 Feb 2017 10:44

Powerhouse's shares slide as it repays loan in cash and shares

(ShareCast News) - Shares in Powerhouse Energy have plunged 25% as it repaid a £3.4m loan note balance to Hillgrove via a mix of funds raised in a capital hike and the conversion of debt to new shares. It had completed a £2.5m placing of 312.5m new shares at 0.8p each. Hillgrove has accepted a £2m

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IN BRIEF: Powerhouse Energy secures outstanding Engsolve stake

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