Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPowerhouse Ener Regulatory News (PHE)

Share Price Information for Powerhouse Ener (PHE)

Share Price is delayed by 15 minutes
Get Live Data
0.225    0.00 (0.00%)
Bid:
0.22
Ask:
0.23
Spread: 0.01 (4.545%)
Market Cap: £11.52m
PHE Live PriceLast checked at - London Stock Exchange

Intraday Powerhouse Ener Share Chart

AGM Update

10 Jul 2025 07:00

RNS Number : 4221Q
Powerhouse Energy Group PLC
10 July 2025
 

 

10 July 2025

 

Powerhouse Energy Group Plc

 ("PHE" or the "Company")

 AGM Update

Powerhouse Energy Group Plc (AIM: PHE), a company pioneering integrated technology that converts non-recyclable waste into low carbon energy with a revenue generating engineering consulting division ("Engsolve"), is pleased to provide the following update ahead of its AGM which is being held today.

 

H1 2025 Highlights / Developments:

 

· Technical centre and Feedstock Testing Unit ("FTU") fully operational

· Front-End Engineering Design (FEED) completed by Engsolve for National Hydrogen, Australia

· Proposed collaboration with Avioxx on the potential of the 2.5TPD unit (the same size as the FTU) to generate a syngas suitable for SAF production

· Letter of Intent signed for Hydrogen offtake for Ballymena with B.S. Holdings Limited

· Over 25 contacts post Capital Markets Day, held in March, screened down to 16 feasible opportunities

· Fundraise of £1.375 million, further strengthening the Company's balance sheet

· Engsolve secured contracts of more than £1 million in first four months of 2025

· Further patents granted in the US and Europe for the Company's technology

· Land option agreement for potential Longford project expired, meaning no further resource or finance required to be committed to potential project

 

Initiatives for H2 2025:

· Further progress on pipeline of opportunities including Ballymena expected

· Decision taken to market the 2.5TPD DMG units (the same size as the FTU) as a product

· Increased marketing of the Company and its technology

· Set up "agents" on a no win no fee basis to increase the Company's global reach

· Increasing support of Altec to pursue further opportunities in Thailand

 

At the AGM, Paul Emmitt, CEO, will give a presentation which will be made available on the Company's website this afternoon.

 

 

Paul Emmitt, Chief Executive Officer of PHE, commented:

 

"We have been delighted with the progress that the Company has made in the first half of the year. We have seen a very significant uptick in interest following the completion of the FTU and our CMD whilst also advancing our key projects. It has also been particularly pleasing to see the excellent performance from Engsolve which we expect to continue into the second half of the year.

 

We are already implementing several initiatives which we fully expect to continue to drive our business forward in the second half of the year and look forward to providing further updates as these come to develop.

 

Finally, I would like to take this opportunity to thank all our staff for their hard work and all our shareholders for their continued support."

 

 

For more information, contact:

Powerhouse Energy Group Plc

Paul Emmitt, CEO +44 (0) 203 368 6399

Ben Brier, CFO +44 (0) 203 368 6399

Strand Hanson Limited (Nominated & Financial Adviser)

Ritchie Balmer / Rob Patrick / James Harris +44 (0) 207 409 3494

SP Angel Corporate Finance LLP (Broker)

Stuart Gledhill / Adam Cowl +44 (0) 20 3470 0470

Tavistock (Financial PR)

Simon Hudson / Nick Elwes +44 (0) 207 920 3150

powerhouse@tavistock.co.uk

 

 

 

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. PHE's process produces low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community level.

 

PHE also incorporates Engsolve Ltd, which is a revenue generating business offering Engineering Services across all sectors, with speciality services in the development of new technologies and clean energy.

 

For more information see www.phegroup.com

 

 

 

END

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCRLMATMTJMBBA
Date   Source Headline
16th Apr 200712:33 pmPRNHolding(s) in Company
16th Apr 200710:15 amPRNHolding(s) in Company
23rd Mar 200710:59 amPRNHolding(s) in Company
20th Mar 20074:38 pmPRNHolding(s) in Company
12th Dec 200612:14 pmPRNTotal Voting Rights
12th Dec 200612:11 pmPRNDisposal
8th Dec 20062:23 pmPRNResult of AGM & EGM
24th Nov 20069:04 amPRNCorrection : Interim Results
24th Nov 20067:05 amPRNInterim Results
24th Nov 20067:00 amPRNDisposal
15th Nov 20067:01 amRNSRestoration - Bidtimes plc
1st Sep 20061:44 pmPRNStatement re Suspension
1st Sep 20067:00 amRNSSuspension - Bidtimes PLC
3rd May 20061:00 pmPRNDisposal
27th Feb 20063:34 pmPRNDisposal
22nd Feb 200611:05 amPRNDirector/PDMR Shareholding
16th Feb 20062:43 pmPRNHolding(s) in Company
8th Nov 200511:40 amPRNInterim Results
20th Sep 20053:10 pmPRNResult of AGM
11th Aug 200511:16 amPRNFinal Results
26th Apr 200512:40 pmRNSSAR 3 - Bidtimes PLC
12th Apr 20055:20 pmRNSSAR - Bidtimes PLC
12th Apr 20055:17 pmRNSSAR - Bidtimes PLC
17th Mar 20057:00 amPRNHolding(s) in Company
10th Mar 20057:01 amPRNDirector Shareholding
10th Mar 20057:01 amPRNDirector Shareholding
2nd Feb 200512:54 pmPRNHolding(s) in Company
21st Jan 200512:52 pmPRNHolding(s) in Company
20th Jan 20057:00 amRNSSAR - (Bidtimes PLC)
13th Jan 20055:06 pmPRNHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.