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
0.22    0.00 (0.00%)
Bid:
0.21
Ask:
0.23
Spread: 0.02 (9.524%)
Market Cap: £11.27m
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
7th Jun 20241:21 pmRNSExercise of Warrants
6th Jun 20247:00 amRNSExercise of Warrants
3rd Jun 20247:00 amRNSAudited Results for Year Ended 31 December 2023
22nd May 20247:00 amRNSResolution of European Patent Challenge
21st May 20249:46 amRNSGranting of GB Patent Application
16th Apr 20247:00 amRNSTechnical Centre Update
18th Mar 20247:00 amRNSSubsidiary Contract
11th Mar 20247:00 amRNSUpdate on Longford Project JV
22nd Feb 20247:00 amRNSFramework Agreement with National Hydrogen
19th Feb 202412:32 pmRNSCorporate Activity Update
6th Feb 20245:20 pmRNSUpdate on European Patent Claim
31st Jan 20247:00 amRNSAppointment of Nominated & Financial Adviser
12th Dec 20237:00 amRNSDirector’s Dealing
11th Dec 20237:00 amRNSDirector’s Dealing
8th Dec 20237:00 amRNSDirectorate Update
27th Nov 20237:00 amRNSDirectorate Update
15th Nov 20237:00 amRNSDirectorate Change
6th Nov 20237:00 amRNSEuropean Patent update
30th Oct 20237:00 amRNSDeferral of Commitment to JV with HUI
6th Oct 20232:16 pmRNSPowerhouse Technology Centre Project Update
15th Sep 20237:00 amRNSEuropean Patent Grant Confirmed
7th Sep 20234:05 pmRNSResult of AGM
6th Sep 20237:05 amRNSHalf Year Report
6th Sep 20237:00 amRNSChange of directorate
22nd Aug 20237:00 amRNSPlacing to raise £1,000,000 and issue of equity
16th Aug 20237:00 amRNSNotice of AGM
13th Jul 20237:00 amRNSEuropean Patent Application Allowed
30th Jun 20237:00 amRNSAudited Results for Year Ended 31 December 2022
22nd Jun 20237:00 amRNSAcquisition of entire shareholding of Engsolve Ltd
30th May 20237:00 amRNSAppointment of representative in Northern Ireland
2nd May 20237:00 amRNSAcquisition of the entire shareholding of Protos
3rd Apr 20237:00 amRNSExtension of agreements with Peel
31st Mar 20237:00 amRNSPHE discussions with National Hydrogen Australia
21st Mar 20237:00 amRNSJoint Venture with HUI Plc
16th Mar 20239:00 amRNSCompletion of lease on Technology Centre
27th Feb 20237:00 amRNSHolding(s) in Company
27th Feb 20237:00 amRNSHolding(s) in Company
27th Feb 20237:00 amRNSHolding(s) in Company
22nd Feb 20234:40 pmRNSSecond Price Monitoring Extn
22nd Feb 20234:35 pmRNSPrice Monitoring Extension
22nd Feb 202311:05 amRNSSecond Price Monitoring Extn
22nd Feb 202311:00 amRNSPrice Monitoring Extension
22nd Feb 20237:00 amRNSFramework Services agreement with Petrofac
16th Feb 202311:05 amRNSDirectorate Change
23rd Jan 202312:27 pmRNSUpdate on Konin facility, Poland
12th Jan 202311:05 amRNSSecond Price Monitoring Extn
12th Jan 202311:00 amRNSPrice Monitoring Extension
11th Jan 20234:40 pmRNSSecond Price Monitoring Extn
11th Jan 20234:35 pmRNSPrice Monitoring Extension
4th Jan 20234:40 pmRNSSecond Price Monitoring Extn

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.