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POWERHOUSE ENERGY GROUP PLC - Clarification regarding holding in company

PowerHouse Energy Group plc("PowerHouse" or the "Company")

Clarification regarding Holding in Company

(AIM: PHE), the technology company commercialising hydrogen production from waste plastic, was previously notified that held 98,800,000 ordinary shares of 0.5p each in the Company (“Ordinary Shares”) and on this holding was reduced to 60,000,000 Ordinary Shares and on was further reduced to zero shares when 60,000,000 Ordinary Shares were transferred to .PowerHouse Energy Group plcYady Worldwide SAUK27 February 201920 January 2020Ben White

Subsequent to these notifications, announced on , the Company was notified on that was always the beneficial owner of these Ordinary Shares. His current holding in the Company is 65,000,000 which represents 3.15% of the Company current issued ordinary share capital and voting rights.23 April 202030 April 2020Ben White

For more information, contact:

AboutPowerHouse Energy Group plc

PowerHouse has developed a proprietary process technology - DMG® - which can utilise waste, unrecycleable plastic, end-of-life-tyres, and other waste streams to efficiently and economically convert them into syngas from which valuable products such as hydrogen, chemical precursors, electricity and other industrial products may be derived. The PowerHouse technology is one of the world’s first proven, modular, hydrogen from waste (HfW) process.

The PowerHouse DMG® process can generate up to 2 tonnes of road-fuel quality H2, and more than 58MWh of exportable electricity per day.

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

PowerHouse is quoted on the AIM Market under the ticker: PHE, and is incorporated in the .London Stock Exchange'sUnited Kingdom

For more information seewww.powerhouseenergy.net

Tel: +44 (0) 203 368 6399

, Chief Executive Officer

 (Nominated Adviser)     Tel: +44 (0) 207 220 1666

 / Lydia Zychowska

 (Joint Broker) Tel: +44 (0) 203 657 0050

 / 

 (Media enquiries)          Tel: +44 (0) 1483 271291

                                Mob: +44 (0) 7979 900733PowerHouse Energy Group plcWH Ireland LimitedTurner Pope Investments LtdIkon AssociatesDavid RyanJames JoyceAndrew ThackerZoe AlexanderAdrian Shaw

Quick facts: Powerhouse Energy Group PLC

Price: 4

Market: LSE
Market Cap: £83.11 m
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Powerhouse Energy CEO updates on commercial development and plans for future...

Powerhouse Energy Group PLC's (LON:PHE) CEO Dave Ryan tells Proactive London's Andrew Scott its DMG technology is continuing to attract substantial interest internationally. The Protos Energy Park in Cheshire is being developed by Powerhouse’s partner, Peel Environmental, and there is a 10-site...

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