POWERHOUSE ENERGY GROUP PLC - Director/PDMR Shareholding

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

4 December 2020

Director’s Dealing

Powerhouse Energy Group plc (AIM: PHE), the UK technology company commercialising hydrogen production from waste plastic, announces that Tim Yeo, Chairman of the Company, transferred 605,263 ordinary shares of 0.5p each in the Company (“Ordinary Shares”) into his Self-Invested Personal Pension (“SIPP”) and a further 1,521,228 Ordinary Shares into his wife’s SIPP on 13 November 2020.

Further to these transactions, Mr Yeo’s beneficial interest in the Company remains unchanged at 71,871,959 Ordinary Shares, including those held by Mrs Yeo, which represents 1.93% of the Company’s issued ordinary share capital.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

-ENDS-

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Becca Smith                                                                      Mob: +447766522305

Notes for editors:

About Powerhouse Energy Group plc

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

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

Powerhouse’s process produces low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community level. As announced on 11th February 2020 under its Supplemental Agreement with Peel Environmental, Powerhouse will receive an annual license fee of £500,000 in respect of each project which is commissioned.

Powerhouse is quoted on the London Stock Exchange's AIM Market under the ticker: PHE and is incorporated in the United Kingdom.

For more information see www.powerhouseenergy.net