Powerhouse Energy Group (PHE)

Sector:

Investment Firms

Index:

FTSE AIM All-Share

1.50p
   
  • Change Today:
    -0.050p
  • 52 Week High: 2.00p
  • 52 Week Low: 0.25p
  • Currency: UK Pounds
  • Shares Issued: 4,196.65m
  • Volume: 20,914,398
  • Market Cap: £62.95m

Powerhouse Energy appoints Paul Drennan-Durose as new CEO

By Josh White

Date: Monday 31 Jan 2022

LONDON (ShareCast) - (Sharecast News) - Plastic-to-hydrogen technology company Powerhouse Energy Group announced the appointment of Paul Drennan-Durose as its new chief executive officer on Monday.

The AIM-traded firm said Drennan-Durose had "many years" of board-level experience in technology, distribution, engineering services, and manufacturing companies.

His experience included work in the cleantech energy, oil and gas, waste-to-energy, process manufacturing, marine, and the automotive industries.

Powerhouse's board said Drennan-Durose would bring "significant and diverse" commercial, strategic, tactical and transformation experience to the company.

"I am excited to be joining Powerhouse as we aim to become a global leader in technology solutions that will help the world transition to clean energy, as well as help to remove plastic from environments worldwide," said Paul Drennan-Durose.

"It is set to be an exciting and busy year for Powerhouse which I look forward to leading, especially the build of the first facility at Protos."

Paul Drennan-Durose would join Powerhouse on 14 February, having spent more than three years as the investor-appointed CEO at Heliex Power - a private equity-backed cleantech energy business.

While there, he oversaw the start-up's transformation, including the roll-out of its technical and commercial market recovery.

"Paul is a valuable addition to the Powerhouse board and will bring his expertise in driving strategy, investment and delivery," said chairman James Greenstreet.

"Growing Powerhouse internationally with the roll-out of our clean energy technology is a key priority for Paul and will help ensure that Powerhouse will be part of the solution to tackling the world's waste problem."

At 1238 GMT, shares in Powerhouse Energy Group were up 6.7% at 3.87p.

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PHE Market Data

Currency UK Pounds
Share Price 1.50p
Change Today -0.050p
% Change -3.23 %
52 Week High 2.00p
52 Week Low 0.25p
Volume 20,914,398
Shares Issued 4,196.65m
Market Cap £62.95m

PHE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
52.04% below the market average52.04% below the market average52.04% below the market average52.04% below the market average52.04% below the market average
68.11% below the sector average68.11% below the sector average68.11% below the sector average68.11% below the sector average68.11% below the sector average
Price Trend
76.31% above the market average76.31% above the market average76.31% above the market average76.31% above the market average76.31% above the market average
57.70% above the sector average57.70% above the sector average57.70% above the sector average57.70% above the sector average57.70% above the sector average
Income Not Available
Growth
31.81% below the market average31.81% below the market average31.81% below the market average31.81% below the market average31.81% below the market average
26.38% below the sector average26.38% below the sector average26.38% below the sector average26.38% below the sector average26.38% below the sector average

PHE Dividends

No dividends found

Trades for 11-Jun-2024

Time Volume / Share Price
14:54 59,229 @ 1.48p
14:54 57,033 @ 1.53p
14:51 2,447 @ 1.48p
13:42 1,000,000 @ 1.50p
14:42 322 @ 1.55p

PHE Key Personnel

CEO Paul Emmitt
CFO Ben Scott Brier

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