Powerhouse Energy Group (PHE)

Sector:

Investment Firms

Index:

FTSE AIM All-Share

0.97p
   
  • Change Today:
    -0.058p
  • 52 Week High: 1.16p
  • 52 Week Low: 0.25p
  • Currency: UK Pounds
  • Shares Issued: 4,165.41m
  • Volume: 3,428,154
  • Market Cap: £40.27m

Powerhouse's shares slide as it repays loan in cash and shares

By Andrew Schonberg

Date: Wednesday 15 Feb 2017

LONDON (ShareCast) - (ShareCast News) - Shares in Powerhouse Energy have plunged 25% as it repaid a £3.4m loan note balance to Hillgrove via a mix of funds raised in a capital hike and the conversion of debt to new shares.
It had completed a £2.5m placing of 312.5m new shares at 0.8p each.

Hillgrove has accepted a £2m cash pay-out, and conversion of the remaining £1.4m of the loan balance into new Powerhouse shares at a previously agreed 0.5p-a-share price.

Hillgrove, which had committed to a 12-month lock-in, now held a total of 300.4m shares in Powerhouse's enlarged share capital.

At about 10:32 GMT, shares in AIM-quoted Powerhouse were down 25% to 1.12p each.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

PHE Market Data

Currency UK Pounds
Share Price 0.97p
Change Today -0.058p
% Change -5.69 %
52 Week High 1.16p
52 Week Low 0.25p
Volume 3,428,154
Shares Issued 4,165.41m
Market Cap £40.27m

PHE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
50.17% above the market average50.17% above the market average50.17% above the market average50.17% above the market average50.17% above the market average
41.99% above the sector average41.99% above the sector average41.99% above the sector average41.99% above the sector average41.99% above the sector average
Income Not Available
Growth
3.14% below the market average3.14% below the market average3.14% below the market average3.14% below the market average3.14% below the market average
1.64% below the sector average1.64% below the sector average1.64% below the sector average1.64% below the sector average1.64% below the sector average

PHE Dividends

No dividends found

Trades for 15-May-2024

Time Volume / Share Price
11:28 968 @ 1.00p
11:18 103,541 @ 0.97p
11:09 25,000 @ 0.97p
11:00 200,000 @ 1.02p
11:00 200,000 @ 1.02p

PHE Key Personnel

CEO Paul Emmitt
CFO Ben Scott Brier

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