REG - Powerhouse Energy Gp - Result of AGM

Powerhouse EnergyAnnouncement

28/06/2024 07:00

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RNS Number : 3231U  Powerhouse Energy Group PLC  28 June 2024

 

28 June 2024

 

Powerhouse Energy Group plc

 

("Powerhouse" or the "Company")

Result of AGM

 

Powerhouse Energy Group plc (AIM: PHE), a company pioneering integrated
technology that converts non-recyclable waste into low carbon energy, in
conjunction with its revenue generating engineering consulting division
(Engsolve), announces that at the Annual General Meeting of the Company held
on 27 June 2024, all resolutions put to shareholders were duly passed.

 

All resolutions were decided on a poll.

The results of the votes are set out below:

                                                                            FOR*                          AGAINST
 RESOLUTIONS                                                                Votes        % of votes cast  Votes      % of votes cast  Abstain
 Ordinary Resolution 1                                                      182,924,555   99.32%          1,257,327   0.68%           816,016
 To receive the financial statements for the year ended 31 December 2023
 together with Directors' Reports and the Auditors' Report
 Ordinary Resolution 2                                                      180,703,543  98.80%           2,202,120  1.20%            2,902,235
 To approve the Remuneration Report
 Ordinary Resolution 3                                                      178,355,509  97.10%           5,325,878  2.90%            1,316,511
 To reappoint Barnes Roffe LLP as audit and authorise the directors to fix
 their remuneration
 Ordinary Resolution 4                                                      181,600,131  98.71%           2,371,264  1.29%            1,026,503
 To elect Ben Brier as a director of the Company
 Ordinary Resolution 5                                                      177,875,047  96.56%           6,340,382  3.44%            782,469
 To re-elect Paul Emmitt as a director of the Company

 
 Ordinary Resolution 6                                                           176,946,644  96.05%   7,268,785   3.95%   782,469

 To re-elect Anthony Gale as a director of the Company
 Ordinary Resolution 7                                                           174,862,855  95.87%   7,535,129   4.13%   2,599,914

 To authorise the directors to allot and issue equity securities
 Special Resolution 8                                                            137,609,048  75.15%   45,503,899  24.85%  1,884,951

 To authorise the directors to dis-apply pre-emption rights, as set out in the
 notice of meeting
 Special Resolution 9                                                            180,796,473           2,785,739   1.52%   1,415,686

 To authorise the Company to make market purchases of its own shares.                         98.48%

 *Votes received for the resolutions includes votes allowing the Chairman's
 discretion.

 

 

-ENDS-

 

 For more information, contact:

 Powerhouse Energy Group Plc                                +44 (0) 203 368 6399

 Paul Emmitt

 Strand Hanson Limited (Nominated & Financial Adviser)      +44 (0) 207 409 3494

 Ritchie Balmer

 James Harris

 Rob Patrick

 Turner Pope Investments (TPI) Ltd (Broker)                 +44 (0) 203 657 0050

 Andrew Thacker

 James Pope

 Tavistock (Financial PR)                                   powerhouse@tavistock.co.uk (mailto:powerhouse@tavistock.co.uk)

 Simon Hudson

 Nick Elwes

 Saskia Sizen

 

 

 

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.

 

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

 

Powerhouse Energy Group also incorporates Engsolve Ltd, which is a revenue
generating business who offer Engineering Services across all sectors with
speciality services in the development of new technologies and clean energy.

 

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

 

For more information see www.phegroup.com (http://www.phegroup.com)

 

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