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Powerhouse Energy ( (GB:PHE) ) just unveiled an announcement.
Powerhouse Energy Group plc announced that Louise Emmitt, the wife of CEO Paul Emmitt, purchased 1,933,679 ordinary shares in the company, increasing their total shareholding to 6,471,971 shares, which represents 0.14% of the company’s issued share capital. This transaction underscores the confidence of the company’s leadership in its strategic direction and potential growth, as it continues to innovate in the waste-to-energy sector.
More about Powerhouse Energy
Powerhouse Energy Group plc is a company at the forefront of technology that transforms non-recyclable waste into low carbon energy. It offers a process that converts waste plastic, end-of-life tyres, and other waste streams into syngas, which can be further processed into valuable products like hydrogen and electricity. The company also includes Engsolve Ltd, a revenue-generating engineering consulting division specializing in clean energy and new technology development.
YTD Price Performance: -52.73%
Average Trading Volume: 12,713,267
Technical Sentiment Signal: Buy
Current Market Cap: £23.25M
For an in-depth examination of PHE stock, go to TipRanks’ Stock Analysis page.