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Powerhouse Energy ( (GB:PHE) ) has shared an update.
Powerhouse Energy Group Plc announced that its Chief Financial Officer, Ben Brier, has acquired 6,907,520 ordinary shares, increasing his total shareholding to 13,440,527 shares, representing 0.30% of the company’s issued ordinary share capital. This transaction highlights the confidence of the company’s management in its strategic direction and could potentially impact investor sentiment positively, reinforcing Powerhouse’s position in the low carbon energy sector.
More about Powerhouse Energy
Powerhouse Energy Group Plc is a company that has developed a process technology to convert waste plastic, end-of-life tyres, and other waste streams into syngas, which can be used to produce chemical precursors, hydrogen, electricity, heat, and other industrial products. The process is efficient, economical, and produces low levels of safe residues. Powerhouse Energy also includes Engsolve Ltd, a revenue-generating engineering consulting division specializing in new technologies and clean energy.
Average Trading Volume: 7,655,125
Technical Sentiment Signal: Sell
Current Market Cap: £23.25M
For detailed information about PHE stock, go to TipRanks’ Stock Analysis page.