Powerhouse Energy Group appoints Clive Carver to the Board as Non-Executive Director

– UK, Bradford – Powerhouse Energy Group PLC (AIM:PHE), announces that Clive Carver has joined the board as a Non-Executive Director with immediate effect.

After qualifying as a chartered accountant with Coopers & Lybrand in 1986, Mr Carver pursued a career as a corporate financier with Shire Trust, Kleinwort Benson, Price Waterhouse, Williams de Broe and Seymour Pierce, culminating in his role in 2006 as a founding Director and Head of Corporate Finance of finnCap, which he undertook until 2011. Mr Carver is currently Chairman of three quoted companies and a non-executive director of Darwin Strategic Limited and Eco City Vehicles.

Keith Allaun, Executive Chairman of the Company said: “The Board of Directors and I are pleased to welcome Mr Carver to the Company. We believe that having a gentleman with Mr. Carver’s knowledge, expertise and vast experience in the market join the PowerHouse Board of Directors will have a positive impact on the Company as we focus our attention on the commercialisation of our G3-UHt technology.”

Clive Carver said: “With the company’s finances now on a firmer footing the success of the company should rest on the quality of the technology.

I am pleased to be joining the board of Powerhouse at the time of its re-launch and look forward to working with Keith Allaun and his team in translating the quality of the Company’s technology into a return for shareholders.”

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