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Powerhouse Energy Group plc (AIM: PHE), the UK technology company commercialising hydrogen production from waste plastic, announces that the Company is issuing 4,895,260 ordinary shares of 0.5p each in the Company ("Ordinary Shares") further to the exercise of warrants at 2.5p per Ordinary Share.
Application has been made for the admission of 4,895,260 Ordinary Shares to trading ADVERTISEMENT on AIM ("Admission") and it is expected that this will occur on or around 26 January 2021. These shares will rank pari passu in all respects with the Company's existing issued Ordinary Shares. |