Business
Further Re. Proposed acquisition of Pyromex
Further Re. Proposed acquisition of Pyromex.
About this update from Powerhouse Energy Group Plc
[{"type":"text","content":"\n \nRNS Number : 0976V Powerhouse Energy Group PLC 06 January 2012 \n\n6 January 2012\n \nPowerHouse Energy Group plc\n(\"The Company\" or \"PowerHouse\")\n \n \nFurther Re. Proposed acquisition of Pyromex Holding, AG - Extension of Option \n \nFurther to the announcement made on 30 December 2011 regarding PowerHouse's exercise of option notice to acquire the remaining 70 per cent. interest in Pyromex Holding, AG (\"Pyromex\")(\"the Target Shares\"), the Company announces that by mutual agreement the option period has been extended to 31 January 2012 and as a result completion of the acquisition of the Target Shares is expected to occur on or before 7 February 2012.\n \nA further announcement will be made in due course. \n \nFor additional information please contact:\n \nPowerHouse Energy Group plc\nRoss Lyndon-James\n+44 (0) 20 7887 1362\n\nMerchant Securities Limited (NOMAD and Broker)\nDavid Worlidge/Simon Clements\n+44 (0) 20 7628 2200\n \nPelham Bell Pottinger\nNick Lambert / Charles Stewart\n+44 (0) 20 7861 3232\n \nNotes to Editors:\n \n· PowerHouse is a leading provider of economically proven, on-site, clean energy systems that use traditional and renewable forms of fuel to generate electric and thermal energy in an environmentally responsible way. PowerHouse's forward development strategy includes the conversion of waste and coal and coal waste to cleaner liquid fuels including diesel and jet fuels \n \n· PowerHouse offers a complete turnkey waste/biomass to energy equipment solution either by: direct sale or energy supply under long term power purchase agreements\n \n· PowerHouse's shares trade on the Alternative Investment Market under the ticker (PHE)\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCSSEFWIFESEEF\n ","length":3542,"tagName":"div"}]