19th Nov 2013 17:52
19 November 2013
Quadrise Fuels International Plc
("QFI" or "Quadrise" or the "Company")
Director's Dealing
Quadrise Fuels International PLC, the emerging manufacturer and supplier of MSAR®, a low cost alternative to heavy fuel oil in the shipping, refining, and power generation markets, announces that, Raksha Thanawala, the wife of Hemant Thanawala, Finance Director, today sold 500,000 ordinary shares in the Company ("Ordinary Shares") at a price of 30.4p per share. Following this transaction, Mr Thanawala's aggregate beneficial interest in the Company (together with his connected parties) amounts to 8,863,400 Ordinary Shares equivalent to 1.15 per cent. of the issued share capital.
-ENDS-
For further information, please refer to the Company's website at www.quadrisefuels.com or contact:
Quadrise Fuels International Plc | |
Ian Williams, Executive Chairman | +44 (0)20 7031 7321 |
Hemant Thanawala, Finance Director | |
Nominated Adviser | |
Smith & Williamson Corporate Finance Limited | |
Dr Azhic Basirov | +44 (0)20 7131 4000 |
Siobhan Sergeant
| |
Broker | |
Peel Hunt LLP | |
Richard Crichton | +44 (0)20 7418 8900 |
Matthew Armitt | |
Ross Allister
| |
Public & Investor Relations | |
Pelham Bell Pottinger | |
Philip Denis | +44 (0)20 7861 3232 |
Rollo Crichton-Stuart |
Related Shares:
QFI.L