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Director/PDMR Shareholding

26th Mar 2025 12:46

RNS Number : 3456C
Quadrise PLC
26 March 2025
 

26 March 2025

 

Quadrise Plc ("Quadrise" or the "Company")

 

Director/PDMR Shareholding

 

Quadrise Plc (AIM: QED), the transition technology provider for a cleaner planet, announces that Philip Hill, Chief Operating Officer of the Company, has on 26 March 2025 sold 116,666 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at a price of 3.921 pence per Ordinary Share (the "Sale"), and also simultaneously purchased 116,666 ordinary shares at a price of 3.970 pence per Ordinary Share (the "Purchase" and, together with the Sale, the "Dealings").

 

The Dealings have been undertaken in order to effect a transfer of the Ordinary Shares subscribed for by Mr Hill in the Company's £6.53 million fundraising into an ISA.

 

Following the Dealings, Mr Hill's beneficial holding is 338,363 Ordinary Shares, representing approximately 0.02 per cent. of the Company's issued share capital.

 

The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further detail.

 

For additional information, please contact:

 

Quadrise Plc

+44 (0)20 7031 7321

Andy Morrison, Chairman

Jason Miles, Chief Executive Officer

Nominated Adviser

Cavendish Capital Markets Limited

+44 (0)20 7220 0500

Ben Jeynes

Katy Birkin

George Lawson

Joint Brokers

Shore Capital Stockbrokers Limited

Toby Gibbs, Rachel Goldstein (Corporate Advisory)

Fiona Conroy (Corporate Broking)

+44 (0)20 7408 4090

 

VSA Capital Limited

Andrew Raca (Corporate Finance)

Andrew Monk (Corporate Broking)

 

+44 (0)20 3005 5000

 

Public & Investor Relations

 

 

Cutbill Jacoby

Andy Cutbill

Frankie Dundon

 

+44 (0)7841 576000

+44 (0)7312 274086

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Philip Hill

 

2

Reason for notification

a)

Position/Status

PDMR (Chief Operating Officer)

Initial notification/amendment

Initial notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Quadrise plc

 

b)

LEI

213800HN2ETG5476U328

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

Description of the financial instrument, type of instrument and identification code

Ordinary shares of 1 pence each

 

ISIN: GB00B11DDB67

 

b)

Nature of transaction

Sale of Ordinary Shares

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

3.921 pence

116,666

 

 

d)

Aggregated information

 n/a

 

 

e)

Date of transaction

26 March 2025

 

 

f)

Place of transaction

AIM

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Philip Hill

 

2

Reason for notification

a)

Position/Status

Chief Operating Officer 

Initial notification/amendment

Initial notification

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Quadrise plc

 

b)

LEI

213800HN2ETG5476U328

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

Description of the financial instrument, type of instrument and identification code

Ordinary shares of 1 pence each

 

ISIN: GB00B11DDB67

 

b)

Nature of transaction

Purchase of Ordinary Shares

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

3.970 pence

116,666

 

 

d)

Aggregated information

 n/a

 

 

e)

Date of transaction

26 March 2025

 

 

f)

Place of transaction

AIM

 

 

 

About Quadrise Plc

Quadrise is the supplier of MSAR® and bioMSAR™ emulsion technology, fuels and biofuels, providing innovative solutions to lower energy costs, pollution and greenhouse gas emissions today for the global power generation, shipping, industrial and oil industries.

Learn more at: www.quadrise.com

 

 

Follow us on social media:

LinkedIn: @Quadrise Plc

X (formerly Twitter): @QuadrisePlc

 

 

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