6th Jul 2007 16:31
Quadrise Fuels International PLC06 July 2007 6 July 2007 AIM : QFI Quadrise Fuels International plc ("Quadrise" or "the Company") Directors' Dealings The Board of Quadrise Fuels International Plc resolved on 4 July 2007 to grantoptions over ordinary shares of 1p each in the Company ("Options") in accordancewith the provisions of the Company's Share Option Scheme to the Quadrisemanagement team including two directors, William Howe and Anthony Kallis whoabstained from voting on the grant of Options in their favour. The Options vestover a period of two years in four equal tranches. In accordance with the ShareOptions Scheme rules, the exercise price is a minimum of 12p per share. Theexercise of the options is subject to detailed performance targets. Details of Messrs Howe and Kallis' holdings in the Company are set out below: Director Options granted Options held Current Current following grant shareholding shareholding as a % of issued share capital William Howe 2,000,000 4,000,000 2,079,827 0.45%Anthony Kallis 1,500,000 3,000,000 0 0.00% For further information, please contact: Quadrise Fuels International plcBill HoweCEOT: +44 (0)20 7550 4930 Smith & Williamson Corporate Finance LimitedAzhic Basirov / Siobhan SergeantT: +44 (0)20 7131 4000 Parkgreen CommunicationsSimon Robinson / Clare IrvineT: +44 (0)20 7851 7480 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
QFI.L