9th May 2014 14:45
9 May 2014
Quadrise Fuels International PLC
("QFI", "Quadrise" or the "Company")
Director's Dealing
Quadrise, the emerging supplier of MSAR®, a low cost alternative to heavy fuel oil in the shipping, refining, and power generation markets, announces that on 9 May 2014, Hemant Thanawala, the Company's Finance Director and his wife each transferred, at no consideration, 500,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") to their two adult children.
As a result Mr. Thanawala is now beneficially interested in 7,863,400 Ordinary Shares, representing 0.97 per cent. of the Company's issued ordinary share capital.
-ENDS-
For further information, please refer to the Company's website at www.quadrisefuels.com or contact:
Quadrise Fuels International Plc | +44 (0)20 7031 7321 |
Ian Williams, Executive Chairman | |
Hemant Thanawala, Finance Director | |
Nominated Adviser | |
Smith & Williamson Corporate Finance Limited | +44 (0)20 7131 4000 |
Dr Azhic Basirov | |
Ben Jeynes | |
Broker | |
Peel Hunt LLP | +44 (0)20 7418 8900 |
Richard Crichton | |
Ross Allister | |
Alastair Rae | |
Public & Investor Relations |
|
Pelham Bell Pottinger | +44 (0)20 7861 3232 |
Philip Dennis | |
Rollo Crichton-Stuart |
Related Shares:
QFI.L