1 Aug 2022 10:52
1 August 2022
Quadrise Fuels International plc
("Quadrise" or the "Company")
Director/PDMR Dealing
Quadrise (AIM:QFI), the supplier of MSAR® and bioMSAR™ emulsion technology and fuels, providing innovative lower cost and lower carbon alternatives to fuel oil and biofuels, announces that it has been notified that on 1 August 2022 Andy Morrison, Non-Executive Chairman of the Company, purchased 700,000 ordinary shares in the Company ("Ordinary Shares") at a price of 1.4824 pence per Ordinary Share.
Following this transaction Mr. Morrison is now interested in 700,000 Ordinary Shares, representing 0.05 per cent. of Quadrise's issued ordinary share capital.
The notification below, which are made in accordance with the Market Abuse Regulation, provides further details.
For further information, please refer to the Company's website at www.quadrisefuels.com or contact:
Quadrise Fuels International Plc | |
Jason Miles, Chief Executive Officer | +44 (0)20 7031 7321 |
David Scott, Head of Finance | |
Nominated Adviser | |
Cenkos Securities plc | |
Ben Jeynes | +44 (0)20 7397 8900 |
Katy Birkin | |
Broker Shore Capital Stockbrokers Limited | |
Toby Gibbs | +44 (0)20 7408 4090 |
Fiona Conroy | |
Public & Investor Relations | |
Vigo Consulting Patrick D'Ancona Charlie Neish | +44 (0)20 7390 0230 |
The following notifications are intended to satisfy the Company's obligations under Article 19(3) of the Market Abuse Regulation.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Andrew Morrison | ||||||
2 | Reason for notification | |||||||
a) | Position/Status | Non-Executive Chairman | ||||||
b) | Initial notification/amendment | Initial notification
| ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Quadrise Fuels International 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: GB00BM9CLS53
| ||||||
b) | Nature of transaction | Purchase of ordinary shares
| ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information | n/a
| ||||||
e) | Date of transaction | 1 August 2022
| ||||||
f) | Place of transaction | AIM
| ||||||