QFI.L Regulatory News (QFI)

24 Mar 2006 09:58

AIM24 March 2006 ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH AIM RULE 2 ALL APPLICANTS MUST COMPLETE THE FOLLOWING: COMPANY NAME:Before re-admission: Zareba Plc After re-admission: Quadrise Fuels International plcCOMPANY ADDRESS: Before re-admission: Third Floor55 Gower StreetLondon After re-admission: Parnell House25 Wilton RoadLondon COMPANY POSTCODE:Before re-admission: WC1E 6HQ After re-admission: SW1V 1YD COUNTRY OF INCORPORATION:United Kingdom COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY TO BE DISCLOSED INACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J) OF THE AIM RULES: The strategic focus of the company will be to develop projects for the production and sale of QuadriseInternational Limited MSAR(R) fuels to power station operators and others through the establishment of viablemanufacturing locations and supply chains for major markets. The intention is that future revenue for the companywill be underpinned through the negotiation of long term supply contracts and joint ventures with key powerutilities and steam generating industries and that the business will be supported by the creation by the companyand its subsidiaries from time to time of a recognised specialist central resource base. DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price to whichit seeks admission and the number and type to be held as treasury shares):461,126,811 ordinary shares of 1p each CAPITAL TO BE RAISED ON ADMISSION:£12.9 million FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:Directors: Brian Michael Moritz (Executive Chairman) John Woolgar (Executive) James Everett Burgess (Executive) Proposed Directors: Ian Roderick James Williams (Executive Chairman) George William (Bill) Howe (Chief Executive Officer) Anthony (Tony) Peter Kallis (Commercial Director) Hemant Maneklal Thanawala (Finance Director) Laurence (Laurie) Ian Mutch (Non-executive) Anthony (Tony) Carmel Lowrie (Non-executive) PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITALBEFORE AND AFTER ADMISSION: Before admission Afteradmission First Investors Guarantee Limited 7.7% 0.34% Masefield Energy Holdings AG - 59.59% Anthony Davies - 3.65% NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:None save as disclosed in the Admission Document published on 23 March 2006 ANTICIPATED ACCOUNTING REFERENCE DATE:31 March EXPECTED ADMISSION DATE:19 April 2006 NAME AND ADDRESS OF NOMINATED ADVISER:Smith & Williamson Corporate Finance Limited, 25 Moorgate, London, EC2R 6AY NAME AND ADDRESS OF BROKER:Smith & Williamson Corporate Finance Limited, 25 Moorgate, London, EC2R 6AY Hichens, Harrison & Co. plc, Bell Court House, 11 Blomfield Street, London, EC2M 1LB DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENTTHAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES: An admission document which contains full details regarding the Company and admission of its shares will beavailable from the offices of Smith & Williamson Corporate Finance Limited, 25 Moorgate, London, EC2R 6AY and onthe Company's website www.zarebaplc.com from 23 March 2006 DATE OF NOTIFICATION:24 March 2006 NEW/ UPDATE (see note):New This information is provided by RNS The company news service from the London Stock Exchange