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Director/PDMR Shareholding

9 May 2014 14:45

RNS Number : 7491G
Quadrise Fuels International PLC
09 May 2014
 



 

 

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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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