20 Oct 2021 17:45
20 October 2021
Quadrise Fuels International plc
("Quadrise" or the "Company")
Morocco Travel Restrictions
Quadrise Fuels International plc (AIM: QFI) notes the announcement today by the Government of Morocco regarding a ban on UK flights until further notice, due to rising UK Covid-19 cases. The Company continues to prepare for the forthcoming trial at the client site in Morocco, with equipment ready to be shipped and arrangements for fuel manufacture in place. The ban on UK flights is not expected to impact the scheduled shipment of trial equipment in October 2021. However, the ban on inbound and outbound UK flights may affect the ability of Quadrise personnel to travel to Morocco to carry out the trial, with a resultant potential impact on the trial start date. The Company continues to prepare for the commencement of the trial in Q4 2021 whilst monitoring the situation and further announcements will be made, as appropriate, in due course.
For further information, please contact:
Quadrise Fuels International Plc | |
Mike Kirk, Chairman | +44 (0)20 7031 7321 |
Jason Miles, Chief Executive Officer | ir@quadrisefuels.com |
Nominated Adviser | |
Cenkos Securities plc | |
Ben Jeynes Katy Birkin | +44 (0)20 7397 8900 |
Joint Brokers | |
Peel Hunt LLP | |
Richard Crichton | +44 (0)20 7418 8900 |
David McKeown | |
Shore Capital Stockbrokers Limited | |
Toby Gibbs Fiona Conroy | +44 (0)20 7408 4090
|
Public & Investor Relations | |
FTI Consulting | |
Ben Brewerton | +44 (0)20 3727 1000 |
Ntobeko Chidavaenzi |
QFI.L (QFI)