Quadrise Fuels International PLC Issue of Convertible Security (7827K)
August 30 2019 - 12:07PM
UK Regulatory
TIDMQFI
RNS Number : 7827K
Quadrise Fuels International PLC
30 August 2019
30 August 2019
Quadrise Fuels International plc
("Quadrise", "QFI" or "the Company")
Issue of Convertible Security
Quadrise announces that it has today issued a convertible
security with the nominal value of GBP2,150,000 at the purchase
price of GBP2,000,000 pursuant to, and on and subject to the terms
and conditions set out in, the convertible securities issuance deed
dated 22 August 2019, the details of which were disclosed to the
market on 23 August 2019.
For further information, please refer to the Company's website
at www.quadrisefuels.com or contact:
Quadrise Fuels International Plc
Mike Kirk, Executive Chairman +44 (0)20 7031 7321
Jason Miles, Chief Operating Officer
Nominated Adviser
Cenkos Securities plc
Dr Azhic Basirov +44 (0)20 7397 8900
Ben Jeynes
Katy Birkin
Joint Brokers
Peel Hunt LLP
Richard Crichton +44 (0)20 7418 8900
David McKeown
Stockdale Securities
Andy Crossley
Daniel Harris +44 (0)20 7601 6108
Public & Investor Relations
FTI Consulting
Ben Brewerton +44 (0)20 3727 1000
Ntobeko Chidavaenzi
Notes to Editors
QFI is the supplier of MSAR(R) emulsion technology and fuels, a
low-cost alternative to heavy fuel oil (one of the world's largest
fuel markets, comprising over 450 million tons per annum) in the
global shipping, refining and steam and power generation
industries.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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