Quadrise Fuels International PLC Result of General Meeting (0018O)

TIDMQFI

RNS Number : 0018O

Quadrise Fuels International PLC

27 September 2019

Quadrise Fuels International plc

("Quadrise", "QFI")

Result of General Meeting

Quadrise Fuels International plc (AIM: QFI) is pleased to announce that both of the Resolutions proposed at the General Meeting of the Company held earlier today were duly passed.

As a result, the Open Offer and Subscription announced by the Company on 9 September 2019 will proceed. The results of the Open Offer are expected to be announced on 30 September 2019.

Both of the Resolutions proposed at the General Meeting were voted on by way of a show of hands. Resolution 1 was passed as an ordinary resolution and Resolution 2 was passed as a special resolution. The results of the votes incorporating proxy votes lodged in advance of the meeting are set out below.

Capitalised terms used but not otherwise defined in this announcement bear the same meanings ascribed to them in the circular of the Company dated 9 September 2019.

 
 Resolution                 Votes        %      Votes      %        Total        Votes 
                             for                against             votes       withheld 
                                                                     cast 
      To authorise 
       the directors 
       to allot 
       shares pursuant 
       to section 
       551 of the 
       Companies 
 1.    Act 2006          260,820,220   99.89   279,781    0.11   261,100,001   5,665,593 
     -----------------  ------------  ------  ---------  -----  ------------  ---------- 
      To disapply 
       section 561 
       Companies 
 2.    Act 2006          260,751,549   99.88   326,178    0.12   261,077,727   5,687,867 
     -----------------  ------------  ------  ---------  -----  ------------  ----------

Notes:

1. Any proxy appointments which gave discretion to the chairman of the meeting have been included in the 'Votes for' total.

2. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of "Votes for" and "Votes against" a Resolution, nor in the calculation of "Total votes cast" for any Resolution.

3. The issued share capital of the Company as at the date of the General Meeting was 931,100,784 ordinary shares.

For further information, please refer to the Company's website at www.quadrisefuels.com, or contact ir@quadrisefuels.com or:

 
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 Broker 
Peel Hunt LLP 
Richard Crichton                       +44 (0)20 7418 8900 
David McKeown 
 
Joint Broker 
Shore Capital Stockbrokers Limited     +44 (0)20 7601 6108 
Andy Crossley 
Daniel Harris 
 
Public & Investor Relations 
FTI Consulting 
Ben Brewerton                          +44 (0)20 3727 1000 
Ntobeko Chidavaenzi

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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