Quadrise Fuels International PLC Proposed Change of Name (6582S)
March 13 2023 - 3:00AM
UK Regulatory
TIDMQFI
RNS Number : 6582S
Quadrise Fuels International PLC
13 March 2023
13 March 2023
Quadrise Fuels International Plc
("Quadrise" or the "Company")
Proposed Change of Name
Strengthening Quadrise's positioning within Energy
Decarbonisation
Quadrise Fuels International Plc (AIM:QFI), the supplier of
innovative energy solutions for a cleaner planet, announces that
the Board of Directors intends to change the Company's name from
Quadrise Fuels International plc to Quadrise plc, and the Company's
TIDM from 'QFI' to 'QED'.
The renaming of the Company is part of the Board's initiative to
emphasise Quadrise's position in the energy decarbonisation space
amongst customers and investors and to acknowledge the material
contribution that the Company's technology solutions can make to
reducing carbon intensity in marine, power and industrial
applications. The move also sets the tone for future development of
the Company as it continues to implement its strategy towards
net-zero carbon energy solutions and carbon mitigations.
It is currently expected that the renaming of the Company to
Quadrise plc will occur prior to the end of March 2023, subject to
relevant filings being made with Companies House to implement, when
the Company's TIDM will also change to 'QED'.
The Company's website will be refreshed at the same time, with
updates reflecting the Company's decarbonisation strategy.
A further announcement in respect of completion of the proposed
change of Company name will be made in due course.
Jason Miles, Chief Executive of Quadrise, commented:
"We are excited about the direction Quadrise continues to take
as we establish the Company firmly within the energy
decarbonisation process, with all the opportunities that present
themselves for our suite of products. The new, simpler name and
updated ticker reflects a dynamic environment and our ambition for
Quadrise within it."
For additional information, please contact:
Quadrise Fuels International Plc +44 (0)20 7031 7321
Andy Morrison, Chairman
Jason Miles, Chief Executive Officer
Nominated Adviser
Cenkos Securities plc +44 (0)20 7397 8900
Ben Jeynes
Katy Birkin
Broker
Shore Capital Stockbrokers Limited +44 (0)20 7408 4090
Toby Gibbs, Rachel Goldstein (Corporate
Advisory)
Fiona Conroy (Corporate Broking)
Public & Investor Relations
Vigo Consulting
Patrick D'Ancona
Charlie Neish +44 (0)20 7390 0230
About Quadrise
Quadrise is the supplier of MSAR(R) and bioMSAR(TM) emulsion
technology, fuels and biofuels, providing innovative solutions to
reduce energy costs and greenhouse gas emissions today for clients
in the global power generation, shipping, industrial and refining
industries.
Learn more: www.quadrisefuels.com
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