Quadrise Fuels International PLC Directorate Change (8158W)
April 23 2019 - 6:40AM
UK Regulatory
TIDMQFI
RNS Number : 8158W
Quadrise Fuels International PLC
23 April 2019
23 April 2019
Quadrise Fuels International plc
("Quadrise", "QFI" or the "Company")
Directorate Change
Quadrise is pleased to announce the appointment of Mr. Bryan
Kaye Sanderson CBE as an independent non-executive director of the
Company with immediate effect.
Mr. Sanderson has extensive experience in the energy, chemicals
and financial sectors, having spent more than 35 years with BP in
senior executive positions, latterly as Managing Director from 1991
to 2000 and as Chief Executive of BP Chemicals from 1990 to
2000.
Since retiring from BP in 2000, Mr. Sanderson has held the
position of Chairman at Standard Chartered Bank, the Learning and
Skills Council, BUPA, Northern Rock and Sunderland Area
Regeneration. Mr. Sanderson was also previously a non-executive
director of Corus/British Steel, Six Continents and Argus Media. He
is currently Interim Chairman of the UK Government's Low Pay
Commission and holds a number of other board positions.
Mr. Sanderson holds a BSc in Economics from the London School of
Economics, where he is currently an Emeritus Governor, as well as
Honorary Doctorates from the University of York and the University
of Sunderland. He is also an Honorary Fellow of the Institution of
Chemical Engineers.
Commenting on the appointment Mike Kirk, Executive Chairman of
QFI, said:
"We are delighted that Bryan has joined the board of QFI,
bringing with him a wealth of knowledge, experience and connections
from over 35 years as a senior executive and having served on the
Boards of some of the UK's most prominent businesses. His depth of
knowledge within the energy, chemicals and financial sectors will
be invaluable for the business and having someone of Bryan's
stature join Quadrise at this important time is a clear endorsement
of the progress that we are making. I and the rest of the board are
looking forward to working with Bryan in the continued development
of the business towards commercialisation and delivery of value to
shareholders."
In addition to his appointment to the Quadrise board of
directors, Mr. Bryan Kaye Sanderson CBE, aged 78, holds or has held
the following directorships or partnerships in the past five
years.
Current Previous (last five years)
One World Entertainment Limited Business Impact UK Limited
Diabetes Care Technology Limited Argus Media Limited
Samling Institute for Young ZIPP International Payments
Artists Limited
Home Renaissance Foundation Cella Energy Limited (1)
Florence Nightingale Foundation
Durham Cricket C.I.C.
1. Mr. Sanderson was appointed as a director of Cella Energy
Limited on 28 September 2011 and resigned as a director of that
Company on 18 February 2014. Cella Energy Limited was placed into
administration on 6 June 2014 and dissolved on 17 March 2016. The
deficiency as regards creditors was approximately GBP128,000.
2. Mr. Sanderson was appointed as a director of Oxford Policy
Institute on 23 April 2009. Oxford Policy Institute was placed into
creditors voluntary liquidation on 21 August 2012 and dissolved on
28 January 2014. The deficiency as regards creditors was
approximately GBP156,000.
For further information, please refer to the Company's website
at www.quadrisefuels.com, or contact ir@quadrisefuels.com or
phone:
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
Ross Allister
Joint Broker
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 power generation, shipping, steam and refining
industries.
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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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