Adm of New Ord Shares&Significant Shareholders

RNS Number : 9744J

Quadrise Fuels International PLC

07 July 2011

 



7 July 2011

Quadrise Fuels International Plc ("QFI" or the "Company")

Admission of New Ordinary Shares and significant shareholders

As announced on 1 July 2011, both of the previous warrant holders in the Company elected to exercise their rights prior to 30 June 2011 resulting in QFI issuing 87,500,000 new ordinary shares of 1p each ("Ordinary Shares") to these warrant holders. The Company confirms that these Ordinary Shares were admitted to trading on AIM today. In addition, since the previous announcement was made on 1 July 2011, the Company has received updated information with respect to the resulting shareholdings of the two previous warrant holders as follows:

Shareholder                                         Number of                               Percentage of

Ordinary Shares                      Enlarged Issued

                                                                                                            Share Capital

Zenita Enterprises Limited                     125,000,000                                        17.30%

Anthony Lowrie                                    46,446,705                                          6.43%

All other total voting rights and directors' interests announced on 1 July 2011 remain unchanged.

Enquiries:

Quadrise Fuels International plc Ian Williams, Executive Chairman Hemant Thanawala, Finance Director	Tel: [phone]
Smith & Williamson Corporate Finance Limited Azhic Basirov Siobhan Sergeant	Tel: [phone]
Jendens Securities Limited Andrew Edwards Christopher Thomas	Tel: [phone]

 

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