Admission etc.

RNS Number : 1735E
Quadrise Fuels International PLC
04 April 2011
 



4 April 2011

 

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

 

Admission, Total Voting Rights, Directors' Shareholdings, Change of Broker & Nominated Adviser

 

 

Following the announcement made by the Company on 30 March 2011, QFI today announces, pursuant to the Placing and Open Offer, the admission of the Offer Shares to trading on AIM.

 

Total Voting Rights

 

Following Admission, QFI's issued share capital consists of 635,043,391 ordinary shares of 1p each with voting rights. The rights attaching to the Offer Shares, including as to voting, are the same as those of the Existing Ordinary Shares. The Company does not hold any ordinary shares in treasury. Therefore, the total number of voting rights in the Company is 635,043,391 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

 

Directors' Shareholdings

 

The Directors of QFI announce that their shareholdings in the Company, following Admission are as follows:

 

 

At the date of this document

On Admission

 

Name

Number of Existing Ordinary Shares

Percentage of Existing Ordinary Shares

Number of Ordinary Shares

Percentage of Enlarged Issued

Share Capital

 

Ian Williams*

9,396,580

1.71%

9,396,580

1.48%

Hemant Thanawala

8,344,189

1.52%

9,363,400

1.47%

Ian Duckels

3,203,052

0.58%

3,967,460

0.63%

Jason Miles

-

-

637,007

0.10%

 

* Tilehouse Limited owns 377,000 Ordinary Shares and has subscribed for a further combined total of 1,842,524 Ordinary Shares in the Placing and Open Offer. Tilehouse Trust is the owner of Tilehouse Limited and Ian Williams is a beneficiary of Tilehouse Trust.

 

Appointment of new Broker

 

The Company announces that it has appointed Jendens Securities Limited, the stockbroking and advisory firm, as its corporate broker with immediate effect.  Jendens was instrumental in the successful completion of the recent Placing and Open Offer.

 

Appointment of Nominated Adviser

 

The Company further announces that it has appointed Smith & Williamson Corporate Finance Limited, as its nominated adviser, with immediate effect. 

 

All capitalised definitions used in this announcement bear the same meaning as those in the circular which was sent to the Company's shareholders and dated 8 March 2011.

 

Enquiries:

 

Quadrise Fuels International plc

Ian Williams, Executive Chairman

Hemant Thanawala, Finance Director

Tel: +44 (0)20 7550 4931

 



Smith & Williamson Corporate Finance Limited

Azhic Basirov

Siobhan Sergeant

Tel: +44 (0)20 7131 4000

 



Jendens Securities Limited

Andrew Matharu

Andrew Edwards

Christopher Thomas

Tel: +44 (0)20 3372 2500

 

 

 

 

 

 

 

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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