Director/PDMR Dealing

RNS Number : 4432U

Quadrise Fuels International PLC

01 August 2022

 

1 August 2022

Quadrise Fuels International plc

("Quadrise" or the "Company")

Director/PDMR Dealing

Quadrise (AIM:QFI) ,   the supplier of MSAR®and bioMSAR™ emulsion technology and fuels, providing innovative lower cost and lower carbon alternatives to fuel oil and biofuels , announces that it has been notified that on 1 August 2022 Andy Morrison, Non-Executive Chairman of the Company, purchased 700,000 ordinary shares in the Company ("Ordinary Shares") at a price of 1.4824 pence per Ordinary Share.

Following this transaction Mr. Morrison is now interested in 700,000 Ordinary Shares, representing 0.05 per cent. of Quadrise's issued ordinary share capital.

The notification below, which are made in accordance with the Market Abuse Regulation, provides further details.

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

Quadrise Fuels International Plc
Jason Miles, Chief Executive Officer	[phone]
David Scott, Head of Finance
Nominated Adviser
Cenkos Securities plc
Ben Jeynes	[phone]
Katy Birkin
Broker Shore Capital Stockbrokers Limited
Toby Gibbs	[phone]
Fiona Conroy
Public & Investor Relations
Vigo Consulting Patrick D'Ancona Charlie Neish	[phone]

The following notifications are intended to satisfy the Company's obligations under Article 19(3) of the Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Andrew Morrison
2	Reason for notification
a)	Position/Status	Non-Executive Chairman
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Quadrise Fuels International plc
b)	LEI	213800HN2ETG5476U328
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument and identification code	Ordinary shares of 1 pence each ISIN: GB00BM9CLS53
b)	Nature of transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.4824 pence 700,000
d)	Aggregated information	n/a
e)	Date of transaction	1 August 2022
f)	Place of transaction	AIM

 

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