Director/PDMR Shareholding

RNS Number : 7491G

Quadrise Fuels International PLC

09 May 2014

 



9 May 2014

Quadrise Fuels International PLC

("QFI", "Quadrise" or the "Company")

Director's Dealing

Quadrise, the emerging supplier of MSAR®, a low cost alternative to heavy fuel oil in the shipping, refining, and power generation markets, announces that on 9 May 2014, Hemant Thanawala, the Company's Finance Director and his wife each transferred, at no consideration, 500,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") to their two adult children.

As a result Mr. Thanawala is now beneficially interested in 7,863,400 Ordinary Shares, representing 0.97 per cent. of the Company's issued ordinary share capital.

-ENDS-

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

Quadrise Fuels International Plc	[phone]
Ian Williams, Executive Chairman
Hemant Thanawala, Finance Director
Nominated Adviser
Smith & Williamson Corporate Finance Limited	[phone]
Dr Azhic Basirov
Ben Jeynes
Broker
Peel Hunt LLP	[phone]
Richard Crichton
Ross Allister
Alastair Rae
Public & Investor Relations
Pelham Bell Pottinger	[phone]
Philip Dennis
Rollo Crichton-Stuart

 

END

 

 

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