Directorate Change

RNS Number : 5208G

Quadrise Fuels International PLC

23 November 2015

 

23 November 2015

Quadrise Fuels International plc

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

Appointment of Mr Michael Kirk as a Director

Quadrise Fuels International plc (AIM: QFI) is the emerging manufacturer and supplier of MSAR® emulsion fuels, a low cost alternative to heavy fuel oil (one of the world's largest fuel markets utilising over 450 million tons per annum) in the global shipping, refining and steam and power generation markets.

Quadrise is pleased to announce the appointment of Mike Kirk as a non-executive director of the Company with effect from 1 December 2015.

Mike Kirk was previously managing director of Weber Shandwick Square Mile, a financial communications consultancy until July 2005. He joined Weber Shandwick from Cazenove, the UK investment bank, where he worked in the corporate finance department for more than 13 years, four of those as a partner of the firm. Whilst at Cazenove, Mr. Kirk advised companies on a wide range of corporate issues including the demerger of Centrica plc from British Gas plc, the Lattice plc demerger from BG plc and the UK listings of John Wood Group plc and KBC Advanced Technologies plc. His early experience was in the energy and insurance sectors, having started his career at British Nuclear Fuels. Mr. Kirk was also formerly a member of the Primary Markets Group of the London Stock Exchange. An engineer by profession, Mr. Kirk has an MBA (Finance), a BSc (Hons) Chemical Engineering degree and an MSc in Nuclear Fuel Technology.

Mike is currently non-executive chairman of First Wessex Housing Association and non-executive chairman of Portsmouth Water. Mr. Kirk was previously a non-executive director of both KBC Advanced Technologies plc and KSK Power Ventur plc.

Commenting, Ian Williams, Executive Chairman of QFI, said:

"Demonstrating that Quadrise Fuels can attract the very best of talent, we are delighted that Mike has agreed to join us. He will bring to the Quadrise board a unique blend of experience in both finance and technical businesses that he has helped to nurture and grow during complex corporate change. Expanding the board with someone of Mike's quality, at this time, as the business transitions to operations and revenue is invaluable and we look forward to welcoming him and the guidance that he will bring."

For additional information, please contact:

Quadrise Fuels International plc    Ian Williams Hemant Thanawala Jason Miles	[phone]
Smith & Williamson Corporate Finance Limited   Dr Azhic Basirov Ben Jeynes	[phone]
Peel Hunt LLP Richard Crichton         Matthew Armitt Ross Allister	[phone]
Bell Pottinger                                                Rollo Crichton‐Stuart	[phone]

Additional Information

In addition to his appointment as a director of the Company, Mike Kirk holds, or has held within the last five years, the following directorships and partnerships:

Name	Current Directorships/Partnerships	Past Directorships/Partnerships within the last five year
Michael Peter Kirk, aged 55	Portsmouth Water Limited	KBC Advanced Technologies plc
	First Wessex Housing Association	KBC Environmental Limited
	The Conservation Volunteers	The Thackray Medical Museum Company Limited
		Mike Kirk Photography Limited
		Trust for Urban Ecology Limited

 

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