14 December 2012
Quadrise Fuels International PLC
("QFI", "Quadrise" or the "Company")
Result of AGM
Quadrise Fuels International PLC, the emerging supplier of MSAR®, a low cost alternative to heavy fuel oil in the shipping, refining, and power generation markets, announces that at its Annual General Meeting held earlier today, all resolutions proposed to the meeting were duly passed.
At the beginning of the Annual General Meeting the Chairman, Ian Williams, informed the meeting that the Board had decided to withdraw Resolution 6 (disapplication of pre-emption rights).
Following the meeting, a presentation was made on progress during 2012. A copy of the presenstation will be available on the Company's website.
-ENDS-
For further information, please refer to the Company's website at www.quadrisefuels.com or contact:
Ian Williams, Executive Chairman Hemant Thanawala, Finance Director Quadrise Fuels International Plc
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+44 (0)20 7031 7321
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Dr Azhic Basirov / Siobhan Sergeant Nominated Adviser Smith & Williamson Corporate Finance Limited
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+44 (0)20 7131 4000 |
Antonio Bossi / Petre Norton Broker Westhouse Securities Limited
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+ 44 (0)20 7601 6100 |
Philip Dennis / Nick Lambert / Rollo Crichton-Stuart Public & Investor Relations Pelham Bell Pottinger
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+44 (0)20 7861 3232 |