Result of General Meeting

RNS Number : 0018O

Quadrise Fuels International PLC

27 September 2019

 

27 September 2019

Quadrise Fuels International plc

("Quadrise", "QFI'')

Result of General Meeting

Quadrise Fuels International plc (AIM: QFI) is pleased to announce that both of the Resolutions proposed at the General Meeting of the Company held earlier today were duly passed.

As a result, the Open Offer and Subscription announced by the Company on 9 September 2019 will proceed. The results of the Open Offer are expected to be announced on 30 September 2019.

Both of the Resolutions proposed at the General Meeting were voted on by way of a show of hands. Resolution 1 was passed as an ordinary resolution and Resolution 2 was passed as a special resolution. The results of the votes incorporating proxy votes lodged in advance of the meeting are set out below.

Capitalised terms used but not otherwise defined in this announcement bear the same meanings ascribed to them in the circular of the Company dated 9 September 2019.

Resolution		Votes for	%	Votes against	%	Total votes cast	Votes withheld
1.	To authorise the directors to allot shares pursuant to section 551 of the Companies Act 2006	260,820,220	99.89	279,781	0.11	261,100,001	5,665,593
2.	To disapply section 561 Companies Act 2006	260,751,549	99.88	326,178	0.12	261,077,727	5,687,867

Notes:

1.      Any proxy appointments which gave discretion to the chairman of the meeting have been included in the 'Votes for' total.

2.      A vote withheld is not a vote in law and is not counted in the calculation of the proportion of "Votes for" and "Votes against" a Resolution, nor in the calculation of "Total votes cast" for any Resolution.  

3.      The issued share capital of the Company as at the date of the General Meeting was 931,100,784 ordinary shares.

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

Quadrise Fuels International Plc
Mike Kirk, Executive Chairman	[phone]
Jason Miles, Chief Operating Officer
Nominated Adviser
Cenkos Securities plc
Dr Azhic Basirov	[phone]
Ben Jeynes
Katy Birkin
Joint Broker
Peel Hunt LLP
Richard Crichton	[phone]
David McKeown
Joint Broker
Shore Capital Stockbrokers Limited	[phone]
Andy Crossley
Daniel Harris
Public & Investor Relations
FTI Consulting
Ben Brewerton	[phone]
Ntobeko Chidavaenzi

 

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