viewQuadrise Fuels International PLC

Quadrise Fuels Intnl - Issue of Warrants

RNS Number : 0184O
Quadrise Fuels International PLC
27 September 2019

27 September 2019

Quadrise Fuels International plc

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

Issue of Warrants

The Company announces that, following the general meeting of the Company held on 27 September 2019, the Company has today issued 4,900,000 warrants to subscribe for new ordinary shares in the Company, at any point until 36 months from the date of issue, at a current exercise price of 5.78 pence per new ordinary share pursuant to, and on and subject to the terms and conditions set out in, a warrant instrument dated 27 September 2019, the details of which were announced by the Company on 23 August 2019.

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


Quadrise Fuels International Plc


Mike Kirk, Executive Chairman

+44 (0)20 7031 7321

Jason Miles, Chief Operating Officer




Nominated Adviser


Cenkos Securities plc


Dr Azhic Basirov

+44 (0)20 7397 8900

Ben Jeynes

Katy Birkin




Joint Brokers


Peel Hunt LLP


Richard Crichton

+44 (0)20 7418 8900

Ross Allister 




Shore Capital Stockbrokers Limited


Daniel Harris

Andy Crossley

+44 (0)20 7601 6108



Public & Investor Relations


FTI Consulting


Ben Brewerton

+44 (0)20 3727 1000

Ntobeko Chidavaenzi


Notes to Editors

QFI is the supplier of MSAR® emulsion technology and fuels, a low-cost alternative to heavy fuel oil (one of the world's largest fuel markets, comprising over 450 million tons per annum) in the global shipping, refining and steam and power generation industries.


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Quick facts: Quadrise Fuels International PLC

Price: 1.775

Market: LSE
Market Cap: £18.37 m

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