Business
Director/PDMR Shareholding and Directorate Change
Quadrise PLC announced that non-executive director Dilip Shah has stepped down from the board with immediate effect due to late notifications of share dealings. Mr. Shah sold 1,000,000 ordinary shares at 6.55 pence per share on January 17, 2025, and was transferred 35,000,000 ordinary shares on August 19, 2024, not the previously notified 34,160,000. Following these transactions, Mr. Shah's current interest in the company is 34,330,000 ordinary shares, representing approximately 1.7% of the issued share capital. These dealings occurred in contravention of the company's Share Dealing Code. Disclaimer*
About this update from Quadrise Plc
[{"type":"text","content":"\n\n9 January 2026\n \nQuadrise plc\n(\"Quadrise\", \"QED\" or the \"Company\")\n \nDirector/PDMR Shareholding\n \nDirectorate Change\n \nThe Company was notified on 7 January 2026 that Dilip Shah, non-executive director of the Company, sold 1,000,000 ordinary shares of 1 pence each in the capital of the Company (\"Ordinary Shares\") on 17 January 2025 at a price of 6.55 pence per Ordinary Share.\n \nThe Company was also notified on 7 January 2026 that, notwithstanding information provided prior to the Company's announcement of 4 December 2025 (the \"Announcement\"), Mr. Shah was transferred 35,000,000 Ordinary Shares by Phibatec Limited on 19 August 2024 - and not 34,160,000 Ordinary Shares as notified in the Announcement.\n \nAs a result of the above transactions, Dilip Shah's interest in the Company's Ordinary Shares notified in the Announcement was incorrect.\n \nThe Company is seeking confirmation that no further transactions by Mr. Shah have taken place, but based on information presently available to it understands that Dilip Shah is currently interested in 34,330,000 Ordinary Shares, representing approximately 1.7 per cent. of the Company's issued ordinary share capital.\n \nAs a result of the late notifications of dealings in Ordinary Shares on 19 August 2024 and 17 January 2025 which occurred in contravention of the Company's Share Dealing Code, Dilip Shah has stepped down from the Board of the Company with immediate effect.\n \nThe notifications below, made in accordance with the UK Market Abuse Regulation, provide further details.\n\n\n \n \nFor further information please contact:\n \n\n\n\n\nQuadrise Plc\n\n\n+44 (0)20 7031 7321\n\n\n\n\nAndy Morrison, Chairman\nPeter Borup, Chief Executive Officer\n \n\n\n\n\n\n\n\n \nNominated Adviser\nCavendish Capital Markets Limited\n\n\n \n \n+44 (0)20 7220 0500\n\n\n\n\nBen Jeynes\n\n\n\n\n\n\n\nGeorge Lawson\n\n\n\n\n\n\n\n \nJoint Brokers\nShore Capital Stockbrokers Limited\n\n\n \n \n+44 (0)20 7408 4090\n\n\n\n\nToby Gibbs (Corporate Advisory)\n\n\n\n\n\n\n\nFiona Conroy (Corporate Broking)\n \nVSA Capital Limited\nAndrew Raca (Corporate Finance)\nAndrew Monk (Corporate Broking)\n \n\n\n \n &nbs...