Business
Issue of Warrants
Issue of Warrants.
About this update from Quadrise Plc
[{"type":"text","content":"\n \n \n 16 June 2022\n \n \n \n \n \n Quadrise Fuels International plc\n \n \n (\"Quadrise,\" \"QFI\" or the \"Company\")\n \n \n \n \n \n \n Issue of Warrants\n \n \n \n \n \n \n \n \n On 13 June 2022, the Company announced that it had signed a new\n Material Transfer & Cooperation Agreement (the \"Agreement\") with its client in\n Morocco. \n \n \n \n \n \n As a result, and pursuant to the Morocco Representation Agreement (as amended) between the Company and Younes Maamar (the \"Consultant\"), the Company has now issued 3 million warrants to subscribe for new ordinary shares in the Company to the Consultant (the \"Warrants\"). The Warrants are exercisable at any time until 5 March 2023 at a price of 1.797 pence per new ordinary share. \n \n \n \n \n \n \n For further information, please refer to the Company's website at\n \n \n www.quadrisefuels.com\n \n \n \n or contact:\n \n \n \n \n \n \n \n \n \n \n Quadrise Fuels International Plc\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Andy Morrison, Chairman\n \n \n Jason Miles, Chief Executive Officer\n \n \n \n \n +44 (0)20 7031 7321\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Nominated Adviser\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Cenkos Securities plc\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Ben Jeynes\n \n \n \n \n +44 (0)20 7397 8900\n \n \n \n \n \n \n Katy Birkin\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Broker\n \n \n \n \n Shore Capital Stockbrokers Limited\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Toby Gibbs\n \n \n \n \n +44 (0)20 7408 4090\n \n \n \n \n \n \n Fiona Conroy\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Public & Investor Relations\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vigo Consulting\n \n \n \n Patrick D'Ancona\n \n \n Charlie Neish\n \n \n \n \n +44 (0)20 7390 0230\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Notes to Editors\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Quadrise is the supplier of MSAR® and bioMSAR™ emulsion technology and fuels, providing innovative lower cost and lower carbon alternatives to fuel oil and biofuels in the global power generation, shipping, industrial and refining industries.\n \n \n \n \n \n ","length":10152,"tagName":"div"}]