Director/PDMR Shareholding

RNS Number : 4574T

Quadrise Fuels International PLC

19 November 2013

 



19 November 2013

Quadrise Fuels International Plc

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

Director's Dealing

Quadrise Fuels International PLC, the emerging manufacturer and supplier of MSAR^®, a low cost alternative to heavy fuel oil in the shipping, refining, and power generation markets, announces that, Raksha Thanawala, the wife of Hemant Thanawala, Finance Director, today sold 500,000 ordinary shares in the Company ("Ordinary Shares") at a price of 30.4p per share.  Following this transaction, Mr Thanawala's aggregate beneficial interest in the Company (together with his connected parties) amounts to 8,863,400 Ordinary Shares equivalent to 1.15 per cent. of the issued share capital.

-ENDS-

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

Quadrise Fuels International Plc
Ian Williams, Executive Chairman	[phone]
Hemant Thanawala, Finance Director
Nominated Adviser
Smith & Williamson Corporate Finance Limited
Dr Azhic Basirov	[phone]
Siobhan Sergeant
Broker
Peel Hunt LLP
Richard Crichton	[phone]
Matthew Armitt
Ross Allister
Public & Investor Relations
Pelham Bell Pottinger
Philip Denis	[phone]
Rollo Crichton-Stuart

 

END

 

 

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