Director/PDMR Shareholding

RNS Number : 1143T

Quadrise Fuels International PLC

24 March 2016

 

24 March 2016 

Quadrise Fuels International plc
("Quadrise", "QFI'' or the "Company")

Director/PDMR Shareholding

Quadrise Fuels International plc (AIM: QFI), the emerging supplier of MSAR^®, a low cost alternative to heavy fuel oil in the shipping, refining and power generation markets, announces that Michael Ian Duckels, an independent non-executive director of the Company, informed the Company yesterday that he and his spouse each purchased 112,593 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 12.13p pence per Ordinary Share (225,186 Ordinary Shares in aggregate) into their ISA accounts on 22 March 2016 and simultaneously disposed of 164,880 Ordinary Shares, jointly held, at the same price.

Following these transactions, Michael Ian Duckels is interested in 3,877,766 Ordinary Shares, representing 0.48 per cent. of the Company's issued ordinary share capital.

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
Jason Miles, Chief Operating Officer
Nominated Adviser
Smith & Williamson Corporate Finance Limited
Dr Azhic Basirov	[phone]
Ben Jeynes
Broker
Peel Hunt LLP
Richard Crichton	[phone]
Ross Allister
Chris Burrows

Public & Investor Relations
Bell Pottinger
Rollo Crichton-Stuart	[phone]
Greg Wood

 

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