We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Quadrise Fuels International Plc | LSE:QFI | London | Ordinary Share | GB00B11DDB67 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.5175 | 1.49 | 1.545 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMQFI
RNS Number : 2659T
Quadrise Fuels International PLC
24 March 2016
24 March 2016
Quadrise Fuels International plc
("Quadrise", "QFI" or the "Company")
Issue of Options and Directors' Dealings
Quadrise, the emerging supplier of MSAR(R) , a low cost alternative to heavy fuel oil in the shipping, refining, and power generation markets, announces that on 22 March 2016 a total of 2,000,000 options to subscribe for new Ordinary shares of 1p each in the Company ("Ordinary Shares") were granted to two directors of the Company in accordance with the provisions of the Company's Share Option Scheme in the quantums laid out below (the "Options").
Following the grant of the Options, the Company has a total of 31,450,000 Ordinary Shares under option, representing approximately 3.88 per cent of the Company's issued ordinary share capital.
Director Number of Options granted Jason Miles 1,500,000 Hemant Thanawala 500,000
In accordance with the rules of the Company's Share Option Scheme, the Options are exerciseable at a price of 12.13 pence per Ordinary Share, being the highest of: a) the nominal value of the Ordinary Shares; b) 11.50 pence per Ordinary Share, being the average of the closing mid-market price per Ordinary Share for the 30 dealing days preceding the date of the grant; and c) 12.13 pence, being the closing mid-market price per Ordinary Share on 22 March 2016.
Options will vest in accordance with the Company's Share Option Scheme on a semi-annual pro rata basis over 24 months. Such vesting to be subject to continued employment and acceptable performance in the period preceding the vesting period.
For further information, please refer to the Company's website at www.quadrisefuels.com or contact:
Quadrise Fuels International Plc +44 (0)20 7031 Ian Williams, Executive Chairman 7321 Hemant Thanawala, Finance Director Jason Miles, Chief Operating Officer Nominated Adviser Smith & Williamson Corporate Finance Limited +44 (0)20 7131 Dr Azhic Basirov 4000 Ben Jeynes Broker Peel Hunt LLP +44 (0)20 7418 Richard Crichton 8900 Ross Allister Chris Burrows Public & Investor Relations Bell Pottinger Rollo Crichton-Stuart +44 (0)20 3772 2569 Greg Wood
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCJIMFTMBBTBTF
(END) Dow Jones Newswires
March 24, 2016 12:13 ET (16:13 GMT)
1 Year Quadrise Fuels Chart |
1 Month Quadrise Fuels Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions