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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Quadrise Plc | LSE:QED | 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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.0075 | 0.48% | 1.5625 | 1.455 | 1.67 | 1.52 | 1.52 | 1.52 | 720,924 | 16:35:18 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 0 | -3.09M | -0.0021 | -7.24 | 22.72M |
TIDMQFI
RNS Number : 4791H
Quadrise Fuels International PLC
08 June 2017
8 June 2017
Quadrise Fuels International plc
("Quadrise", "QFI" or the "Company")
Update on Interim LONO
Quadrise Fuels International plc (AIM:QFI) announces an update on the provision of the Interim Letter of No Objection ("LONO") from Wärtsilä.
Further to the Company's announcement on 19 May 2017, Quadrise is pleased to report that it has now received confirmation that a draft interim LONO has been produced by Wärtsilä and that this is in the process of being reviewed by Maersk. Following the review by Maersk, the final interim LONO will be provided to QFI. The Company's current expectation is that it will receive the interim LONO in June 2017.
Mike Kirk, Executive Chairman, said:
"It is pleasing to be able to confirm that the Interim LONO has been received by Maersk and will be available to QFI following Maersk's review. We look forward to being able to update shareholders upon receipt and to using it to actively support our business development activities in the marine market."
This announcement is inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information, please refer to the Company's website at www.quadrisefuels.com or contact:
Quadrise Fuels International Plc +44 (0)20 7031 Mike Kirk, Executive Chairman 7321 Hemant Thanawala, Finance Director Nominated Adviser Smith & Williamson Corporate Finance Limited +44 (0)20 7131 Dr Azhic Basirov 4000 Ben Jeynes Katy Birkin Broker Peel Hunt LLP +44 (0)20 7418 Richard Crichton 8900 Ross Allister Chris Burrows Public & Investor Relations FTI Consulting +44 (0)20 3727 Ben Brewerton 1000 Sara Powell Notes to Editors QFI is the emerging supplier of MSAR(R) emulsion technology and fuel, enabling a low-cost alternative to heavy fuel oil (one of the world's largest fuels markets, comprising over 450 million tonnes per annum) in the global shipping, refining and power generation market
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCOKODKFBKDDAK
(END) Dow Jones Newswires
June 08, 2017 02:00 ET (06:00 GMT)
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