REG - Quadrise PLC - Directorate change

QuadriseAnnouncement

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RNS Number : 4686A  Quadrise PLC  15 April 2026

15 April 2026

Quadrise Plc
("Quadrise" or the "Company")

 

Directorate Change

 

Quadrise Plc (AIM: QED), the technology company focused on the decarbonisation
of shipping and heavy industry through deployment of low emission fuels and
biofuel, announces that further to the announcement on 19 March 2026, Laurie
Mutch has stepped down as a Director of the Company with immediate effect.

 

Laurie has also stepped down as Chairman of the Audit Committee and as a
member of the Remuneration and Nomination Committees. His responsibilities on
the Audit and Remuneration committees will be assumed by Michael Covington.

 

Laurie has served on the Board for 20 years, providing continuity, deep
corporate knowledge and independent oversight through multiple phases of the
Company's development. Following his resignation as a Director, he will assist
with transition and handover arrangements.

 

Andy Morrison, Chair of Quadrise, commented:

 

"On behalf of the Board, I would like to thank Laurie for his outstanding
contribution to Quadrise over the past two decades. His experience, judgement
and steadfast support have been invaluable as the Company has evolved from a
technology developer into a business approaching commercial scale‑up.
Laurie's guidance and commitment to strong governance have played a
significant role in shaping the Company we have today, and we are grateful for
his long‑standing service. The Board wishes him every success in the
future."

 

For further information please contact:

 

 Quadrise Plc                                        +44 (0)20 7031 7321
 Andy Morrison, Chairman

 Peter Borup, Chief Executive Officer

 Jason Miles, Chief Technology Officer

 Nominated Advisor                                   +44 (0)20 7220 0500

 Cavendish Capital Markets Limited

 Ben Jeynes

 George Lawson

 Joint Brokers

 Shore Capital Stockbrokers Limited                  +44 (0)20 7408 4090
 Toby Gibbs, Harry Davies-Ball (Corporate Advisory)
 Fiona Conroy (Corporate Broking)

 VSA Capital Limited                                 +44 (0)20 3005 5000

 Andrew Raca (Corporate Finance)

 Andrew Monk (Corporate Broking)

 Public & Investor Relations

 Tavistock Communications (Financial PR & IR)        +44 (0) 20 7920 3150

 Simon Hudson

 Nick Elwes

 Saskia Sizen

 

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