REG - Quadrise PLC - Exercise of Warrants

QuadriseAnnouncement

23/05/2025 07:00

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RNS Number : 8648J  Quadrise PLC  23 May 2025

23 May 2025

 

Quadrise plc

("Quadrise", "QED" or the "Company")

 

Exercise of Warrants

 

 

Quadrise plc (AIM: QED), the energy transition technology company focused on
the decarbonisation of shipping and heavy industry through deployment of low
carbon fuels and biofuels, announces that it has received notification from
Younes Maamar (the "Consultant"), to exercise warrants over 3.6 million new
ordinary shares of 1 pence each in the capital of the Company ("Warrant
Shares") at the exercise price of 1.452p per Warrant Share, for an aggregate
cash value of £52,272.

 

Application has been made for admission of the Warrant Shares to trading on
AIM ("Admission"), and it is expected that Admission will occur on or
around 29 May 2025. The Warrant Shares will rank pari passu with the existing
Ordinary Shares of 1 pence each in the capital of the Company.

 

Total Voting Rights

 

Following Admission, the total issued share capital of the Company will
consist of 1,990,295,465 ordinary shares each with voting rights. The Company
does not hold any ordinary shares in treasury. Therefore, the total number of
voting rights in the Company will be 1,990,295,465 and this is the figure may
be used by shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or a change
in their interest in, the share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.

 

 

For further information please contact:

 

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

 Jason Miles, Chief Executive Officer

 Nominated Adviser

 Cavendish Capital Markets Limited                       +44 (0)20 7220 0500
 Ben Jeynes
 Katy Birkin

 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

 Ruairi Millar

  BLUE Communications Limited (Marine & Trade PR)

  Rhys Thomas                                            +44 (0)7595 227750

  Sam Deacon                                             +44 (0)7527 558846

 

About Quadrise

Quadrise is the supplier of MSAR® and bioMSAR™ emulsion technology, fuels
and biofuels, providing innovative solutions to lower energy costs, pollution
and greenhouse gas emissions today for the global power generation, shipping,
industrial and oil industries.

Learn more at: www.quadrise.com (http://www.quadrise.com/)

 

Follow us on social media:

LinkedIn: @Quadrise Plc
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X: @QuadrisePlc
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