REG - Quadrise PLC - Morocco Project Update

QuadriseAnnouncement

12/09/2023 07:00

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RNS Number : 0716M  Quadrise PLC  12 September 2023

12 September 2023

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

Morocco Project Update

Quadrise Plc (AIM: QED), the supplier of innovative energy solutions for a
cleaner planet, provides an update on its fuel trial in Morocco.

Following the earthquake in Morocco on Friday evening, the Quadrise team would
like to extend their sympathies to all of those affected.

The Company remains in close touch with the client and notes that the client
team and operations at the fuel trial site were not impacted by the
earthquake. The Company continues to monitor the situation closely.

A Quadrise team is now on site installing and commissioning the replacement
pump. The trial will re-commence at the next available client production
window now estimated to be early October 2023.

Change of Name of Nominated Adviser

The Company also announces that its Nominated Adviser has changed its name to
Cavendish Securities plc following the completion of its own corporate merger.

For additional information, please contact:

 

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

 Jason Miles, Chief Executive Officer

 Nominated Adviser
 Cavendish Securities plc                                 +44 (0)20 7220 0500
 Ben Jeynes
 Katy Birkin
 Joint Brokers

 Shore Capital Stockbrokers Limited

                                                          +44 (0)20 7408 4090
 Toby Gibbs, Rachel Goldstein (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
 Vigo Consulting                                          +44 (0)20 7390 0230

 Patrick D'Ancona

 Finlay Thomson

 

About Quadrise

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

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

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR") and is disclosed
in accordance with the Company's obligations under Article 17 of MAR.

 

 

 

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