REG - Quadrise PLC - Director/PDMR Shareholding and Directorate Change

QuadriseAnnouncement

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RNS Number : 2487O  Quadrise PLC  09 January 2026

9 January 2026

 

Quadrise plc

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

 

Director/PDMR Shareholding

 

Directorate Change

 

The Company was notified on 7 January 2026 that Dilip Shah, non-executive
director of the Company, sold 1,000,000 ordinary shares of 1 pence each in the
capital of the Company ("Ordinary Shares") on 17 January 2025 at a price of
6.55 pence per Ordinary Share.

 

The Company was also notified on 7 January 2026 that, notwithstanding
information provided prior to the Company's announcement of 4 December 2025
(the "Announcement"), Mr. Shah was transferred 35,000,000 Ordinary Shares by
Phibatec Limited on 19 August 2024 - and not 34,160,000 Ordinary Shares as
notified in the Announcement.

 

As a result of the above transactions, Dilip Shah's interest in the Company's
Ordinary Shares notified in the Announcement was incorrect.

 

The Company is seeking confirmation that no further transactions by Mr. Shah
have taken place, but based on information presently available to it
understands that Dilip Shah is currently interested in 34,330,000 Ordinary
Shares, representing approximately 1.7 per cent. of the Company's issued
ordinary share capital.

 

As a result of the late notifications of dealings in Ordinary Shares on 19
August 2024 and 17 January 2025 which occurred in contravention of the
Company's Share Dealing Code, Dilip Shah has stepped down from the Board of
the Company with immediate effect.

 

The notifications below, made in accordance with the UK Market Abuse
Regulation, provide further details.

 

 

For further information please contact:

 

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

 Peter Borup, Chief Executive Officer

 Nominated Adviser

 Cavendish Capital Markets Limited                       +44 (0)20 7220 0500
 Ben Jeynes
 George Lawson

 Joint Brokers

 Shore Capital Stockbrokers Limited                      +44 (0)20 7408 4090
 Toby Gibbs (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

  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
(https://url.avanan.click/v2/___https:/uk.linkedin.com/company/quadrise-international-ltd___.YXAxZTpzaG9yZWNhcDphOm86YzA0NmU2YmUyODVhZGE2Zjk4OWY3M2UwZmJjM2YwMWM6Njo3NjdjOjhhYzQ1NzFmN2ZlMjI3OWQ5YjBjNjBhZGEzZTkwMjlhZjUzOWIzMmE0N2EyOTlkZjQxOTlhOGM2Yjg5MDhkYTE6cDpGOk4)

X: @QuadrisePlc
(https://url.avanan.click/v2/___https:/x.com/QuadrisePlc___.YXAxZTpzaG9yZWNhcDphOm86YzA0NmU2YmUyODVhZGE2Zjk4OWY3M2UwZmJjM2YwMWM6NjphMzJiOjlkNjA5MmRmNjg2OTQxNWE4ZDFhYWIxOWRiZjk5MDAxMjc4Njg0Mjg3YjllZWEwMWQ4OTg2ZmE2ZDdiOTY1ODc6cDpGOk4)

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                                            Dilip Shah

 2   Reason for notification
 a)  Position/Status                                                                 Non-Executive Director

     Initial notification/amendment                                                  Amendment

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                                            Quadrise plc

 b)  LEI                                                                             213800HN2ETG5476U328

 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted

 a)  Description of the financial instrument, type of instrument and identification  Ordinary shares of 1 pence each
     code

                                                                                     ISIN: GB00B11DDB67

 b)  Nature of transaction                                                           Transfer of Ordinary Shares

 c)  Price(s) and volume(s)                                                           Price(s)   Volume(s)
                                                                                     Nil         35,000,000
 d)  Aggregated information                                                          n/a

 e)  Date of transaction                                                             19 August 2024

 f)  Place of transaction                                                            Outside of a trading venue

d)

Aggregated information

n/a

 

 

e)

Date of transaction

19 August 2024

 

f)

Place of transaction

Outside of a trading venue

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                                            Dilip Shah

 2   Reason for notification
 a)  Position/Status                                                                 Non-Executive Director

     Initial notification/amendment                                                  Initial notification

 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                                            Quadrise plc

 b)  LEI                                                                             213800HN2ETG5476U328

 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted

 a)  Description of the financial instrument, type of instrument and identification  Ordinary shares of 1 pence each
     code

                                                                                     ISIN: GB00B11DDB67

 b)  Nature of transaction                                                           Sale of Ordinary Shares

 c)  Price(s) and volume(s)                                                           Price(s)   Volume(s)
                                                                                     6.55 pence  1,000,000
 d)  Aggregated information                                                          n/a

 e)  Date of transaction                                                             17 January 2025

 f)  Place of transaction                                                            AIMX

d)

Aggregated information

n/a

 

 

e)

Date of transaction

17 January 2025

 

f)

Place of transaction

AIMX

 

 

 

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