Quadrise Annual Report quadrisefuels.com 256345%20Quadrise%20Fuels%20-%20%28WEB%29.pdf 2.91 MB image.jpg1440x993 302 KB
Scrubbers still an option it seems Not the full article as I am not a subscriber. Lloyd's List Lloyd's List The latest news, insight and analysis on shipping. Scrubbers are tried, tested and still getting better Exhaust scrubbing technology already has a 60-year track record, and will become better yet, its enthusiasts insist • 04 Nov 2019 David Osler@finance_LL firstname.lastname@example.org ‘Current exhaust gas cleaning systems have proven themselves to be reliable, effective means of dramatically improving air emissions without impacting the marine environment,’ says DFDS’s Poul Woodall
Video Interview: Quadrise Fuels on a firm footing #qfi
14 different MOU’s etc In the last 2 years the QFI board has agreed no less than 14 different MOU’s , Co-Marketing, SA,RA,MOA something is going to happen…SOON 30-Nov-17 Memorandum of Understanding with Freepoint Commodities LLC 18-Jul-18 Extension of MOU with YTL PowerSeraya 30-Oct-18 MOU and MSAR® Test Programme with a European Oil Major 28-Nov-18 QRF testing imminently once samples have been delivered, during Q3 2019 20-May-19 Co-Marketing and Project Development Agreement with Freepoint 30-Nov-18 Services Agreement (“SA”) with Aleph Commodities Ltd KSA 26-Feb-19 Services Agreement (“SA”) update with Aleph Commodities Ltd KSA 13-Jun-19 Representation Agreement (“RA”) with Younes Maamar 06-Mar-19 Memorandum of Understanding (“MOU”) with Bitumina Industries Limited 27-Mar-19 Agency Agreement (the “Agreement”) with Hawazin Regional Trading Company 08-May-19 Memorandum of Understanding (“MOU”) with API POLY-GCL Alliance Limited 13-May-19 Memorandum of Agreement (“MOA”) with the Al Khafrah Holding Group 30-May-19 Agency agreement (the “Agreement”) with Laqua S.A. de C.V 11-Jun-19 Memorandum of Agreement (“MOA”) with a European oil refiner 12-Aug-19 Memorandum of Understanding (“MOU”) with Merlin Energy Resources Limited 14-Aug-19
Where is the 'substantial' news ?
General Meeting And more of the same today with another 6.998m shares traded with the XOFF code. So that is the whole of the overhang underwritten by Peel Hunt cleared imho and the final tranche at a price of 4.215, reported after the market closed. Meanwhile I have been mopping up PI sells and adding a few more to my ISA at below the open offer price this week. For some reason only my application for the stock I qualified for in my holdings account was successful so I had some catching up to do in my ISA. A big thank you to the sellers. Tot
General Meeting Some meaty trades here this afternoon, but I suspect that Peel Hunt are offloading surplus stock from the open offer to clients for a small premium, which is why they haven’t moved the share price much. Good to know that there are bulk buyers out there though, so any overhang should clear quickly imho. Tot
General Meeting This morning’s RNS to confirm open offer successfully away. 30 September 2019 Quadrise Fuels International plc (“Quadrise”, "QFI’’, the “Company” and together with its subsidiaries the “Group”) Result of Open Offer Quadrise Fuels International plc (AIM: QFI) announces the results of its Open Offer. The Open Offer to Qualifying Shareholders to raise approximately £1.8 million was announced by the Company on 9 September 2019 and closed for acceptances, in accordance with its terms, at 11.00 a.m. on 27 September 2019. The Company announces that it has received valid acceptances and excess applications from Qualifying Shareholders for a total of 34,809,165 Open Offer Shares under the Open Offer, representing a 74.8% take-up. With the Open Offer underwritten by Peel Hunt, Peel Hunt has subscribed, as principal, for 11,745,874Open Offer Shares. As a result, a total of 46,555,039 Open Offer Shares and 23,277,519 Open Offer Warrants will be issued in connection with the Open Offer. All valid applications for Qualifying Shareholders’ Open Offer Entitlements and Excess Share applications have been fulfilled in full. Mike Kirk, Executive Chairman of Quadrise, said: “We are delighted to have received a very enthusiastic response from Quadrise’s existing shareholders to the Open Offer. Having raised gross proceeds of £1.8 million from the Open Offer, in addition to funds raised pursuant to the Subscription and the Funding announced on 23 August 2019, Quadrise is now funded to build, in the medium-term, on the substantial progress made in business development activities during 2019.” Director Participation The Company confirms, as indicated in the circular dated 6 September 2019, that both of the Quadrise executive directors and two of Quadrise’s non-executive directors participated in the Open Offer, in respect of an aggregate of 610,587 Open Offer Shares - in the amounts set out below. Director Number of ordinary shares held prior to the Open Offer % of ordinary share capital prior to the Open Offer Open Offer Shares Number of ordinary shares held following issue of the Open Offer Shares % of ordinary share capital following the Open Offer Open Offer Warrants Mike Kirk 605,292(1) 0.07% 179,031 784,323(1) 0.08% 89,515 Jason Miles 3,580,633(2) 0.38% 179,031 3,759,664(3) 0.38% 89,515 Laurie Mutch 365,000 0.04% 126,263 491,263 0.05% 63,131 Philip Snaith 350,000 0.04% 126,262 476,262 0.05% 63,131 (1) held jointly with Mike Kirk’s wife. (2) including 1,473,542 ordinary shares held by Jason Miles’ wife. (3) Including 1,547,219 ordinary shares held by Jason Miles’ wife. The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details. Admission to Trading on AIM and Total Voting Rights Application has been made for the Open Offer Shares, which will rank pari passu with the Company’s issued ordinary shares, to be admitted to trading on AIM. It is expected that Admission will become effective and that dealings in the Open Offer Shares will commence at 8.00 a.m. on 1 October 2019. On Admission, the Company will have 995,756,506 Ordinary Shares in issue. No Ordinary Shares are held in treasury. The figure of 995,756,506 Ordinary Shares may be used by the Company’s shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. Capitalised terms used but not otherwise defined in this announcement bear the same meanings ascribed to them in the circular of the Company dated 9 September 2019. End
General Meeting Any words in the meeting on the August news about Merlin and the Oil major?
General Meeting Here’s the presentation from the General Meeting quadrisefuels.com QUADRISE%2027%20SEPTEMBER%20GENERAL%20MEETING%20V8%20-%20Website.pdf 999.80 KB
General Meeting Just back from the GM…To confirm everything passed so the company now has the money
ADVN Share Tip Article You also get warrants by participating, so that is real incentive to get involved and hold long interest in the company. See the OO doc for (further details)[[link] OFFER - SUBSCRIPTION AND GM CIRCULAR 09 09 19.pdf]. At any rate, I reiterate that money to the company is more valuable than money to the market.
ADVN Share Tip Article Looks like i have just missed it as 12.38pm when i have found time to look
ADVN Share Tip Article IMHO, giving cash to the company is more important than buying on the market (or, seen differently, taking shares from the broker, given it is underwriting the OO).
ADVN Share Tip Article QFI… XXXX Mail today no ratio !!! 1 warrant for every 2 subscribed for …valid for 36 months…@ 0.0748p. Midday 24th September to respond . ( D )