Quadrise Fuels International PLC Extension of Open Offer Closing Date (4289M)
January 07 2019 - 11:11AM
UK Regulatory
TIDMQFI
RNS Number : 4289M
Quadrise Fuels International PLC
07 January 2019
NEITHER THIS ANNOUNCEMENT NOR ANY PART OF IT CONSTITUTES AN
OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY,
SUBSCRIBE OR ACQUIRE ANY SECURITIES IN ANY JURISDICTION IN WHICH
ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL AND THE
INFORMATION CONTAINED HEREIN IS NOT FOR PUBLICATION OR
DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES,
AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF IRELAND, SOUTH AFRICA OR
ANY JURISDICTION IN WHICH SUCH PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL.
The information communicated within this announcement WAS deemed
to constitute inside information as stipulated under the Market
Abuse Regulations (EU) No. 596/2014 PRIOR TO ITS PUBLICATION. Upon
the publication of this announcement, this inside information is
now considered to be in the public domain.
7 January 2019
Quadrise Fuels International plc
("Quadrise", "QFI", the "Company" and together with its
subsidiaries the "Group")
Extension of Open Offer Closing Date
Further to the Company's announcement of 7 December 2018,
Quadrise announces that it will extend the latest time and date for
receipt of completed Application Forms and payment in full under
the Open Offer, or settlement of the relevant CREST instructions
(as appropriate) from 11.00 a.m. on 11 January 2019 to 11.00 a.m.
on 18 January 2019 in order to give Qualifying Shareholders who
have not yet applied for Open Offer Shares the opportunity to do
so.
The decision by the Company to extend the Open Offer follows an
indication from a significant shareholder that additional time will
be required for the shareholder to submit a completed Application
Form and payment in full under the Open Offer, or settlement of the
relevant CREST instructions (as appropriate).
The revised timetable of principal events is detailed below. The
change in timetable does not impact applications already made,
which continue to have effect and remain binding. Existing
Application Forms can be used in accordance with the revised
timetable set out below.
Capitalised terms in this announcement are as defined in the
circular posted to shareholders on 7 December 2018.
REVISED EXPECTED TIMETABLE OF PRINCIPAL EVENTS
Recommended latest time for requesting withdrawal 4.30 p.m. on 14 January
of Open Offer Entitlements and Excess CREST 2019
Open Offer Entitlements from CREST
Latest time for depositing Open Offer Entitlements 3.00 p.m. on 15 January
and Excess CREST Open Offer Entitlements 2019
into CREST
Latest time for splitting Application Forms 3.00 p.m. on 16 January
(to satisfy bona fide market claims only) 2019
Latest time and date for receipt of completed 11.00 a.m. on 18 January
Application Forms and payment in full under 2019
the Open Offer and settlement of relevant
CREST instructions (as appropriate)
Expected date of announcement of the results 21 January 2019
of the Open Offer
Expected time and date Admission effective 22 January 2019
and dealings in Open Offer Shares commence
on AIM
CREST accounts credited in respect of Open 22 January 2019
Offer Shares
Share certificates dispatched for the Open 29 January 2019
Offer Shares by
(1) References to times in this document are to London time (unless otherwise stated).
(2) The dates and timing of the events in the above timetable
are indicative only and may be subject to change at the absolute
discretion of the Company. If any of the above times or dates
should change, the details of the revised times and/or dates will
be notified to AIM and, where appropriate, to Shareholders.
For further information, please refer to the Company's website
at www.quadrisefuels.com, or contact ir@quadrisefuels.com or
phone:
Quadrise Fuels International Plc
Mike Kirk, Executive Chairman +44 (0)20 7031 7321
Jason Miles, Chief Operating Officer
Nominated Adviser
Cenkos Securities plc
Dr Azhic Basirov +44 (0)20 7397 8900
Ben Jeynes
Katy Birkin
Joint Brokers
Peel Hunt LLP
Richard Crichton +44 (0)20 7418 8900
Ross Allister
Stockdale Securities
Andy Crossley
Daniel Harris +44 (0)20 7601 6108
Public & Investor Relations
FTI Consulting
Ben Brewerton +44 (0)20 3727 1000
Sara Powell
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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