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Quadrise Director Resigns After Breach of Share Dealing Code

Story Highlights
  • Quadrise director Dilip Shah resigned after late share dealing disclosures breached the firm’s Share Dealing Code.
  • Quadrise corrected Shah’s shareholdings, confirming transfers and a sale that leave him with about 1.7% of the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Quadrise Director Resigns After Breach of Share Dealing Code

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The latest announcement is out from Quadrise Fuels International ( (GB:QED) ).

Quadrise has announced that non-executive director Dilip Shah has stepped down from the board with immediate effect following late notifications of share dealings that breached the company’s Share Dealing Code. The company has corrected earlier disclosures, confirming that Shah received 35 million shares via transfer in August 2024 rather than the previously reported 34.16 million, and that he sold 1 million shares in January 2025 at 6.55 pence each, leaving him with an interest in about 34.33 million shares, or roughly 1.7% of Quadrise’s issued ordinary share capital, subject to final confirmation of no further transactions.

The most recent analyst rating on (GB:QED) stock is a Hold with a £2.50 price target. To see the full list of analyst forecasts on Quadrise Fuels International stock, see the GB:QED Stock Forecast page.

Spark’s Take on GB:QED Stock

According to Spark, TipRanks’ AI Analyst, GB:QED is a Neutral.

The score is primarily held back by persistent losses and rising recent free-cash-flow burn despite minimal revenue, partially offset by a low-leverage balance sheet that reduces near-term solvency risk. Technicals also point to a continuing downtrend, while valuation is constrained by negative earnings and no dividend support.

To see Spark’s full report on GB:QED stock, click here.

More about Quadrise Fuels International

Quadrise plc is a specialist energy technology company that supplies MSAR® and bioMSAR™ emulsion fuel technologies and related fuels and biofuels. Its products aim to reduce energy costs, pollution and greenhouse gas emissions for customers in global power generation, shipping, industrial and oil sectors.

Average Trading Volume: 2,960,095

Technical Sentiment Signal: Sell

Current Market Cap: £56.27M

For detailed information about QED stock, go to TipRanks’ Stock Analysis page.

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