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Quadrise Plc Issues New Shares Following Employee Option Exercise

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Quadrise Plc Issues New Shares Following Employee Option Exercise

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

Quadrise Plc has announced the exercise of employee share options, resulting in the issuance of 4,314,249 new ordinary shares. These shares will be admitted to trading on AIM, increasing the company’s total ordinary share capital to 1,986,696,165 shares. This development may require shareholders to reassess their interests in the company under regulatory guidelines.

More about Quadrise Fuels International

Quadrise is a transition technology provider specializing in MSAR® and bioMSAR™ emulsion technology, fuels, and biofuels. The company offers innovative solutions aimed at reducing energy costs and greenhouse gas emissions for clients in the global power generation, shipping, industrial, and refining industries.

YTD Price Performance: -35.41%

Average Trading Volume: 9,455,890

Technical Sentiment Signal: Strong Sell

Current Market Cap: £96.15M

See more data about QED stock on TipRanks’ Stock Analysis page.

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