Quadrise Fuels International PLC Update on Interim LONO (4791H)
08 June 2017 - 4:00PM
UK Regulatory
TIDMQFI
RNS Number : 4791H
Quadrise Fuels International PLC
08 June 2017
8 June 2017
Quadrise Fuels International plc
("Quadrise", "QFI" or the "Company")
Update on Interim LONO
Quadrise Fuels International plc (AIM:QFI) announces an update
on the provision of the Interim Letter of No Objection ("LONO")
from Wärtsilä.
Further to the Company's announcement on 19 May 2017, Quadrise
is pleased to report that it has now received confirmation that a
draft interim LONO has been produced by Wärtsilä and that this is
in the process of being reviewed by Maersk. Following the review by
Maersk, the final interim LONO will be provided to QFI. The
Company's current expectation is that it will receive the interim
LONO in June 2017.
Mike Kirk, Executive Chairman, said:
"It is pleasing to be able to confirm that the Interim LONO has
been received by Maersk and will be available to QFI following
Maersk's review. We look forward to being able to update
shareholders upon receipt and to using it to actively support our
business development activities in the marine market."
This announcement is inside information for the purposes of
Article 7 of EU Regulation 596/2014.
For further information, please refer to the Company's website
at www.quadrisefuels.com or contact:
Quadrise Fuels International Plc
+44 (0)20 7031
Mike Kirk, Executive Chairman 7321
Hemant Thanawala, Finance Director
Nominated Adviser
Smith & Williamson Corporate Finance
Limited
+44 (0)20 7131
Dr Azhic Basirov 4000
Ben Jeynes
Katy Birkin
Broker
Peel Hunt LLP
+44 (0)20 7418
Richard Crichton 8900
Ross Allister
Chris Burrows
Public & Investor Relations
FTI Consulting
+44 (0)20 3727
Ben Brewerton 1000
Sara Powell
Notes to Editors
QFI is the emerging supplier of MSAR(R) emulsion
technology and fuel, enabling a low-cost alternative
to heavy fuel oil (one of the world's largest
fuels markets, comprising over 450 million tonnes
per annum) in the global shipping, refining and
power generation market
This information is provided by RNS
The company news service from the London Stock Exchange
END
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