Extension of Open Offer Closing Date
Released : 07 Jan 2019 17:11
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IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL AND THE INFORMATION CONTAINED HEREIN IS NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF IRELAND, SOUTH AFRICA OR ANY JURISDICTION IN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 of Open | 4.30 p.m. on 14 January 2019 |
Offer Entitlements and Excess CREST Open Offer Entitlements | |
from CREST | |
Latest time for depositing Open Offer Entitlements and Excess | 3.00 p.m. on 15 January 2019 |
CREST Open Offer Entitlements into CREST | |
Latest time for splitting Application Forms (to satisfy bona fide | 3.00 p.m. on 16 January 2019 |
market claims only) | |
Latest time and date for receipt of completed Application Forms | 11.00 a.m. on 18 January 2019 |
and payment in full under the Open Offer and settlement of | |
relevant CREST instructions (as appropriate) | |
Expected date of announcement of the results of the Open Offer | 21 January 2019 |
Expected time and date Admission effective and dealings in | 22 January 2019 |
Open Offer Shares commence on AIM |
CREST accounts credited in respect of Open Offer Shares
22 January 2019
Share certificates dispatched for the Open Offer Shares by
29 January 2019
(1) References to mes in this document are to London me (unless otherwise stated).
(2) The dates and ming of the events in the above metable are indica ve only and may be subject to change at the absolute discre on of the Company. If any of the above mes or dates should change, the details of the revised mes and/or dates will be no fied to AIM and, where appropriate, to Shareholders.
For further information, please refer to the Company's website atwww.quadrisefuels.com, or contactir@quadrisefuels.com or phone:
Quadrise Fuels International Plc
Mike Kirk, Executive Chairman Jason Miles, Chief Operating Officer
+44 (0)20 7031 7321
Nominated Adviser
Cenkos Securities plc Dr Azhic Basirov
+44 (0)20 7397 8900
Ben Jeynes Katy Birkin
Joint Brokers Peel Hunt LLP Richard Crichton Ross Allister
+44 (0)20 7418 8900
Stockdale Securities Andy Crossley Daniel Harris
+44 (0)20 7601 6108
Public & Investor Relations FTI Consulting
Ben Brewerton Sara Powell
+44 (0)20 3727 1000
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Quadrise Fuels International plc published this content on 07 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 January 2019 17:28:03 UTC