Quadrise PLC Morocco Update (5232D)

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RNS Number : 5232D

Quadrise PLC

22 June 2023

Quadrise Plc

("Quadrise" or the "Company")

Morocco Update

Quadrise Plc (AIM:QED), the supplier of innovative energy solutions for a cleaner planet, provides an update on its fuel trial in Morocco following the announcement on 22 May 2023.

The previous demonstration test at the client's site in Morocco was paused after a mechanical component in the fuel delivery system failed progressively. The parties agreed to resume the trial once replacement parts could be sourced.

Quadrise is pleased to announce that the necessary parts and spares have been delivered to Morocco. Our personnel have installed the parts, re-tested the fuel delivery system and are ready to recommence the trial at the next available opportunity.

For additional information, please contact:

 
Quadrise Plc                                 +44 (0)20 7031 7321 
Andy Morrison, Chairman 
 Jason Miles, Chief Executive Officer 
 
Nominated Adviser 
Cenkos Securities plc                        +44 (0)20 7397 8900 
Ben Jeynes 
Katy Birkin 
 
Joint Brokers 
 Shore Capital Stockbrokers Limited          +44 (0)20 7408 4090 
Toby Gibbs, Rachel Goldstein (Corporate 
 Advisory) 
Fiona Conroy (Corporate Broking) 
 
VSA Capital Limited 
 Andrew Raca (Corporate Finance) 
 Andrew Monk (Corporate broking)             +44 (0)20 3005 5000 
 
Public & Investor Relations 
Vigo Consulting 
 Patrick D'Ancona 
 Charlie Neish                               +44 (0)20 7390 0230

About Quadrise

Quadrise is the supplier of MSAR(R) and bioMSAR(TM) emulsion technology, fuels and biofuels, providing innovative solutions to reduce energy costs and greenhouse gas emissions today for clients in the global power generation, shipping, industrial and refining industries.

   Learn more at:   www.quadrise.com

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June 22, 2023 02:00 ET (06:00 GMT)

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