Quadrise Fuels Intnl - Appointment of New Auditors
Appointment of New Auditors
The Board of
A formal tender process, managed by the Audit Committee, commenced in
Accordingly, Crowe has deposited with the Company a statement of the circumstances connected with its ceasing to hold office confirming that there are no matters that need to be brought to the attention of members or creditors of the Company for the purposes of Section 519 of the Companies Act 2006.
"We are delighted that we received such a positive response to the formal tender process and to see such a high level of interest and engagement from four leading auditors. Ultimately, we are delighted to have appointed BDO, who demonstrated their leading position as auditors to AIM companies and a particularly strong presence in the natural resources, oil refining and shipping sectors. We know that BDO will be able to get up to speed rapidly and that their strong global network will be important in enabling us to plan for the future development of the business to support commercial operations.
I would also like to thank Crowe for their service to the Company over the last 10 years."
For additional information, please contact:
Mike Kirk, Executive Chairman
Jason Miles, Chief Operating Officer
Dr Azhic Basirov
Shore Capital Stockbrokers Limited +44 (0)20 7408 4090
Public and Investor Relations
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 the release of this announcement. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
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Market Cap: £15.99 m
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