# Quadrise Retail Offer raises £0.4 million - Link: https://www.directorstalkinterviews.com/quadrise-retail-offer-raises-0-4-million/4121256244 - Published: 2026-07-14T07:06:44+01:00 - Author: Ethan Davis **[Quadrise Plc](https://www.directorstalkinterviews.com/company/quadrise-plc/qed.l)**( LON:QED), the manufacturer of lower cost, lower emission, replacement fuels and biofuels for shipping and heavy industry, has announced that, further to the announcement made on 8 July 2026 regarding the proposed Retail Offer, the Retail Offer closed at 2.00 pm today. Following the closing of the Retail Offer, 40,365,341 Retail Offer Shares will be issued at 1.0 pence per Retail Offer Share in connection with the Retail Offer, raising gross proceeds of approximately £0.4 million. Accordingly, following the issue of the Placing Shares and Subscription Shares on 10 July 2026, a total of 120,000,000 new Ordinary Shares have been issued pursuant to the Placing and the Subscription, and a further 40,365,341 new Ordinary Shares will be conditionally issued pursuant to the Retail Offer, resulting in aggregate gross proceeds of approximately £1.6 million being raised for the Company. **Admission and dealings** Completion of the Retail Offer is conditional upon the Retail Offer Shares being admitted to trading on AIM operated by the London Stock Exchange. The Placing Shares and the Subscription Shares were admitted to trading on AIM on 10 July 2026, and an application will be made for the Retail Offer Shares to be admitted to trading on AIM. It is anticipated that Second Admission will become effective and that dealings in the Retail Offer Shares will commence on AIM at 8.00 a.m. on 16 July 2026 or such later time and/or date as Shore, VSA, Cavendish and the Company agree (being in any event no later than 8.00 a.m. on 10 August 2026). The Retail Offer Shares, when issued, will be credited as fully paid and will rank pari passu in all respects with the existing Ordinary Shares, including the right to receive all dividends and other distributions declared, made or paid after the date of issue. Unless otherwise defined herein, capitalised terms used in this announcement have the meanings given to them in the Retail Offer Launch Announcement. Share on: