Quadrise extends Representation Agreement with Consultant

Quadrise Plc (LON:QED), the supplier of innovative energy solutions for a cleaner planet, announces that it has signed an addendum to the Representation Agreement between Quadrise and Younes Maamar, that was originally announced by the Company on 6 March 2019.

The Agreement, which covers high-level representation services to Quadrise in Morocco, originally provided for the award of a total of 13 million warrants, all of which have expired. Under the new Addendum, the term of the Agreement has been extended to 30 June 2025 and the Consultant will be awarded up to a total of 15.6 million warrants over new ordinary shares in the Company, conditional upon certain key milestones being achieved.

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