-Viridor becomes controlling shareholder ofQuantafuel -Viridor increased the loan facility toQuantafuel fromNOK 250,000,000 toNOK 1,000,000,000 - ReSource,Denmark's largest plastic sorting facility, is on track - The Skive plant prioritises testing of key design solutions During this quarter, the integration and collaboration with our majority shareholder,Viridor , has been given high focus.Quantafuel andViridor are aligning strengths and visions, laying the groundwork for a combination of expertise that makes progress in chemical recycling. An Extraordinary General Meeting was convened in May, 2023 whereViridor's influence was underscored, as it took the reins and a new Board of Directors was elected. The Board of Directors now includesKevin Michael Bradshaw , CEO ofViridor , as the Chairman of the Board, andOmar Shafi Khan , CFO ofViridor , as a second board member.Quantafuel's Anette Knoph Lerø andRene Ortiz Garcia are the board's employee representatives. At the subsequentBoard of Director meeting Terje U. Eiken was appointed as CEO. For further queries, please contact: Terje U. Eiken, CEO +47 93018040Christian Bekkevold Nilsen , CFO + 47 90277833 AboutQuantafuel | https://quantafuel.comQuantafuel is a technology-based energy company converting waste plastics back into low-carbon synthetic oil products replacing virgin oil products.Quantafuel is establishing, operating and owning dedicated plastic-to-liquid (PtL) plants and plans to establish several plants throughoutEurope and beyond. This information is considered to be inside information pursuant to the EU Market Abuse Regulation, and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
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