Allotment of Shares/Director Dealing

RNS Number : 3327S

Randall & Quilter Inv Hldgs Ltd

16 March 2021

 

16 March 2021

Randall & Quilter Investment Holdings Ltd.

("the "Company")

Allotment of Shares/Director Dealing

In accordance with the contractual arrangements relating to Tom Solomon's annual bonus, a fixed proportion of the bonus is payable in shares and, accordingly, the Company has today transferred to Tom 111,525 ordinary shares from treasury and issued to Tom 88,670 new ordinary shares in the Company.  Application has been made to the London Stock Exchange for the admission of 88,670 new ordinary shares to trading on AIM. Admission of the new shares is expected to take place on 19 March 2021.

As a result of this transaction there will be no shares held in Treasury and the total issued share capital and total voting rights in the Company will be 274,256,122.

-Ends-

Randall & Quilter Investment Holdings Ltd. Ken Randall William Spiegel Tel: [phone] Tel: [phone] Numis Securities Limited (Nominated Adviser) Stuart Skinner Tel: [phone] Charles Farquhar Tel: [phone] Barclays Bank PLC ( Joint Corporate Broker) Mark Astaire  Tel: [phone] Milan Solanki       FTI Consulting  Edward Berry Tom Blackwell Tel: [phone]

Notes to Editors:

About R&Q 

R&Q is a non-life global specialty insurance company operating two core, highly complementary, businesses: Program Management and Legacy Insurance. Both these businesses are leaders in markets with high barriers to entry and significant secular growth opportunities. 

Legacy Insurance generates profits and capital extractions from expert management of legacy non-life insurance portfolios. Program Management generates commission income from its licensed (and rated) carriers in the US, EU and the UK, writing niche and profitable program business, largely on behalf of highly rated reinsurers.

Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94

Website: www.rqih.com

 

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