Allotment of Shares

RNS Number : 6375M

Randall & Quilter Inv Hldgs Ltd

01 May 2018

 

 

Randall & Quilter Investment Holdings Ltd.

("R&Q", the "Group" or the "Company")

Allotment of Shares

1 May 2018

The Company has issued a total of 15,094 new ordinary shares of 2p each to an employee as part of their remuneration package.

Application has been made to the London Stock Exchange for the admission of the 15,094 new ordinary shares to trading on AIM. Admission of the new shares is expected to take place at 8.00am on 4 May 2018.

As a result of this transaction the total issued share capital will therefore increase to 125,890,714.                      There are no shares held in Treasury and the total voting rights will therefore be 125,890,714.

-Ends-

Randall & Quilter Investment Holdings Ltd. Ken Randall Tel: [phone] Numis Securities Limited (Nominated Adviser) Stuart Skinner Tel: [phone] Charles Farquhar Tel: [phone] Shore Capital Stockbrokers Limited Dru Danford / Stephane Auton Tel: [phone] FTI Consulting Edward Berry/Tom Blackwell Tel: [phone]

Notes to Editors:

About R&Q 

The overall mission of the Bermuda based Group is to:

·      generate profits and capital extractions from expert management of legacy non-life insurance acquisitions/ reinsurances, including in Lloyd's; and 

·      grow commission income from its licensed (and rated) carriers in the US and EU/UK, writing niche and profitable programme business, largely on behalf of highly rated reinsurers.

Our aim is to continue to grow sustainable profit streams to support our business model and increase book value and cash distributions to shareholders. 

The Group was founded by Ken Randall and Alan Quilter in 1991.

Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94

Website: www.rqih.com

 

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