Director/PDMR Shareholding

RNS Number : 7380S

Randall & Quilter Inv Hldgs PLC

15 September 2010

 



Date:	15 September 2010
On behalf of:	Randall & Quilter Investment Holdings plc ("Randall & Quilter" or the "Company")
Immediate Release

Randall & Quilter Investment Holdings plc

Director Dealings

Randall & Quilter (AIM: RQIH), the specialist non-life insurance investor, service provider and underwriting manager, was notified on 14 September 2010 that on 14 September 2010 Kevin Paul McNamara, a Non-Executive Director of the Company, purchased 12,000 ordinary shares of 2 6/91p each in Randall & Quilter at a price of 92 pence per share (the "Shares"). Following this purchase, Mr McNamara is interested in 39,106 ordinary shares of 2 6/91p each representing approximately 0.07% of the issued share capital of the Company.

- Ends -

Enquiries to:

Randall & Quilter Investment Holdings plc

(www.rqih.co.uk)

Tom Booth

Tel: [phone]

Numis Securities Limited

Stuart Skinner (Nominated Advisor)

Tel: [phone]

Charles Farquhar (Broker)

Tel: [phone]

Shore Capital Stockbrokers Limited

Dru Danford / Stephane Auton

Tel: [phone]

Redleaf Communications

r&[e-mail]  

Emma Kane/ Alicia Jennings/ Adam Leviton

Tel: [phone]

Notes to Editors:

Since formation, Randall & Quilter has pursued a buy and build strategy to create a comprehensive range of investment activities and services in the global non-life insurance market and is focused on the following four core areas:

-     Insurance Investments;

-     Insurance Services;

-     Underwriting Management; and

-     Captives

 The Group currently has:

-   a portfolio of 9 insurance companies in run-off (from the UK, US and Europe) with net assets of £74m as at 30 June 2010;

-   wide service capability in both the 'live' and 'run-off' markets;

-   a team of approximately 240 insurance professionals based in the UK, USA, Canada and Bermuda; and

-   'in principle' approval by Lloyd's of London to provide 'Turnkey' management services to syndicates.

The Group was founded by Ken Randall, Executive Chairman and Chief Executive, and Alan Quilter, Group Finance Director who both have extensive experience in the industry including as Head of Regulation of Lloyd's and as Head of the Market Financial Services Group respectively.

 

END

 

 

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