Result of Annual General Meeting

RNS Number : 5387S
Randall & Quilter Inv Hldgs Ltd
14 July 2022
 

14 July 2022

 

Randall & Quilter Investment Holdings Ltd  

 

Result of Annual General Meeting

 

Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (the "Company"), the leading non-life global specialty insurance company focusing on Program Management and Legacy Insurance businesses, today held the Annual General Meeting referred to in the Notice of AGM dated 20 June 2022.

 

Resolutions 1 to 11 and 14, as set out in the notice convening the Annual General Meeting have been duly passed.

 

A summary of the votes submitted is available on the Company's website.

 

The Board notes that resolutions 12 and 13, to disapply the pre-emption provisions in the Company's bye-laws in certain limited circumstances, were not approved by shareholders. Given the Company recently raised $129.5 million, the Board does not currently expect to raise equity capital in the next 12 months, but if it requires equity capital, the Board will seek shareholder approval to do so.

 

  -Ends-

 

Enquiries to:

 

Randall & Quilter Investment Holdings Ltd.

www.rqih.com

William Spiegel

Tom Solomon

Alan Quilter

Tel: 0207 780 5850

 

Numis Securities Limited (Nominated Adviser & Broker)

Charles Farquhar

Giles Rolls

Tel: 020 7260 1000

 

Barclays Bank PLC Limited (Joint Broker)

Nishant Amin

Chris Madderson

 

Tel: 020 7632 2322

 

FTI Consulting

Tom Blackwell

 

 

Tel: 020 3727 1046


Notes to Editors:

 

About R&Q 

 

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