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Quindell PLC (WTG)


Wednesday 26 November, 2014

Quindell PLC

Director Shareholding

RNS Number : 9956X
Quindell PLC
26 November 2014

Quindell Plc ("Quindell" or the "Company" or the "Group")


Director Shareholding 


Quindell Plc (AIM: QPP.L), a market leading global provider of professional services and digital solutions, announces that Laurence Moorse has informed the Company that he received a notice of margin call under the agreement with Equities First Holdings LLC ("EFH") referred to in the announcement of 10 November 2014 (the "Agreement").


Mr Moorse did not meet this margin call which, consequently, has led to the termination of the Agreement.  As a result, his right to repurchase 200,000 ordinary shares of 15 pence each ("Ordinary Shares") transferred by him to EFH under the Agreement will be terminated with effect as of today.  Following the termination of the Agreement, Mr Moorse will be interested in a total of 1,046,666 Ordinary Shares representing 0.24% of the total issued ordinary share capital of the Company.


For further information:


Quindell Plc                                                                                               Tel: 01489 864200

David Currie, non-Executive Interim Chairman                                                           

Robert Fielding, Group Chief Executive

Stephen Joseph, Head of Investor Relations                                                                


Cenkos Securities plc, Nominated Adviser and broker                    Tel: 020 7397 8900

Stephen Keys/Mark Connelly


Bell Pottinger                                                                                            Tel: 020 3772 2562

Victoria Geoghegan/Will Powell                                                                                         



This information is provided by RNS
The company news service from the London Stock Exchange

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