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Randall & Quilter Ld (RQIH)

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Tuesday 21 May, 2019

Randall & Quilter Ld

Directors' Shareholding/Total Voting Rights

RNS Number : 6695Z
Randall & Quilter Inv Hldgs Ltd
21 May 2019
 

 

Randall & Quilter Investment Holdings Ltd.

 

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

 

Directors' Shareholding/Total Voting Rights

 

21 May 2019

 

The Company has been notified that on 20 May 2019 Alan Quilter, Group Deputy Chairman and Chief Financial Officer of the Company, sold 500,000 of his holding of ordinary shares in the Company. Mr Quilter continues to hold 3,329,088 ordinary shares which represents 1.73% of the Company's issued share capital. Mr Quilter's close family members hold a further 254,427 ordinary shares in the Company.

 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Alan Quilter

2

Reason for the notification

a)

Position/status

Group Deputy Chairman, Chief Financial Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Randall & Quilter Investment Holdings Ltd.

b)

Legal Entity Identifier

2138006K1U38QCGLFC94

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary shares of 2 pence each of the Company

 

 

BMG7371X1065

b)

Nature of the transaction

Sale of ordinary shares of 2 pence each of the Company by a PDMR

c)

Currency

GBP

d)

Price(s) and volume(s)

Price

Volume

188 pence

500,000 ordinary shares

e)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 

500,000 ordinary shares

188p per share

£940,000

f)

Date of the transaction

20 May 2019

g)

Place of the transaction

London Stock Exchange (LSE)

 

-Ends-

 

 

 

 

Randall & Quilter Investment Holdings Ltd.

 

Ken Randall

Tel: 020 7780 5945

 

Numis Securities Limited (Nominated Adviser)

Stuart Skinner

Tel: 020 7260 1000

Charles Farquhar

Tel: 020 7260 1000

 

Shore Capital Stockbrokers Limited

Stephane Auton

 

Tel: 020 7408 4090

FTI Consulting

Edward Berry/Tom Blackwell

 

 

Tel: 020 3727 1046

 

 

 

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 program 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

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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