Source - RNS
RNS Number : 1115L
Randall & Quilter Inv Hldgs Ltd
28 September 2016
 

Randall & Quilter Investment Holdings Ltd.

PDMR Share Dealings

28 September 2016

The Company has been notified that on 28 September 2016 Kenneth Randall, the Company's Chairman and Chief Executive, sold 200,000 of his holding of 2p ordinary shares in the Company to Alan Quilter, the Company's Chief Operating Officer, at the rate of GBP 1.225 per share. Mr Randall now holds 16,035,446 ordinary shares which represents 22.25% of the Company's issued share capital. Mr Quilter holds 4,246,456 ordinary shares, representing 5.89% of the Company's issued share capital.

-Ends-

 

 

Enquiries to:

 

Randall & Quilter Investment Holdings Ltd.

www.rqih.com

Tom Booth

 

Tel: +1 441 247 8330



Numis Securities Limited


Stuart Skinner (Nominated Adviser)

Tel: 020 7260 1000

Charles Farquhar (Broker)

 

Tel: 020 7260 1000



Shore Capital Stockbrokers Limited


Dru Danford / Stephane Auton

 

Tel: 020 7408 4090



FTI Consulting


Edward Berry/Tom Blackwell

 

Tel: 020 3727 1046

 

About R&Q

 

Randall & Quilter pursues a buy and build strategy and has created a comprehensive range of investment activities and services in the global non-life insurance market.

 

R&Q is focused on the following three core areas:

 

·      Insurance Investments

·      Insurance Services

·      Underwriting Management

 

The Group:

·      provides a range of services to both the live and legacy (re)insurance markets to support growing businesses and address complex and challenging run-off issues;

 

·      has a team of over 400 insurance professionals based in the UK, US, Bermuda, and Europe with wide service capability in both the 'live' and 'run-off' markets;

 

·      owns a US admitted carrier, A- rated by AM Best, with licenses throughout the US; owns a Bermuda Class 3A insurance company which currently supports the Group's syndicate participations;

 

·      launched Syndicate 1991 which commenced underwriting from January 1, 2013 with a capacity of £150m for 2015, manages one RITC ('run-off') syndicate, 3330, and owns and operates 2 MGA business units;

 

·      acquires and manages a portfolio of insurance receivables, with a carrying cost of £10.6m as at 31 December 2014, of which R&Q holds a 50% interest 

 

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

 

Website: www.rqih.com

 

 

 

 

 


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