Allotment of Shares

RNS Number : 9087Z

Randall & Quilter Inv Hldgs Ltd

23 September 2020

 

 

Randall & Quilter Investment Holdings Ltd.

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

Allotment of Shares

23 September 2020

The Company has issued a total of 509,672 new ordinary shares of 2p each to an employee as part of their remuneration package.

Application has been made to the London Stock Exchange for the admission of the 509,672 new ordinary shares to trading on AIM. Admission of the new shares is expected to take place at 8.00am on 28 September 2020.

As a result of this transaction the total issued share capital will therefore increase to 224,395,284. 

As there are 111,525 ordinary shares held in Treasury, total voting rights will increase to 224,283,759.

-Ends-

Randall & Quilter Investment Holdings Ltd. Ken Randall William Spiegel Tel: [phone] Tel: [phone] Numis Securities Limited (Nominated Adviser) Stuart Skinner / Huw Jeremy Tel: [phone] Charles Farquhar Tel: [phone] Shore Capital Stockbrokers Limited Stephane Auton James Thomas Tel: [phone] FTI Consulting Edward Berry Tom Blackwell Tel: [phone]

Notes to Editors:

About R&Q 

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

For the financial year ended 31 December 2019 R&Q reported pre-tax profits of over £40 million.

Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94

Website: www.rqih.com

 

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