Appointment of Nominated Advi

RNS Number : 9567K

Randall & Quilter Inv Hldgs PLC

28 April 2010

 



Date:	28 April 2010
On behalf of:	Randall & Quilter Investment Holdings plc ("Randall & Quilter" or the "Group")
For immediate release

Randall & Quilter Investment Holdings plc

Appointment of Nominated Advisor and Joint Broker

Randall & Quilter (AIM: RQIH), the specialist non-life insurance investor, service provider and underwriting manager, is pleased to announce the appointment of Numis Securities Limited as its Nominated Advisor, with immediate effect.

R&Q is also pleased to announce the appointment of Shore Capital Stockbrokers Limited as its Joint Broker, alongside Numis Securities Limited, with immediate effect.

- ends -

Enquiries to:

Randall & Quilter Investment Holdings plc	www.rqih.co.uk
Tom Booth	Tel: [phone]
Numis Securities Limited
Stuart Skinner (Nominated Advisor)	Tel: [phone]
Charles Farquhar (Broker)	Tel: [phone]
Shore Capital Stockbrokers Limited
Dru Danford / Stephane Auton	Tel: [phone]
Redleaf Communications	r&[e-mail]
Emma Kane / Alicia Jennings	Tel: [phone]

Notes to Editors:

¡ Since formation, Randall & Quilter has pursued a buy and build strategy to create a comprehensive range of investment activities and services in the global non-life insurance market and is focused on the following four core areas:

-     Insurance Investments;

-     Insurance Services;

-     Underwriting Management; and

-     Captives

¡ The Group currently has:

-   a portfolio of 9 insurance companies in run-off (from the UK, US and Europe) with net assets of c.£61m as at 30 June 2009;

-   wide service capability in both the 'live' and 'run-off' markets

-   a team of approximately 240 insurance professionals based in the UK, USA and Bermuda; and

-   'in principle' approval by Lloyd's of London to provide 'turnkey' management services to syndicates.

¡ The Group was founded by Ken Randall, Executive Chairman and Chief Executive, and Alan Quilter, Group Finance Director who both have extensive experience in the industry including as Head of Regulation of Lloyd's and as Head of the Market Financial Services Group respectively.

 

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