Director Dealings

RNS Number : 9502Z

Randall & Quilter Inv Hldgs Ltd

16 January 2020

 

 

16 January 2020

Randall & Quilter Investment Holdings Ltd.

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

Director Dealings

Further to the Company's announcement on 13 January 2020 (RNS number 5159Z), the Company hereby provides the following notification, made in accordance with the requirements of the EU Market Abuse Regulation.

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	William Spiegel
2	Reason for the notification
a)	Position/status	Executive Director and Deputy Group Chairman
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	Award of restricted ordinary shares at a price of 2p per share
c)	Currency	GBP
d)	Price(s) and volume(s)	Price	Volume
		2 pence	5,178,524 ordinary shares
e)	Aggregated information - Aggregated volume - Price - Aggregated total	5,178,524 ordinary shares 2p per share £103,570.48
f)	Date of the transaction	13 January 2020
g)	Place of the transaction	Outside of trading venue

Ends.

Enquiries to:

Randall & Quilter Investment Holdings Ltd. Ken Randall Tel: + 44 (0) 207 780 5945 Numis Securities Limited (Nominated Adviser) Stuart Skinner 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 

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

 

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