Director/PDMR Shareholding

RNS Number : 0484K

Randall & Quilter Inv Hldgs PLC

08 July 2011

 

Date:	8 July 2011
On behalf of:	Randall & Quilter Investment Holdings plc ("R&Q", "Randall & Quilter" or "the Group")
For immediate release

Randall & Quilter Investment Holdings plc

Director Dealings

Following the Group's recent purchases of its own shares as part of the ongoing share buy-back programme, the following director shareholdings have increased through a whole percentage point.

Ken Randall's holding of 19,737,518 Ordinary Shares now represents 39.18% of the Group's issued ordinary share capital and Alan Quilter's holding of 4,346,456 Ordinary Shares now represents 8.63% of the Group's issued ordinary share capital (post the cancellation of any repurchased shares).

ENDS

Enquiries to:

Randall & Quilter Investment Holdings plc	www.rqih.com
Tom Booth	Tel: [phone]
Numis Securities Limited
Stuart Skinner (Nominated Adviser)	Tel: [phone]
Charles Farquhar (Broker)	Tel: [phone]
Shore Capital Stockbrokers Limited
Dru Danford/Stephane Auton	Tel: [phone]
Redleaf Polhill 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 nine insurance companies in run-off (from the UK, US and Europe) with net assets of c.£73m as at 31 December 2010;

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

-   has a team of approximately 350 insurance professionals based in the UK, USA, Bermuda, 
Canada and Gibraltar; and

-   provides 'turnkey' management services to new Lloyd's syndicate 1897 and manages two RITC ('run-off') syndicates.

The Group was founded by Ken Randall, Executive Chairman and Chief Executive, and Alan Quilter, Chief Operating Officer, 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.

 

END

 

 

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