Director/PDMR Shareholding

RNS Number : 3502R

Randall & Quilter Inv Hldgs PLC

19 August 2010

 



Date:	19 August 2010
On behalf of:	Randall & Quilter Investment Holdings plc ("R&Q" or the "Group")
For immediate release

Randall & Quilter Investment Holdings plc

Notice of Directors Holding

The Company was notified on 18 August 2010 that on 18 August 2010 Jo Welman, a Non-Executive Director of the Company, purchased  50,000 ordinary shares of 2p each in Randall & Quilter at a price of 90 pence per share (the "Shares"). The Shares will be held via Mr Welman's Self Invested Pension Plan. Following this purchase, Mr Welman is interested in 50,000 ordinary shares of 2p each representing approximately 0.09% of the issued share capital of the Company.

- 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 nine insurance companies in run-off (from the UK, US and Europe) with net assets of c.£74m as at 30 June 2010;

-    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.

 

END

 

 

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