Director/PDMR Shareholding

RNS Number : 9678X
Randall & Quilter Inv Hldgs Ltd
03 September 2020
 

 

Randall & Quilter Investment Holdings Ltd.

 

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

 

Director/PDMR Shareholding

3 September 2020

The Company has been notified that on 2 September 2020 Alan Quilter, the Chief Executive Officer of the Company, sold his interest in 250,000 ordinary shares in the Company. Mr Quilter continues to hold 2,878,071 ordinary shares which represents 1.29% of the Company's issued share capital and 1.29% of the total voting rights.

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

Alan Quilter

2

Reason for the notification

a)

Position/status

Group Chief Executive Officer

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

Sale of Shares

c)

Currency

GBP

d)

Price(s) and volume(s)

Price

Volume

153 pence per share

 

250,000 ordinary shares

 

 

e)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 

250,000 ordinary shares

Price: 153 pence per share

£382,500

f)

Date of the transaction

2 September 2020

g)

Place of the transaction

London Stock Exchange, AIM

 

 

-Ends-

 

 

Randall & Quilter Investment Holdings Ltd.

 

Ken Randall

William Spiegel

 

Tel: +44 (0)7831 145440

Tel: +001 917 826 5877

Numis Securities Limited (Nominated Adviser)

Stuart Skinner / Huw Jeremy

Tel: 020 7260 1000

Charles Farquhar

Tel: 020 7260 1000

 

Shore Capital Stockbrokers Limited

Stephane Auton

James Thomas

Tel: 020 7408 4090

 

FTI Consulting

Edward Berry

Tom Blackwell

 

 

Tel: 020 3727 1046

 

 

 

 

 

 

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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