Directors' Shareholding/Total Voting Rights

RNS Number : 2988F

Randall & Quilter Inv Hldgs Ltd

12 July 2019

 

Randall & Quilter Investment Holdings Ltd.

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

Directors' Shareholding/Total Voting Rights

12 July 2019

The Company has been notified that on 11 July 2019 Alan Quilter, Joint Chief Executive Officer and  Chief Financial Officer of the Company, sold 400,000 of his holding of ordinary shares in the Company. Mr Quilter continues to hold 2,992,088 ordinary shares which represents 1.53% of the Company's issued share capital. Mr Quilter's close family members hold a further 254,427 ordinary shares in the Company.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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	Joint Chief Executive Officer, Chief Financial 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 ordinary shares of 2 pence each of the Company by a PDMR
c)	Currency	GBP
d)	Price(s) and volume(s)	Price	Volume
		180 pence	400,000 ordinary shares
e)	Aggregated information - Aggregated volume - Price - Aggregated total	400,000 ordinary shares 180p per share £720,000
f)	Date of the transaction	11 July 2019
g)	Place of the transaction	London Stock Exchange (LSE)

-Ends-

Randall & Quilter Investment Holdings Ltd. Ken Randall Tel: [phone] Numis Securities Limited (Nominated Adviser) Stuart Skinner Tel: [phone] Charles Farquhar Tel: [phone] Shore Capital Stockbrokers Limited Stephane Auton 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

 

END

 

 

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