Interim Dividend

RNS Number : 6837H

Randall & Quilter Inv Hldgs PLC

25 February 2010

 



Date:	25 February 2010
On behalf of:	Randall & Quilter Investment Holdings plc ("R&Q" or the "Group")
For immediate release

Randall & Quilter Investment Holdings plc

Interim Dividend

The Board has approved a second interim dividend of 4.20p per share. This dividend will be payable on 19 March 2010 to all shareholders on the register at 5 March 2010. 

Together with the first interim dividend of 2.8p, this gives a total dividend for the year of 7.0p (2008: 7.0p).

- ends -

Enquiries to:

Randall & Quilter Investment Holdings plc	www.rqih.co.uk
Tom Booth	Tel: [phone]
Execution Noble & Co. Ltd.
John Riddell	Tel: [phone]
Redleaf Communications	r&[e-mail]
Emma Kane/ Alicia Jennings/ Laura Hudson	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 8 insurance companies in run-off (from the UK, US and Europe) with net assets of c.£61m as at 30 June 2009;

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

-   a team of approximately 215 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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