PDMR Shareholding

RNS Number : 1482D
Randall & Quilter Inv Hldgs Ltd
08 October 2018
 

 

 

 

 

 

 

Randall & Quilter Investment Holdings Ltd.

 

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

 

PDMR Shareholding/Total Voting Rights

Allotment of Shares

8 October 2018

The Company has issued a total of 83,905 new ordinary shares of 2 pence each to Todd Campbell, Chief Executive Officer and President of Accredited (US) in accordance with his service contract. In addition, the Company has issued 9,661 new ordinary shares to an employee, also in accordance with their service contract.

Application has been made to the London Stock Exchange for the admission of the 93,566 new ordinary shares to trading on AIM. Admission of the new shares is expected to take place at 8.00am on 9 October 2018.

As a result of this transaction the total issued share capital will therefore increase to 125,984,280[    ordinary shares of 2 pence each. There are no shares held in Treasury and the total voting rights will therefore be 125,984,280

The notification 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

Todd Campbell

2

Reason for the notification

a)

Position/status

Chief Executive Officer, Accredited

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

Acquisition of ordinary shares of 2 pence each of the Company

c)

Currency

GBP

d)

Price(s) and volume(s)

Price

Volume

2 pence

83,905 ordinary shares

e)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 

83,905 ordinary shares

2p per share

£1,678.10

f)

Date of the transaction

4 October 2018

g)

Place of the transaction

London Stock Exchange (LSE)

 

 

 

-Ends-

 

 

 

Randall & Quilter Investment Holdings Ltd.

 

Ken Randall

Tel: 0207 780 5945

 

Numis Securities Limited (Nominated Adviser)

Stuart Skinner

Tel: 020 7260 1000

Charles Farquhar

Tel: 020 7260 1000

 

Shore Capital Stockbrokers Limited

Dru Danford / Stephane Auton

 

Tel: 020 7408 4090

FTI Consulting

Edward Berry/Tom Blackwell

 

 

Tel: 020 3727 1046

 

 

 

 

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 programme 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

 

 

 


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