Director/PDMR Shareholding

RNS Number : 5351A

Randall & Quilter Inv Hldgs PLC

09 October 2009

 



Randall & Quilter Investment Holdings plc

("the Company")

Director/PDMR Shareholdings

Randall & Quilter Investment Holdings plc provides an announcement regarding Disclosure and Transparency Rule 3.1.4R(1) and AIM Rule 17: Notification of transactions of directors, persons discharging managerial responsibility or connected persons.

The Board of Randall & Quilter Investment Holdings plc (AIM: RQIH) announces that it has received notification from Kenneth Randall (Chairman & Chief Executive) on 5 October 2009 of his intention to pledge part of his holding of ordinary shares of 2p each ("Shares") as security for a loan facility. Mr Randall has subsequently entered into a general pledge over Shares amounting to a minimum of £2.5m as security for the loan facility, and this currently equates to 1,976,285 Shares, based on the closing share price of 126.5 pence per Share as at 8 October 2009. Mr Randall currently holds 21,804,000 Shares in the Company, representing 39 per cent. of the issued share capital.   This represents the maximum number of Shares available to be pledged as security for the loan facility.

No other director of the Company has granted security over or entered into any financial instructions relating to any of their holdings of ordinary shares of 2p in the Company. 

Enquiries:

Randall & Quilter Investment Holdings plc
Ken Randall	Tel: [phone]
Alan Quilter	Tel: [phone]
Clean Communications
PJ Lewis	Tel: [phone]
	Email: [e-mail]
Noble & Company Limited
John Riddell	Tel: [phone]
Sunil Sanikop	Tel: [phone]
Numis Securities Limited
Charlie Farquhar	Tel: [phone]

 

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