Notice of General Meeting and Posting of Circular

RNS Number : 1700M

Randall & Quilter Inv Hldgs Ltd

07 May 2020

 

Randall & Quilter Investment Holdings Ltd.

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

Notice of General Meeting and Posting of Circular

7 May 2020

On 29 April 2020, R&Q, the Bermuda based global program underwriting management and legacy acquisitions specialist, announced US$100 million of new equity investment into the Group.

Further to that previous announcement, the Company is pleased to confirm that a circular incorporating notice of a general meeting to be held at 3.00 p.m. on 29 May 2020 at 71 Fenchurch Street, Ground Floor, London EC3M 4BS ("General Meeting") , has been posted to the Company's shareholders today ("Circular").

A copy of the Circular, containing more information in relation to the General Meeting, is available on the Company's website at  www.rqih.com .

Ends

Enquiries to:

Randall & Quilter Investment Holdings Ltd. www.rqih.com Ken Randall William Spiegel Tel: [phone] Tel: [phone] Numis Securities Limited Stuart Skinner (Nominated Adviser) Tel: [phone] Charles Farquhar (Broker) Tel: [phone] Shore Capital Stockbrokers Limited Stephane Auton/James Thomas 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

 

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