REG - Randall & Quilter Ld - Allotment of Shares
RNS Number : 9087ZRandall & Quilter Inv Hldgs Ltd23 September 2020
Randall & Quilter Investment Holdings Ltd.
("R&Q", the "Group" or the "Company")
Allotment of Shares
23 September 2020
The Company has issued a total of 509,672 new ordinary shares of 2p each to an employee as part of their remuneration package.
Application has been made to the London Stock Exchange for the admission of the 509,672 new ordinary shares to trading on AIM. Admission of the new shares is expected to take place at 8.00am on 28 September 2020.
As a result of this transaction the total issued share capital will therefore increase to 224,395,284.
As there are 111,525 ordinary shares held in Treasury, total voting rights will increase to 224,283,759.
-Ends-
Randall & Quilter Investment Holdings Ltd.
Ken Randall
William Spiegel
Tel: +44 (0)7831 145440
Tel: +001 917 826 5877
Numis Securities Limited (Nominated Adviser)
Stuart Skinner / Huw Jeremy
Tel: 020 7260 1000
Charles Farquhar
Tel: 020 7260 1000
Shore Capital Stockbrokers Limited
Stephane Auton
James Thomas
Tel: 020 7408 4090
FTI Consulting
Edward Berry
Tom Blackwell
Tel: 020 3727 1046
Notes to Editors:
About R&Q
R&Q is a non-life global specialty insurance company operating two core, highly complementary, businesses: Program Management and Legacy Insurance. Both these businesses are leaders in markets with high barriers to entry and significant secular growth opportunities.
Legacy Insurance generates profits and capital extractions from expert management of legacy non-life insurance portfolios. Program Management generates commission income from its licensed (and rated) carriers in the US, EU and the UK, writing niche and profitable program business, largely on behalf of highly rated reinsurers.
For the financial year ended 31 December 2019 R&Q reported pre-tax profits of over £40 million.
Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94
Website: www.rqih.com
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