REG - Randall & Quilter Ld - Board Appointment

R&Q Insurance HoldingsAnnouncement

13/10/2020 07:00

RNS Number : 8451B
  
Randall & Quilter Inv Hldgs Ltd
  
13 October 2020
  
 

 
 
 
13 October 2020
 
 
Randall & Quilter Investment Holdings Ltd.
 
("R&Q", the "Group" or the "Company")
 
Board Appointment
 
Randall & Quilter Investment Holdings Ltd., the leading non-life global specialty insurance company focusing on Program Management and Legacy Insurance businesses, is pleased to announce that Thomas Solomon, Chief Financial Officer of the Group, has been appointed to the Company's board of directors with effect from 2 November 2020.
 
Tom took up his position as Chief Financial Officer on 13 August 2020.
 
Additional disclosures
As announced on 3 August 2020, 1,210,707 restricted ordinary shares have been awarded to Tom as part of his remuneration package. The award represents 0.54% of the Company's shares in issue and 0.54% of the total voting rights. 
 
Other than his appointment to the R&Q board, Thomas Solomon, aged 50, holds or has held the following directorships in the last five years. 
 



Current directorships


Previous directorships held in the last 5 years




Sail Harbour Club Association (USA)


None



 
There is no further information that is required to be disclosed with regards to the appointment of Thomas Solomon pursuant to Schedule 2 paragraph (g) of the AIM Rules. 
 
-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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