REG - Randall & Quilter Ld - Director/PDMR Shareholding

R&Q Insurance HoldingsAnnouncement

03/09/2020 11:01

RNS Number : 9678X
  
Randall & Quilter Inv Hldgs Ltd
  
03 September 2020
  
 

 
Randall & Quilter Investment Holdings Ltd.
 
("R&Q", the "Group" or the "Company")
 
Director/PDMR Shareholding
3 September 2020
The Company has been notified that on 2 September 2020 Alan Quilter, the Chief Executive Officer of the Company, sold his interest in 250,000 ordinary shares in the Company. Mr Quilter continues to hold 2,878,071 ordinary shares which represents 1.29% of the Company's issued share capital and 1.29% of the total voting rights. 
The Company hereby provides the following notification, made in accordance with the requirements of the EU Market Abuse Regulation. 
 
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


Alan Quilter




2


Reason for the notification




a)


Position/status


Group Chief Executive Officer




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


Sale of Shares




c)


Currency


GBP




d)


Price(s) and volume(s)


Price


Volume




153 pence per share
 


250,000 ordinary shares
 
 




e)


Aggregated information
- Aggregated volume
- Price
- Aggregated total


 
250,000 ordinary shares
Price: 153 pence per share
£382,500




f)


Date of the transaction


2 September 2020




g)


Place of the transaction


London Stock Exchange, AIM




 
 
-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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