RANDALL & QUILTER INVESTMENT HLDG PLC Randall & Quilter Investment Holdings Ltd.
('R&Q', the 'Group' or the 'Company')
Allotment of Shares
1 May 2018
The Company has issued a total of 15,094 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 15,094 new ordinary shares to trading on AIM. Admission of the new shares is expected to take place at 8.00am on 4 May 2018.
As a result of this transaction the total issued share capital will therefore increase to 125,890,714. There are no shares held in Treasury and the total voting rights will therefore be 125,890,714.
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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 programme 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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Disclaimer
R&Q - Randall & Quilter Investment Holdings plc published this content on 01 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 May 2018 06:10:08 UTC
