TIDMRQIH

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              Initial notification 
       /Amendment 
     --------------------------------  ---------------------------------------- 
 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      Ordinary shares of 2 pence each of 
       instrument, type of               the Company 
       instrument 
 
       Identification code               BMG7371X1065 
     --------------------------------  ---------------------------------------- 
 b)   Nature of the transaction         Sale of Shares 
     --------------------------------  ---------------------------------------- 
 c)   Currency                          GBP 
     --------------------------------  ---------------------------------------- 
 d)   Price(s) and volume(s)            Price          Volume 
     --------------------------------  -------------  ------------------------- 
                                        153 pence      250,000 ordinary shares 
                                         per share 
     --------------------------------  -------------  ------------------------- 
 e)   Aggregated information 
       - Aggregated volume                250,000 ordinary shares 
       - Price                            Price: 153 pence per share 
       - Aggregated total                 GBP382,500 
     --------------------------------  ---------------------------------------- 
 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                                  Tel: +44 (0)7831 145440 
     William Spiegel                              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                               Tel: 020 7408 4090 
     James Thomas 
 
     FTI Consulting                               Tel: 020 3727 1046 
     Edward Berry 
     Tom Blackwell 
 

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 GBP40 million.

Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94

Website: www.rqih.com

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September 03, 2020 05:56 ET (09:56 GMT)

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