TIDMRQIH

RNS Number : 5387S

Randall & Quilter Inv Hldgs Ltd

14 July 2022

14 July 2022

Randall & Quilter Investment Holdings Ltd

Result of Annual General Meeting

Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (the "Company"), the leading non-life global specialty insurance company focusing on Program Management and Legacy Insurance businesses, today held the Annual General Meeting referred to in the Notice of AGM dated 20 June 2022.

Resolutions 1 to 11 and 14, as set out in the notice convening the Annual General Meeting have been duly passed.

A summary of the votes submitted is available on the Company's website.

The Board notes that resolutions 12 and 13, to disapply the pre-emption provisions in the Company's bye-laws in certain limited circumstances, were not approved by shareholders. Given the Company recently raised $129.5 million, the Board does not currently expect to raise equity capital in the next 12 months, but if it requires equity capital, the Board will seek shareholder approval to do so.

-Ends-

Enquiries to:

 
  Randall & Quilter Investment Holdings   www.rqih.com 
    Ltd. 
   William Spiegel                         Tel: 0207 780 5850 
    Tom Solomon 
    Alan Quilter 
 
    Numis Securities Limited (Nominated Adviser & Broker) 
   Charles Farquhar                        Tel: 020 7260 1000 
    Giles Rolls 
 
    Barclays Bank PLC Limited (Joint Broker) 
   Nishant Amin                            Tel: 020 7632 2322 
    Chris Madderson 
   FTI Consulting 
    Tom Blackwell                           Tel: 020 3727 1046

Notes to Editors:

About R&Q

R&Q is a non-life global speciality insurance company operating two highly complementary businesses: Program Management and Legacy Insurance. Both of these businesses are leaders in markets with high barriers to entry and significant 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.

Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94

Website: www.rqih.com

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END

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July 14, 2022 10:03 ET (14:03 GMT)

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