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RQIH R&q Insurance Holdings Ltd

3.00
-0.11 (-3.54%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
R&q Insurance Holdings Ltd LSE:RQIH London Ordinary Share BMG7371X1065 ORD 2P (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.11 -3.54% 3.00 2.70 3.19 3.00 2.80 2.80 5,230,774 15:55:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Title Insurance 82.8M -297M -0.7929 -0.04 11.24M

Randall & Quilter Inv Hldgs Ltd Issue of equity (0210N)

03/08/2017 9:40am

UK Regulatory


R&q Insurance (LSE:RQIH)
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From Apr 2019 to Apr 2024

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TIDMRQIH

RNS Number : 0210N

Randall & Quilter Inv Hldgs Ltd

03 August 2017

3 August 2017

Randall & Quilter Investment Holdings Ltd.

("R&Q", the "Group" or the "Company")

Issue of equity

R&Q has issued 5,000 new ordinary shares of 2 pence each pursuant to the exercise of an option under its Long Term Incentive Plan.

Application has been made to the London Stock Exchange for the admission of 5,000 new ordinary shares to trading on AIM. Admission of the new shares is expected to take place at 8.00am on 8 August 2017.

Following this transaction the total issued share capital of the Company will increase to 87,682,783. There are no shares held in treasury.

Ends

Enquiries to:

 
  Randall & Quilter Investment   www.rqih.com 
    Holdings Ltd. 
   Tom Booth                      Tel: +1 441 247 
                                   8330 
 
    Numis Securities Limited 
   Stuart Skinner (Nominated      Tel: 020 7260 
    Adviser)                       1000 
   Charles Farquhar (Broker)      Tel: 020 7260 
                                   1000 
 
    Shore Capital Stockbrokers Limited 
   Dru Danford / Stephane Auton   Tel: 020 7408 
                                   4090 
   FTI Consulting 
    Edward Berry/Tom Blackwell     Tel: 020 3727 
                                   1046 
 

Notes to Editors:

About R&Q

Randall & Quilter pursues a buy and build strategy and has created a comprehensive range of investment activities and services in the global non-life insurance market.

R&Q is focused on the following three areas:

   --      Insurance Investments 
   --      Insurance Services 
   --      Underwriting Management 

The Group:

-- provides a range of services to both the live and legacy (re)insurance markets to support growing businesses and address complex and challenging run-off issues;

-- employs over 400 insurance professionals based in Bermuda, the US and Europe with wide service capability in both the 'live' and 'run-off' markets;

-- owns and manages a portfolio of insurance companies, both active and in run-off, in Bermuda, the US and Europe with net assets of GBP161m as at 31 December 2016;

-- owns an admitted P&C Insurer, A- rated by AM Best, with licenses throughout the US; owns a Bermuda Class 3A insurance company;

-- launched Syndicate 1991, which commenced underwriting from January 1, 2013 and has an agreed capacity of GBP127m for 2017, manages one RITC ('run-off') syndicate, 3330, and owns and operates an MGA platform;

-- acquires and manages a portfolio of insurance receivables, with a carrying cost of GBP5.6m as at 31 December 2016

The Group was founded by Ken Randall and Alan Quilter in 1991.

Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94

Website: www.rqih.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCVXLBBDVFXBBV

(END) Dow Jones Newswires

August 03, 2017 04:40 ET (08:40 GMT)

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