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RQIH R&q Insurance Holdings Ltd

3.00
0.155 (5.45%)
19 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
  0.155 5.45% 3.00 2.50 3.49 742,939 16:35:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Title Insurance 82.8M -297M -0.7929 -0.04 10.64M

Randall & Quilter Inv Hldgs Ltd Listing of Senior Unsecured Floating Rate Notes (7324T)

25/03/2019 7:00am

UK Regulatory


R&q Insurance (LSE:RQIH)
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RNS Number : 7324T

Randall & Quilter Inv Hldgs Ltd

25 March 2019

Randall & Quilter Investment Holdings Ltd.

Listing of Senior Unsecured Floating Rate Notes

25 March 2019

Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (the "Company"), the global program underwriting management and legacy acquisitions specialist, is pleased to announce that application has been made to the Irish Stock Exchange plc, trading as Euronext Dublin ("Euronext Dublin") for its $70 million senior unsecured floating rate notes due 2028 (the "Notes") to be admitted to the Official List and trading on the Global Exchange Market.

Admission is expected to take place on or before 27 March 2019 under the ISIN XS1926956274.

The Notes were issued on 28 December 2018 and will not be rated by any rating agency.

Ends

Enquiries to:

 
Randall & Quilter Investment Holdings Ltd.      www.rqih.com 
 Ken Randall                                  +44 (0)20 7780 
                                                        5945 
 
Numis Securities Limited 
 Stuart Skinner (NOMAD)                       +44 (0)20 7260 
 Charles Farquhar (Corporate Broker)                    1000 
FTI Consulting 
 Edward Berry                                 +44 (0)20 3727 
 Tom Blackwell                                          1046 
 

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 program 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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCZMGZFGZKGLZM

(END) Dow Jones Newswires

March 25, 2019 03:00 ET (07:00 GMT)

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