Randall & Quilter Inv Hldgs Ltd Extension to Publication of Half-Year 2020 Results (8710W)

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RNS Number : 8710W

Randall & Quilter Inv Hldgs Ltd

24 August 2020

Randall & Quilter Investment Holdings Ltd.

Extension to Publication of Half-Year 2020 Results

24 August 2020

Randall & Quilter Investment Holdings Ltd. (AIM-RQIH) ("R&Q" or "the Company"), the leading non-life global specialty insurance company focusing on Program Management and Legacy Insurance businesses, today announces that the Company expects to announce its half year results for the six month period ended 30 June 2020 on or around 14 October 2020.

This revised timing reflects the announcement by the London Stock Exchange on 9 June 2020 that, due to the ongoing impact of Covid-19, the deadline under AIM Rule 18 for the notification by AIM companies of half-year reports can be extended for an additional month. The additional time granted will allow the Group, and its auditors, sufficient time to complete the process of preparing and reviewing the results, given the practical challenges of remote working.

Ends

Notes to Editors:

 
 Randall & Quilter Investment Holdings 
  Ltd. 
 Ken Randall                             Tel: [phone] 
  William Spiegel                         Tel: [phone] 
                                          5877 
 Numis Securities Limited (Nominated Adviser) 
 Stuart Skinner / Huw Jeremy             Tel: [phone] 
 Charles Farquhar                        Tel: [phone] 
 
   Shore Capital Stockbrokers Limited 
 Stephane Auton                          Tel: [phone] 
  James Thomas 
 
   FTI Consulting                          Tel: [phone] 
   Edward Berry 
   Tom Blackwell 
 

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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August 24, 2020 02:00 ET (06:00 GMT)