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RQIH R&q Insurance Holdings Ltd

2.40
-0.625 (-20.66%)
Last Updated: 14:19:19
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
  -0.625 -20.66% 2.40 2.16 2.64 3.00 2.00 3.00 10,984,886 14:19:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Title Insurance 82.8M -297M -0.7929 -0.03 8.99M

Randall & Quilter Inv Hldgs Ltd Listing of Floating Rate Notes (2312T)

23/03/2021 3:18pm

UK Regulatory


R&q Insurance (LSE:RQIH)
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RNS Number : 2312T

Randall & Quilter Inv Hldgs Ltd

23 March 2021

23 March 2021

Randall & Quilter Investment Holdings Ltd.

Listing of Unsecured Floating Rate Subordinated Notes

Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (the "Company"), the leading non-life global specialty insurance company focussing on Program Management and Legacy Insurance businesses, is pleased to announce that application has been made to the Irish Stock Exchange plc, trading as Euronext Dublin ("Euronext Dublin") for its $125 million unsecured floating rate subordinated notes due 2033 (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 31 March 2021 under the ISIN XS2261165679.

The Notes were issued on 16 December 2020 and will not be rated by any rating agency.

-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                               Tel: 020 7260 1000 
    Charles Farquhar                             Tel: 020 7260 1000 
    Barclays Bank PLC ( Joint Corporate Broker) 
     Mark Astaire Tel: 020 7632 2322 
     Milan Solanki 
 
    FTI Consulting                               Tel: 020 3727 1051 
     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.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

March 23, 2021 11:18 ET (15:18 GMT)

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