We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.30 | -11.95% | 2.21 | 2.15 | 2.27 | 2.26 | 2.26 | 2.26 | 2,967,542 | 16:35:29 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Title Insurance | 82.8M | -297M | -0.7929 | -0.03 | 8.47M |
TIDMRQIH
RNS Number : 1791G
Randall & Quilter Inv Hldgs Ltd
16 March 2020
16 March 2020
Randall & Quilter Investment Holdings Ltd.
("R&Q", "Group" or the "Company")
Share Repurchase Programme
Randall and Quilter Investment Holdings Ltd. (the "Group" or "Company") announces that from today until 27 April 2020 it will commence a programme to purchase up to GBP2 million of the Company's ordinary shares of 2 pence each (the "Ordinary Shares") (the "Programme").
The Programme will be funded by the Company's cash reserves. Any shares repurchased by the Company will be held in treasury.
The Programme will be conducted by the Company in accordance with the Bermuda Companies Act 1981 and has been authorised by the Board.
In compliance with the Market Abuse Regulation 596/2014 (the "Market Abuse Regulation"), the Company has entered into an irrevocable and non-discretionary agreement with Numis Securities Ltd to complete the Programme.
Any share repurchases under the Programme will be effected within certain pre-set parameters, and in accordance with the Market Abuse Regulation and the Commission Delegated Regulation (EU) 2016/1052.
The Programme will be conducted by Numis Securities Ltd.
Enquiries to:
Randall & Quilter Investment Holdings Ltd. Ken Randall Tel: + 44 (0) 207 780 5945 Numis Securities Limited (Nominated Adviser) Stuart Skinner Tel: +44 (0) 207 260 1000 Charles Farquhar Tel: +44 (0) 207 260 1000 Shore Capital Stockbrokers Limited Stephane Auton/James Thomas Tel: +44 (0) 207 408 4090 FTI Consulting Edward Berry/Tom Blackwell Tel: +44 (0) 203 727 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
MSCBRGDXSUBDGGX
(END) Dow Jones Newswires
March 16, 2020 03:00 ET (07:00 GMT)
1 Year R&q Insurance Chart |
1 Month R&q Insurance Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions