Less Ads, More Data, More Tools Register for FREE

Pin to quick picksR&Q Insurance Regulatory News (RQIH)

Share Price Information for R&Q Insurance (RQIH)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.125
Bid: 0.10
Ask: 0.15
Change: -0.13 (-52.00%)
Spread: 0.05 (50.00%)
Open: 0.25
High: 0.143
Low: 0.12
Prev. Close: 0.25
RQIH Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Notification of Interest in Shares

29 Mar 2017 10:12

RNS Number : 8752A
Randall & Quilter Inv Hldgs Ltd
29 March 2017
 

 

 

 

Randall & Quilter Investment Holdings Ltd.

 

Notification of Interest in Shares

 

29 March 2017

 

In accordance with AIM Rule 17, Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (the "Company") announces the following relevant change to the holding of a significant shareholder, JO Hambro Capital Management Limited ("JO Hambro").

 

As a result of the completion of the placing which was announced on 28 February, the Company yesterday issued an additional 1,899,879 ordinary shares to JO Hambro at a price of 117p per share. The Company understands that JO Hambro now holds 8,302,643 ordinary shares in the capital of the Company representing 9.5% of the total issued shares of the Company.

 

Ends

 

 

Enquiries to:

Randall & Quilter Investment Holdings Ltd.

Tom Booth

www.rqih.com

+1 441 247 8330

Numis Securities Limited (Bookrunner, Nomad and Joint Broker)

Stuart Skinner (Nominated Adviser)

Charles Farquhar (Broker)

Akshman Ori

Harry Trueman

+44 (0)20 7260 1000

FTI Consulting

Edward Berry

Tom Blackwell

+44 (0)20 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 core 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 close to 400 insurance professionals based in the UK, US, Bermuda, 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 the UK, US and Europe with net assets of £123.7m as at 31 December 2015;

 

· owns an admitted P&C Insurer, A- rated by AM Best, with licenses throughout the US; owns a Bermuda Class 3A insurance company which currently supports the Group's syndicate participations;

 

· launched Syndicate 1991, which commenced underwriting from January 1, 2013 and has an agreed capacity of £130m for 2016, 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 £6.0m as at 31 December 2015, of which R&Q holds a 50% interest

 

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
 
 
MSCLIFLAVLIAFID
Date   Source Headline
16th Aug 20187:00 amRNSEuropean program underwriting partnerships
31st Jul 20187:00 amRNSProgram underwriting partnership
11th Jun 20182:24 pmRNSResult of AGM
11th Jun 20187:00 amRNSR&Q complete two transactions
17th May 20187:00 amRNSNotice of AGM and Proposed Return of Capital
1st May 20187:00 amRNSAllotment of Shares
30th Apr 20187:00 amRNSFull year results
25th Apr 20188:00 amRNSAccredited announces underwriting partnership
11th Apr 20188:00 amRNSAccredited begins new program partnership
10th Apr 20188:00 amRNSAM Best affirms Accredited's A- rating
19th Mar 20189:00 amRNSNotice of Results
13th Mar 20187:00 amRNSR&Q completes assignment of liabilities
12th Mar 20187:00 amRNSR&Q completes novation
9th Mar 20189:45 amRNSAdverse Development Cover
19th Feb 201812:45 pmRNSPDMR Share Dealing
19th Feb 20187:00 amRNSCompletion of RITC
5th Feb 20187:00 amRNSAM Best Rating Announcement
24th Jan 20187:00 amRNSR&Q completes assumption from Risk Retention Group
15th Jan 20187:00 amRNSDisposal
9th Jan 20187:00 amRNSAppointment of Executive Director
8th Jan 20187:00 amRNSSenior Management Changes
2nd Jan 20187:14 amRNSAcquisition of Constantia Insurance Company
20th Dec 20172:00 pmRNSReinsurance to Close of Syndicate 3334
11th Dec 20177:00 amRNSUnderwriting Agreement
1st Dec 20177:01 amRNSAccredited Agreement
1st Dec 20177:00 amRNSCompletion of sale of R&Q Managing Agency Limited
2nd Nov 20177:48 amRNSNotification of Major Holdings
1st Nov 20177:00 amRNSAccredited Agreement
31st Oct 20171:34 pmRNSNotification of major interest in shares
31st Oct 201711:16 amRNSNotification of major interest in shares
30th Oct 20172:35 pmRNSResult of General Meeting and Open Offer
30th Oct 20177:10 amRNSAccredited Agreement
30th Oct 20177:00 amRNSAgreement with ProSight Specialty Insurance
6th Oct 20171:18 pmRNSPosting of Circular
5th Oct 20179:11 amRNSPlacing and Open Offer
29th Sep 20173:21 pmRNSResult of General Meeting
21st Sep 20177:00 amRNSR&Q completes assignment of deductible liabilities
20th Sep 20177:00 amRNSR&Q completes novation
6th Sep 20177:00 amRNSNotice of General Meeting and Return of Capital
4th Sep 20177:00 amRNSInterim Results
3rd Aug 20179:40 amRNSIssue of equity
30th Jun 20174:20 pmRNSR&Q writes facultative reinsurance certificate
30th Jun 20173:00 pmRNSCompletion of the acquisition
30th Jun 20172:13 pmRNSNotification of Major Interest in Shares
30th Jun 201711:09 amRNSNotification of Major Interest in Shares
30th Jun 201710:47 amRNSNotification of Major Interest in Shares
30th Jun 201710:45 amRNSNotification of Major Interest in Shares
30th Jun 201710:38 amRNSDisposal
30th Jun 201710:06 amRNSDirector/PDMR shareholding
29th Jun 201711:21 amRNSPDMR Share Dealings

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.