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Director/PDMR Shareholding

22 Dec 2011 15:35

RNS Number : 5302U
Quindell Portfolio PLC
22 December 2011
 



 

Quindell Portfolio Plc

("Quindell", the "Company" or the "Group")

Director/PDMR Shareholding

Chief Executive increases holding

The Board of Quindell Portfolio Plc (AIM: QPP.L) has been informed that Robert Terry, Chairman and Chief Executive, has today purchased 634,050 ordinary shares of 1 pence each ("Ordinary Shares"). 134,050 shares were purchased at a price of 4.5 pence per share and 500,000 were purchased at a price of 4.9 pence per share.

Following this transaction, Mr Terry, together with shares held as family interests or by virtue of his position as beneficiary or potential beneficiaries of certain trusts is interested in a total of 680,500,000 Ordinary Shares in the Company, representing approximately 33.99 per cent. of the total issued share capital.

 

 

For further information:

Quindell Portfolio PlcRob Terry, Chairman & Chief Executive

 

Laurence Moorse, Group Finance Director

Tel: 01329 830 501

terryr@quindell.com

Tel: 01329 830 543

moorsel@quindell.com

Daniel Stewart & Company Plc(Nominated Adviser & Joint broker)Antony Legge/James Thomas

 

Tel: 020 7776 6566

 

Cenkos Securities plc (Joint broker) Stephen Keys /Adrian Hargrave / Alex Aylen / Andy Roberts 

 

Tel: 020 7397 8900

 

Media EnquiriesRedleafPolhill Limited

Rebecca Sanders-Hewett

Jenny Bahr

 

Quindell Portfolio PlcTracey Terry, Chief Communications Officer

 

 

Tel: 020 7566 6720

quindell@redleafpolhill.com

 

 

Tel: 01329 830 501

terrylt@quindell.com

 

Notes to Editors:

 

About Quindell Portfolio Plc

Quindell, the Brand Extension Company, helps its clients, investments and partners to utilise their brands, enabling them to achieve greater sales, extend the brand into new product offerings and take advantage of alternative routes to market including white labeling, franchising and using broker and agency channels.

Quindell also provides clients with its cloud based technology to deliver the necessary framework to support the online, office and field based sales and service expectations of both its clients and their customers in an efficient and cost effective manner.

In addition to extending the customer wallet share of its clients' brands, Quindell's solutions are focused on generating improvements in efficiency and effectiveness for all of its clients, and savings of over 20% against industry norms are targeted. 

The Group's consultancy arm drives the business transformation of its clients, and is supported by its leading edge technology, technology enabled outsourcing, membership schemes, social media and e-commerce with out of the box implementations.

The Group currently works with more than 1,800 companies from SMEs to national and international brands around the globe, and its solutions are applied in the following sectors and their related supply chains: 

·; Technology, Telecommunications and Utilities

·; Finance, Insurance and Legal Services

·; Leisure, Retail and E-commerce

·; Education

Quindell Portfolio joined the market through Mission Capital plc. The Group was readmitted to the market on 17 May 2011 following the Company's acquisition of the whole of the issued share capital of Quindell Limited. On 18 July, the Company was renamed Quindell Portfolio Plc.

For further information, please visit www.quindell.com 

 

 

ENDS

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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