6 Jan 2012 14:32
Quindell Portfolio Plc
("Quindell", the "Company")
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 500,000 ordinary shares of 1 pence each ("Ordinary Shares") at an average price of 6.51 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 681,500,000 Ordinary Shares in the Company, representing approximately 34.01 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 6550
|
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