8 May 2014 07:00
For release 7am 8 May 2014
Quindell Plc
("Quindell", the "Company" or the "Group")
Director/PDMR Shareholding
The Board of Quindell Plc (AIM: QPP.L) has been informed that Paul Stanley, Founder and Chief Executive of 360 GlobalNet Limited, a member of the Group's Strategy and Integration Advisory Board, and a Person Discharging Managerial Responsibility (PDMR) of the Company, has yesterday purchased 500,000 Ordinary Shares of 1 penny each at a price of 20.0 pence per share.
Following this transaction, Mr Stanley is interested in a total of 2,141,935 Ordinary Shares in the Company, representing approximately 0.03% of the total issued share capital.
For further information:
Quindell PlcRob Terry, Founder and Executive Chairman
Laurence Moorse, Group Finance Director
| Tel: 01489 864201 terryr@quindell.com Tel: 01489 864205 moorsel@quindell.com |
Cenkos Securities plcJoint Broker and Nominated AdvisorStephen Keys/Bobbie Hilliam
Canaccord Genuity Limited Joint Broker and Financial Advisor Simon Bridges Bruce Garrow |
Tel: 020 7397 8900
Tel: 020 7523 8000
|
Media EnquiriesRedleaf Polhill Limited Rebecca Sanders-Hewett Jenny Bahr |
Tel: 020 7382 4730 quindell@redleafpr.com
|
Notes to Editors:
About Quindell Plc
Quindell Plc is a provider of sector leading expertise in software, consultancy and technology enabled outsourcing in its key markets being insurance, telecommunications and their related sectors. Quindell enters 2014 with a run rate of gross sales approaching £600 million and approaching £200 million of EBITDA, and has announced new contract wins since the start of 2014 that amount to a further £500+ million due to start during 2014. Our award winning business transformational, software, consultancy and outsourcing solutions are recognised as delivering significant savings and additional sales to our customers every year.
For further information, please visit www.quindell.com