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Issue of Equity

29 Dec 2011 14:21

RNS Number : 7546U
Quindell Portfolio PLC
29 December 2011
 



Quindell Portfolio Plc

("Quindell" or the "Group")

 

Issue of Equity

 

Pursuant to the announcement made by the Group earlier today, the Board of Quindell has today issued and allotted 2,144,979 new ordinary shares of 1 pence each ("Ordinary Shares") ("New Shares").

 

Application has been made for the New Shares to be admitted to trading on AIM. Admission of the New Shares is expected to occur on 5 January 2012. Following Admission Quindell will have 2,004,114,720 Ordinary Shares in issue. This is the number which should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

 

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

 

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