29 Dec 2011 14:21

Quindell Portfolio Plc
("Quindell" or the "Group")
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Issue of Equity
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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").
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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.
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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 |
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