Director/PDMR Shareholding
Updated : 16:54
Randall & Quilter Investment Holdings Ltd.
("R&Q", the "Group" or the "Company")
PDMR Shareholding
27 July 2020
Following the Company's bonus share distribution for the 2019 financial year, the Company has been notified of the following changes to PDMR shareholdings:
Kenneth Randall received 519,463 new ordinary shares. His total holding is therefore 11,447,649 ordinary shares representing 5.14% of the Company's issued share capital and 5.14% of the total voting rights.
Alan Quilter received 136,003 new ordinary shares. His total holding is therefore 3,128,091 ordinary shares representing 1.41% of the Company's issued share capital and 1.40% of the total voting rights.
William Spiegel received 235,387 new ordinary shares. His total holding is therefore 5,413,911 ordinary shares representing 2.43% of the Company's issued share capital and 2.43% of the total voting rights. William's shares are restricted ordinary shares which will, subject to certain conditions, become unrestricted on 10 January 2023.
Todd Campbell received 7,194 new ordinary shares. His total holding is therefore 179,062 ordinary shares representing 0.08% of the Company's issued share capital and 0.08% of the total voting rights.
The Company hereby provides the following notification, made in accordance with the requirements of the EU Market Abuse Regulation.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Kenneth Randall | |
2 | Reason for the notification | ||
a) | Position/status | Executive Director and Group Chairman | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Randall & Quilter Investment Holdings Ltd. | |
b) | Legal Entity Identifier | 2138006K1U38QCGLFC94 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary shares of 2 pence each of the Company
BMG7371X1065 | |
b) | Nature of the transaction | Bonus Share Distribution of 1 ordinary share for every 22 approved on 9 July 2020 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price | Volume |
N/A
| 519,463 ordinary shares
| ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
519,463 ordinary shares N/A N/A | |
f) | Date of the transaction | 15 July 2020 | |
g) | Place of the transaction | Outside of a trading venue | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Alan Quilter | |
2 | Reason for the notification | ||
a) | Position/status | Chief Executive Office and Chief Financial Officer | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Randall & Quilter Investment Holdings Ltd. | |
b) | Legal Entity Identifier | 2138006K1U38QCGLFC94 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary shares of 2 pence each of the Company
BMG7371X1065 | |
b) | Nature of the transaction | Bonus Share Distribution of 1 ordinary share for every 22 approved on 9 July 2020 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price | Volume |
N/A
| 136,003 ordinary shares
| ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
136,003 ordinary shares N/A N/A | |
f) | Date of the transaction | 15 July 2020 | |
g) | Place of the transaction | Outside of trading venue | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | William Spiegel | |
2 | Reason for the notification | ||
a) | Position/status | Deputy Executive Chairman | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Randall & Quilter Investment Holdings Ltd. | |
b) | Legal Entity Identifier | 2138006K1U38QCGLFC94 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary shares of 2 pence each of the Company
BMG7371X1065 | |
b) | Nature of the transaction | Bonus Share Distribution of 1 ordinary share for every 22 approved on 9 July 2020 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price | Volume |
N/A
| 235,387 ordinary shares
| ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
235,387 ordinary shares N/A N/A | |
f) | Date of the transaction | 15 July 2020 | |
g) | Place of the transaction | Outside of trading venue | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Todd Campbell | |
2 | Reason for the notification | ||
a) | Position/status | President & Chief Executive Officer, Accredited Surety and Casualty, Inc. | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Randall & Quilter Investment Holdings Ltd. | |
b) | Legal Entity Identifier | 2138006K1U38QCGLFC94 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary shares of 2 pence each of the Company
BMG7371X1065 | |
b) | Nature of the transaction | Bonus Share Distribution of 1 ordinary share for every 22 approved on 9 July 2020 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price | Volume |
N/A
| 8,103 ordinary shares
| ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
8,103 ordinary shares N/A N/A | |
f) | Date of the transaction | 15 July 2020 | |
g) | Place of the transaction | Outside of trading venue | |
-Ends-
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Notes to Editors:
About R&Q
R&Q is a non-life global specialty insurance company operating two core, highly complementary, businesses: Program Management and Legacy Insurance. Both these businesses are leaders in markets with high barriers to entry and significant secular growth opportunities.
Legacy Insurance generates profits and capital extractions from expert management of legacy non-life insurance portfolios. Program Management generates commission income from its licensed (and rated) carriers in the US, EU and the UK, writing niche and profitable program business, largely on behalf of highly rated reinsurers.
For the financial year ended 31 December 2019 R&Q reported pre-tax profits of over £40 million.
Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94
Website: www.rqih.com
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