• Strategy
  • Innovation
  • Expertise

Broker Option Update

6 March, 2017

Further to the announcement on 28 February 2017 that it has conditionally raised gross proceeds of approximately £16.9 million through the Placing, R&Q is pleased to announce that it has conditionally raised additional gross proceeds of approximately £1.0 million via the Broker Option. An additional 854,700 new ordinary shares have been placed by Numis Securities Limited at a price of 117 pence per share. The Board is pleased to confirm that there was significant demand via the Broker Option and that the book was over-subscribed.

As such, a total of 15,278,291 new ordinary shares have been placed via the Placing and Broker Option, raising gross proceeds for the Company of £17.9 million, conditional upon the passing of the requisite shareholder resolutions at the General Meeting on 27 March 2017. Application will be made for the Placing and Broker Option Shares to be admitted to trading on AIM. Admission and dealings in the new shares is expected to take place at 8.00 a.m. on 28 March 2017.

Defined terms used in this announcement bear the same meaning as those used in the announcement dated 28 February 2017.

Click here for the full Press Release

Broker Option Update

Latest News

Notice of AGM and Proposed Return of Capital June 2019
Notice of AGM and Proposed Return of Capital June 2019

Following the announcement of the Group’s full year results on 29 April 2019, the Board of Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (“Company”), the specialist non-life insurance investor, service provider and underwriting manager, is pleased to confirm that a …

Directors’ Shareholding/Total Voting Rights
Directors’ Shareholding/Total Voting Rights

The Company has been notified that on 3 May 2019 Kenneth Randall, Chairman and Chief Executive Officer of the Company, sold 3,000,000 of his holding of ordinary shares in the Company. Mr Randall continues to hold 11,428,186 ordinary shares which …

Board Appointment
Board Appointment

Randall & Quilter Investment Holdings Ltd., the non-life legacy insurance investor and capacity provider of US European MGA program business, is pleased to announce the appointment of Joanne (‘Jo’) Patricia Fox to the Board as a non-executive director of the …