20 May, 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 notice of annual general meeting incorporating a circular which sets out details in relation to a proposed return of capital to the Company’s shareholders (“Return of Capital”) and convening the annual general meeting of the Company to be held at 12:00 p.m. on 12 June 2019 at 71 Fenchurch Street, Ground Floor, London EC3M 4BS (“Annual General Meeting”), has been posted to the Company’s shareholders today (“Circular”).
The Return of Capital involves the creation and capitalisation of the AB Shares from monies standing to the credit of the Company’s share premium account and the Reduction of Capital.
To effect the Return of Capital:
The Return of Capital (including the creation and capitalisation of the AB Shares and the Reduction of Capital) is subject to the approval of the Shareholders at the Annual General Meeting.
A copy of the Circular containing more information in relation to the Return of Capital and Reduction of Capital is available here.
Terms defined in the Circular have the same meaning when used in this announcement.
Click here for the full press release
Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce the issuance of a reinsurance agreement to assume the legacy liabilities from the Bermudian captive of a US based airline. The reinsurance is written by the R&Q owned A- …
Randall & Quilter Investment Holdings Ltd. (“R&Q”) is pleased to announce that its wholly owned subsidiaries, Accredited Surety and Casualty Company, Inc. (“Accredited US”) and Accredited Insurance (Europe) Limited (“Accredited Europe”), have recently completed a number of new program partnerships …
R&Q is pleased to announce the issuance of a loss portfolio transfer reinsurance covering workers’ compensation, product, auto, and general liability risks. This coverage was written by R&Q’s wholly owned A- admitted carrier, Accredited Surety and Casualty Company, Inc. for …