16 March, 2020
Randall and Quilter Investment Holdings Ltd. (the “Group“ or “Company”) announces that from today until 27 April 2020 it will commence a programme to purchase up to £2 million of the Company’s ordinary shares of 2 pence each (the “Ordinary Shares”) (the “Programme”).
The Programme will be funded by the Company’s cash reserves. Any shares repurchased by the Company will be held in treasury.
The Programme will be conducted by the Company in accordance with the Bermuda Companies Act 1981 and has been authorised by the Board.
In compliance with the Market Abuse Regulation 596/2014 (the “Market Abuse Regulation”), the Company has entered into an irrevocable and non-discretionary agreement with Numis Securities Ltd to complete the Programme.
Any share repurchases under the Programme will be effected within certain pre-set parameters, and in accordance with the Market Abuse Regulation and the Commission Delegated Regulation (EU) 2016/1052.
The Programme will be conducted by Numis Securities Ltd.
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