• 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

Adjournment of Special General Meeting
Adjournment of Special General Meeting

Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (the “Company”, and together with its subsidiary undertakings “R&Q”), announces that the Special General Meeting (“SGM”) that was held earlier today, 20 May 2022, at 2.00 p.m. has been adjourned for a short …

Publication and posting of Circular
Publication and posting of Circular

On 1 April 2022, Brickell and R&Q announced that they had agreed the terms of a recommended cash acquisition of the entire issued ordinary share capital of R&Q by Brickell (the “Acquisition”) as well as $100 million of new equity …

Recommended Acquisition of Randall & Quilter Investment Holdings Ltd by Brickell PC Insurance Holdings LLC
Recommended Acquisition of Randall & Quilter Investment Holdings Ltd by Brickell PC Insurance Holdings LLC

RECOMMENDED ACQUISITION of Randall & Quilter Investment Holdings Ltd by Brickell PC Insurance Holdings LLC and commitment to provide $100 million of new equity funding Summary Brickell PC Insurance Holdings LLC (“Brickell”) and Randall & Quilter Investment Holdings Ltd (“R&Q”) are pleased …