3 July, 2013
The directors of Randall & Quilter (AIM:RQIH), the specialist non-life insurance investor, service provider and underwriting manager, are pleased to announce that the High Court of England and Wales (“Court”) has today approved the scheme of arrangement between Randall & Quilter Investment Holdings plc (“Old R&Q”) and its members under sections 895 to 899 of the Companies Act 2006 (the “Scheme”) at the Scheme Sanction Hearing.
The Scheme, which is expected to become effective on 5 July 2013 following the completion of certain mechanical processes, will result in New R&Q, which has adopted the name Randall & Quilter Investment Holdings Ltd., becoming the holding company of Old R&Q.
On the Scheme becoming effective, Scheme Shareholders will receive one new R&Q share for every one Old R&Q Share held at the Scheme Record Time (expected to be 6.00 p.m. (BST) on 4 July 2013).
Subject to the completion of necessary mechanical processes, it is expected that the cancellation of the Old R&Q Shares and the issue of the New R&Q Shares to Scheme Shareholders will each occur at 7:00 a.m. (BST) on 5 July 2013; and that the cancellation of the Old R&Q Shares from trading on AIM, the admission of New R&Q Shares to trading on AIM, the crediting of Depository Interests representing New R&Q Shares held in uncertificated form to CREST accounts and the commencement of dealings in New R&Q Shares on AIM, will each occur at 8:00 a.m. (BST) on 5 July 2013. The Company will make an appropriate announcement to the market on these events taking place.
The ticker for New R&Q shares will remain the same (AIM:RQIH), while there will be a new ISIN for New R&Q, which is BMG7371X1065, applicable upon Admission.
Capitalised terms used but not defined in this announcement have the meaning given to them in the circular despatched to shareholders of Old R&Q on 17 May 2013.
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 …
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 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 …