Randall & Quilter Inv Hldgs Ltd Result of General Meeting (2983S)

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RNS Number : 2983S

Randall & Quilter Inv Hldgs Ltd

29 September 2017

Randall & Quilter Investment Holdings Ltd.

Result of General Meeting

29 September 2017

The Board of Randall & Quilter Investment Holdings Ltd. (AIM:RQIH) (the "Company"), the specialist non-life insurance investor, service provider and underwriting manager, today held the General Meeting referred to in the notice to shareholders of the Company dated 6 September 2017.

The resolution set out in the notice convening the General Meeting for the proposed return of capital to shareholders has been duly passed.

Ends

Enquiries to:

 
  Randall & Quilter Investment    www.rqih.com 
    Holdings Ltd. 
   Tom Booth                       Tel: +1 441 247 
                                    8330 
 
    Numis Securities Limited (Nominated Adviser) 
   Stuart Skinner                  Tel: 020 7260 
                                    1000 
   Charles Farquhar                Tel: 020 7260 
                                    1000 
 
    Shore Capital Stockbrokers Limited 
   Dru Danford / Stephane Auton    Tel: 020 7408 
                                    4090 
   FTI Consulting 
    Edward Berry/Tom Blackwell      Tel: 020 3727 
                                    1046

Notes to Editors:

About R&Q

Randall & Quilter pursues a buy and build strategy and has created a comprehensive range of investment activities and services in the global non-life insurance market.

R&Q is focused on the following three areas:

   --      Insurance Investments 
   --      Insurance Services 
   --      Underwriting Management

The Group:

-- provides a range of services to both the live and legacy (re)insurance markets to support growing businesses and address complex and challenging run-off issues;

-- employs over 400 insurance professionals based in Bermuda, the US and Europe with wide service capability in both the 'live' and 'run-off' markets;

-- owns and manages a portfolio of insurance companies, both active and in run-off, in Bermuda, the US and Europe with net assets of GBP201m as at 30 June 2017;

-- owns an admitted P&C Insurer, A- rated by AM Best, with licenses throughout the US; owns a Bermuda Class 3A insurance company;

-- launched Syndicate 1991, which commenced underwriting from January 1, 2013 and has an agreed capacity of GBP127m for 2017, manages one RITC ('run-off') syndicate, 3330, and owns and operates an MGA platform;

-- acquires and manages a portfolio of insurance receivables, with a carrying cost of GBP5.1m as at 30 June 2017

The Group was founded by Ken Randall and Alan Quilter in 1991.

Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94

Website: www.rqih.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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