29th Sep 2014 07:41
LONDON (Alliance News) - Quindell PLC Monday said it knows of no reason for the recent fall in its share price.
The insurance claims outsourcing company's shares have fallen 13% in the past seven days.
Quindell said it would provide a trading update to markets on or around October 15 and said this would show a strong performance for the company in all key performance indicators.
Shares in Quindell jumped on the statement on Monday, rising 7.5% to 146.75 pence, to make it one of the best performers on the AIM All-Share.
By Sam Unsted; [email protected]; @SamUAtAlliance
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