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Director Shareholding

10th Nov 2014 10:59

RNS Number : 5836W
Quindell PLC
10 November 2014
 



For immediate release

 

Quindell Plc

("Quindell", the "Company")

Director Shareholding

 

The Board of Quindell Plc (AIM: QPP.L) has been informed that Robert Terry has today purchased 250,000 ordinary shares of 15 pence each in the Company ("Ordinary Shares") at a price of £1.0225 per share.

Following this purchase, Mr Terry has an interest 38,050,000 Ordinary Shares(1) with voting rights (representing 8.72% of the issued share capital of the Company) and a total interest in 46,900,000 Ordinary Shares(1), (2) (representing 10.75% of the issued share capital of the Company).

The total issued ordinary share capital of the Company comprises 436,345,424 Ordinary Shares.

(1) Includes Ordinary Shares held as family interests or by virtue of position as beneficiary or potential beneficiaries of certain trusts or companies.

(2) As stated in the announcement of 10 November 2014 issued earlier today, under the agreements between Mr Terry and Equity First Holdings LLC, Mr Terry has agreed to repurchase the transferred shares or equivalent shares at a price calculated by reference to the value at the time of the Agreements at the end of the two year period. For this reason Mr Terry continues to have an interest in these Ordinary Shares and they are therefore included in his total interest in Ordinary Shares.

 

For further information:

 

Quindell PlcRobert Terry, Chairman

 

Laurence Moorse, Group Finance Director

 

Stephen Joseph, Head of Investor Relations

 

Tel: 01489 864201

[email protected]

Tel: 01489 864205

[email protected]

Tel: 01489 864200

[email protected]

 

 

Cenkos Securities plcJoint Broker and Nominated AdviserStephen Keys/Mark Connelly

 

Canaccord Genuity Limited

Joint Broker and Financial Adviser

Simon Bridges/Bruce Garrow

 

 

Tel: 020 7397 8900

 

 

Tel: 020 7523 8000

 

 

 

Media EnquiriesRedleaf Polhill Limited

Rebecca Sanders-Hewett/Jenny Bahr

 

Bell Pottinger

Victoria Geoghegan/Will Powell

 

Tel: 020 7382 4730

q[email protected]

 

 

Tel: 020 3772 2562

[email protected]

 

 

For further information, please visit www.quindell.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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