11th Nov 2014 07:00
Embargoed for release 11 November 2014 07:00
Quindell Plc
("Quindell", the "Company")
Director Shareholding
The Board of Quindell Plc (AIM: QPP.L) has been informed that Robert Terry purchased on 10 November a further 50,000 ordinary shares of 15 pence each in the Company ("Ordinary Shares") at a price of £0.9771 per share, in addition to the purchase of 250,000 ordinary shares reported yesterday.
Following this purchase, Mr Terry has an interest in 38,100,000 Ordinary Shares(1) with voting rights (representing 8.73% of the issued share capital of the Company) and a total interest in 46,950,000 Ordinary Shares(1), (2) (representing 10.76% 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, under the agreement 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 Agreement 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 Tel: 01489 864205 Tel: 01489 864200
|
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
Tel: 020 3772 2562
|
For further information, please visit www.quindell.com
Related Shares:
WTG.L