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Director/PDMR Shareholding

9th Oct 2009 11:31

RNS Number : 5351A
Randall & Quilter Inv Hldgs PLC
09 October 2009
 



 

Randall & Quilter Investment Holdings plc

("the Company")

Director/PDMR Shareholdings

 

Randall & Quilter Investment Holdings plc provides an announcement regarding Disclosure and Transparency Rule 3.1.4R(1) and AIM Rule 17: Notification of transactions of directors, persons discharging managerial responsibility or connected persons.

The Board of Randall & Quilter Investment Holdings plc (AIM: RQIH) announces that it has received notification from Kenneth Randall (Chairman & Chief Executive) on 5 October 2009 of his intention to pledge part of his holding of ordinary shares of 2p each ("Shares") as security for a loan facility. Mr Randall has subsequently entered into a general pledge over Shares amounting to a minimum of £2.5m as security for the loan facility, and this currently equates to 1,976,285 Shares, based on the closing share price of 126.5 pence per Share as at 8 October 2009. Mr Randall currently holds 21,804,000 Shares in the Company, representing 39 per cent. of the issued share capital. This represents the maximum number of Shares available to be pledged as security for the loan facility.

No other director of the Company has granted security over or entered into any financial instructions relating to any of their holdings of ordinary shares of 2p in the Company. 

Enquiries:

Randall & Quilter Investment Holdings plc

 

Ken Randall

Tel: 020 7780 5945

Alan Quilter

Tel: 020 7780 5943

Clean Communications 

 

PJ Lewis

Tel: 07932 351 704

 

Email: [email protected]

Noble & Company Limited

 

John Riddell

Tel: 020 7763 2200

Sunil Sanikop

Tel: 020 7763 2200

Numis Securities Limited

 

Charlie Farquhar

Tel: 020 7260 1233

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

Related Shares:

RQIH.L
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