1st May 2014 07:21
For immediate release 1 May 2014
Quindell Plc
("Quindell", the "Company" or the "Group")
Director/PDMR Shareholding
The Board of Quindell Plc (AIM: QPP.L) has been informed that Tim Scurry, Group Chief Executive Officer - Solutions Division, a Person Discharging Managerial Responsibility (PDMR) of the Company, purchased 100,000 Ordinary Shares of 1 penny each at a price of 25.3 pence per share on 30 April 2014.
Following this transaction, Mr Scurry has interest in 20,648,457 Ordinary shares representing approximately 0.3% of the total issued share capital, comprising 100,000 Ordinary Shares in the Company together with 20,548,457 shares to be issued by the Company over the next two years in connection with its acquisition of iter8 Inc on 18 April 2013.
For further information:
Quindell PlcRob Terry, Founder and Executive Chairman
Laurence Moorse, Group Finance Director
| Tel: 01489 864201 Tel: 01489 864205 |
Cenkos Securities plcJoint Broker and Nominated AdvisorStephen Keys/Bobbie Hilliam
Canaccord Genuity Limited Joint Broker and Financial Advisor Simon Bridges Bruce Garrow |
Tel: 020 7397 8900
Tel: 020 7523 8000
|
Media EnquiriesRedleaf Polhill Limited Rebecca Sanders-Hewett Jenny Bahr |
Tel: 020 7382 4730
|
Notes to Editors:
About Quindell Plc
Quindell Plc is a provider of sector leading expertise in software, consultancy and technology enabled outsourcing in its key markets being insurance, telecommunications and their related sectors. Quindell enters 2014 with a run rate of gross sales approaching £600 million and approaching £200 million of EBITDA, and has announced new contract wins since the start of 2014 that amount to a further £500+ million due to start during 2014. Our award winning business transformational, software, consultancy and outsourcing solutions are recognised as delivering significant savings and additional sales to our customers every year.
For further information, please visit www.quindell.com
Related Shares:
WTG.L