3rd Mar 2014 07:00
Embargoed to 7am on Monday 3 March 2014
Quindell Plc
Notification of Major Interest in Shares
("Quindell", or the "Company")
Quindell Plc (AIM: QPP.L), the provider of sector leading expertise in software, consultancy and technology enabled outsourcing in its key markets, being Insurance, Telecommunications and their related sectors was informed on 28 February 2014 that as from 26 February 2014, FMR LLC now holds 306,627,064 shares in the Company, compared to a holding of 299,709,184 shares, previously announced on 14 February 2014. The shares are held across the following custodians and advisors:
Custodian | Advisor | Total |
Brown Brothers Harriman and Co | FMR-Fidelity Management and Research | 148,080,525 |
FMTC-Fidelity Management Trust Company | 24,900 | |
CIBC Mellon Trust (c) | Fidelity Invts-Fidelity Investments Canada | 815,400 |
Citibank NA | FMR-Fidelity Management and Research | 46,653,539 |
JPMorgan Chase Bank | FMR-Fidelity Management and Research | 49,016,777 |
FMTC-Fidelity Management Trust Company | 232,100 | |
Mellon Bank NA (c) | FMR-Fidelity Management and Research | 1,056,694 |
State Street Bank and Tr Co | FMR-Fidelity Management and Research | 49,879,764 |
Pgallc-Pyramis Global Advisors, LLC. | 10,014,965 | |
Pgatc-Pyramis Global Advisors Trust Company | 852,400 | |
Grand Total | 306,627,064 |
Based on 6,186,974,429 ordinary shares, being the number of shares in issue following the issue of new shares in relation to the acquisition of Himex announced by the Group on 18 February 2014, the new shareholding represents approximately 4.96% issued share capital of the Company.
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 together with those under final negotiation amount to a further £450m 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