TIDMRQIH

RNS Number : 7076Y

R&Q Insurance Holdings Ltd

04 January 2024

R&Q Insurance Holdings Ltd

("R&Q" or the "Company")

Increase in the number of Treasury Shares

4 January 2024

R&Q Insurance Holdings Ltd (AIM: RQIH) ("R&Q" or the "Group"), the leading non-life global specialty insurance company focusing on the Program Management ("Accredited") and Legacy Insurance ("R&Q Legacy") businesses, announces that on 2 January 2024, 72,013 Ordinary Shares were purchased by the Company in accordance with a former employee's share award agreement to fund tax liabilities arising from the vesting of the final tranche of a share award. The shares purchased by the Company are held in Treasury and consequently the number of Treasury Shares has increased to 3,862,930.

Total Voting Rights

As a result of this transaction the total issued share capital will remain 377,395,235 Ordinary Shares. Of which 3,862,930 Ordinary Shares are now held in Treasury. Therefore, the total number of voting rights will be 373,532,305 and may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries to:

 
R&Q Insurance Holdings Ltd.                Tel: 020 7780 5850 
 Jeff Hayman 
  William Spiegel 
  Tom Solomon 
 Deutsche Numis (Nominated Advisor & Joint  Tel: 020 7260 1000 
  Broker) 
  Giles Rolls 
  Charles Farquhar 
 Barclays Bank PLC (Joint Broker) 
  Gary Antenberg                             Tel: 020 7632 2322 
  Richard Bassingthwaighte 
 FTI Consulting 
  Tom Blackwell                              Tel: 020 3727 1051 
 

Notes to Editors:

About R&Q

R&Q is a global non-life specialty insurance company. We operate two core businesses: Program Management and Legacy Insurance. Both these businesses are leaders in their respective markets.

Our approach is to deploy our origination and underwriting capabilities, alongside our licensed and rated carriers in the US, EU, and the UK, to generate attractive fee returns in Program Management and Legacy Insurance.

Legal Entity Identifier (LEI): 2138006K1U38QCGLFC94

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END

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(END) Dow Jones Newswires

January 04, 2024 11:27 ET (16:27 GMT)

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