R&Q Insurance Holdings Ltd Appointment of Joint Provisional Liquidators
27 Juin 2024 - 8:00AM
RNS Regulatory News
RNS Number : 1206U
R&Q Insurance Holdings Ltd
27 June 2024
R&Q Insurance Holdings
Ltd
Appointment of Joint
Provisional Liquidators and Related Matters
27
June 2024
Further to the announcement on 24
June 2024 explaining that on 21 June 2024 R&Q Insurance
Holdings Ltd (AIM: RQIH) ("R&Q" or "the Company") had filed in the Supreme Court of
Bermuda an application to appoint joint provisional liquidators
("JPLs") to oversee the
liquidation and ultimately the winding up of the Company, a hearing
of an application took place at 11 am (Atlantic Daylight Time)
yesterday at which Michael Morrison, Mark Allitt and Charles Thresh
of Teneo (Bermuda) Limited were appointed as JPLs of
R&Q.
Consequently, Deutsche Numis
informed the Company of its intention to resign as Nominated
Adviser and Broker to the Company with immediate effect. The
Company's shares remain suspended from trading and pursuant to AIM
Rule 1, if a replacement Nominated Adviser is not appointed within
one month, the admission of the Company's shares to trading on AIM
will be cancelled. The Company has no intention of appointing a
replacement Nominated Adviser.
Shortly following the appointment of
the JPLs, Jeffrey Hayman, William Spiegel, Tom Solomon, Philip
Barnes, Eamonn Flanagan, Jo Fox, Lawrence Hirsh, Jerome Lande and
Robert Legett tendered their resignations as directors of the
Company.
As a consequence of the provisional
liquidation, it's anticipated that there will be very little, if
any, chance of any value accruing to the Company's
shareholders.
Any enquiries regarding the
provisional liquidation of R&Q should be submitted to:
RQIH-info@teneo.com.
-Ends-
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact
rns@lseg.com or visit
www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
APPEDLBLZQLZBBX
R&q Insurance (LSE:RQIH)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
R&q Insurance (LSE:RQIH)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024