Further Investment in Mobile Doctors Group plc (8367P)
10 10월 2011 - 3:10PM
UK Regulatory
TIDMQPP TIDMMDG
RNS Number : 8367P
Quindell Portfolio PLC
10 October 2011
RNS Release Embargoed until 7.10am on Monday 10 October 2011
Quindell Portfolio Plc
("Quindell", the "Company" or the "Group")
Further Investment in Mobile Doctors Group plc
Quindell Portfolio Plc (AIM: QPP.L), a leading brand extension
business, is pleased to announce that it has increased its
investment in Mobile Doctors Group Plc (AIM: MDG.L) ("Mobile
Doctors"), one of the leading providers of medico-legal reports for
personal injury claims in the UK market, taking its ownership to
approximately 16.9%.
The investment of 1,434,471 shares representing approximately
8.6% of the issued share capital of Mobile Doctors, has been
acquired today in exchange for the issue by Quindell of 8,367,748
Ordinary Shares of GBP0.01 each in the Company.
The share exchange was based on the same ratio as for the
Company's initial purchase of shares in Mobile Doctors at a price
of 3 pence per Quindell share valuing the stake at GBP251,032. The
Quindell shares will be subject to lock-in arrangements for a
period of 12 months.
Application has been made for the 8,367,748 Ordinary Shares of
GBP0.01 each to be admitted to trading on AIM. Admission of the
shares is expected to occur on 13 October 2011. Following Admission
Quindell will have 1,654,904,031 Ordinary Shares in issue.
Rob Terry, Chairman & Chief Executive of Quindell said: "We
are very pleased to be increasing our shareholding in Mobile
Doctors. The Mobile Doctors brand is already well established
within the area of medico-legal reporting for personal injury
claims and we look forward to working with them to further leverage
the brand, enabling them to gain additional sales and extend into
new product offerings."
For further information:
Quindell Portfolio Plc Tel: 01329 830 501
Rob Terry, Chairman & Chief Executive terryr@quindell.com
Laurence Moorse, Group Finance Director Tel: 01329 830 534
moorsel@quindell.com
Daniel Stewart & Company Plc Tel: 020 7776 6550
(Nominated Adviser & Broker) oliverr@danielstewart.co.uk
Oliver Rigby/Tessa Smith
Media Enquiries Tel: 020 7566 6720
Redleaf Polhill Limited quindell@redleafpolhill.com
Rebecca Sanders-Hewett Tel: 01329 830 501
Jenny Bahr terrylt@quindell.com
Quindell Portfolio Plc
Tracey Terry, Chief Communications
Officer
Notes to Editors:
About Quindell Portfolio Plc
Quindell, the Brand Extension Company, helps its clients,
investments and partners to utilise their brands, enabling them to
achieve greater sales, extend the brand into new product offerings
and take advantage of alternative routes to market including white
labelling, franchising and using broker and agency channels.
Quindell also provides clients with its cloud based technology
to deliver the necessary framework to support the online, office
and field based sales and service expectations of both its clients
and their customers in an efficient and cost effective manner.
In addition to extending the customer wallet share of its
clients' brands, Quindell's solutions are focused on generating
improvements in efficiency and effectiveness for all of its
clients, and savings of over 20% against industry norms are
targeted.
The Group's consultancy arm drives the business transformation
of its clients, and is supported by its leading edge technology,
technology enabled outsourcing, membership schemes, social media
and e-commerce with out of the box implementations.
The Group currently works with more than 1,000 companies from
SMEs to national and international brands around the globe, and its
solutions are applied in the following sectors and their related
supply chains:
-- Finance
-- Insurance
-- Legal Services
-- Telecommunications
-- Utilities
-- Leisure
-- Retail
-- Education
Quindell Portfolio joined the market through Mission Capital
plc. The Group was readmitted to the market on 17 May 2011
following the Company's acquisition of the whole of the issued
share capital of Quindell Limited. On 18 July, the Company was
renamed Quindell Portfolio Plc.
For further information, please visit www.quindell.com
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCLLFEDIFLDIIL
Mobile Doctors (LSE:MDG)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Mobile Doctors (LSE:MDG)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024
