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Quindell plan on name change
- 09/11/2015
- Posted by: Simon Wait
- Category: News
Insurance technology company, Quindell, is planning to change its name to Watchstone Group, pending shareholder approval. The firm is also planning a 10-for-one share merger and a reduction of shareholder capital as part of the previously announced £414m payment to shareholders. A general meeting will be held on [...] -
Quindell reports further losses
- 30/09/2015
- Posted by: Simon Wait
- Category: News
Troubled insurance group Quindell has reported further losses and warned that the damage caused to its reputation by previous scandal is hindering it from making a recovery. The company posted a first-half pre-tax loss of £35.5m, showing almost no improvement on the £35.7m loss it suffered in 2014, on revenues [...] -
Tantalum open to Quindell takeover
- 17/08/2015
- Posted by: Simon Wait
- Category: News
Tantalum, a company owned by City financier Edi Truell, still wants to buy Quindell even though the Serious Fraud Office has launched a criminal investigation into the scandal-hit firm. Chief executive of Truell’s telematics venture Tantalum, Cedriane de Boucaud, said revelations Quindell had overstated its [...] -
Quindell statement
- 25/06/2015
- Posted by: Simon Wait
- Category: News
Quindell Plc (‘Quindell’ or the ‘Company’ or the ‘Group’) Further to the announcement on 29 May 2015 in respect of the completion of the disposal of the Group’s Professional Services Division (‘PSD’) and confirmation that PricewaterhouseCoopers LLP’s (‘PwC’) review of, inter alia, certain [...] -
FCA statement on Quindell PLC
- 24/06/2015
- Posted by: Simon Wait
- Category: News
The Financial Conduct Authority (FCA) notes the statements issued this morning by Quindell PLC. The FCA can confirm that it has commenced an investigation into Quindell PLC under the Financial Services and Markets Act 2000 in relation to public statements made regarding Quindell’s financial accounts during 2013 and [...] -
Quindell disposal update
- 22/05/2015
- Posted by: Simon Wait
- Category: News
On 30 March 2015, the Company announced that it had entered into a conditional sale and purchase agreement to dispose of its Professional Services Division to Slater and Gordon Limited (‘Disposal’) subject to certain conditions. The Board is pleased to announce that the approval of the Financial Conduct [...] -
Quindell appoints finance director
- 14/04/2015
- Posted by: Alan Feldberg
- Category: News
Following the proposed sale of its Professional Services Division to Slater and Gordon Ltd, Quindell has announced the appointment of Mark Williams as group finance director. On 30 March 2015, Quindell announced the proposed sale of its Professional Services Division to Slater and Gordon Limited and certain board [...] -
Quindell resumes AIM trading
- 02/04/2015
- Posted by: Alan Feldberg
- Category: News
Following its temporarily suspension on the AIM yesterday, Quindell recommenced trading yesterday afternoon. Yesterday, Quindell issued a statement on the London Stock Exchange stating: On 30 March 2015, the board of Quindell wrote to shareholders advising them that the company had entered into a conditional [...] -
Error found in Quindell deal
- 01/04/2015
- Posted by: Alan Feldberg
- Category: News
The Telegraph has reported that Quindell has suspended trading in its shares after a mistake was discovered in the information it has given shareholders about its £637m deal with Slater and Gordon. An official statement on the LSE is yet to be published. A spokesman for the AIM-listed company said it was a [...] -
Terry ups Daniel Stewart stake
- 01/04/2015
- Posted by: Alan Feldberg
- Category: News
Quindell founder Rob Terry has acquired a 7.4% stake in Daniel Stewart, sending the brokers' shares soaring. Shares in Daniel Stewart soared 750% to close at 1.7p, following the purchase of 31.25m shares by former executive chairman of Quindell, Rob Terry. The acquisition takes his number of shares to 52m, taking [...]
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