Issue of Shares
Quindell Plc
(“Quindell”, the “Company” or the “Group”)
Quindell Plc (AIM: QPP.L), a market leading global provider of professional services and digital solutions, announces that, further to the announcement on 14 July 2014, it has issued 101,586 new ordinary shares, being the remainder of the first third of the deferred equity consideration payable to the sellers, in respect of the acquisition of iter8 Inc., which was concluded and announced on 18 April 2013.
Application will be made for the 101,586 new ordinary shares to be admitted to trading on AIM, with admission of the shares expected to occur on 11 December 2014. Following admission, Quindell will have 436,447,010 ordinary shares in issue. The Company has no ordinary shares held in treasury. The total of 436,447,010 ordinary shares may therefore be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA’s Disclosure and Transparency Rules.
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