Quindell share prices rises as regulators give Slater & Gordon disposal the nod May 22, 2015 Quindell shares opened 2.7 per cent higher at 132p this morning after it revealed the Financial Conduct Authority (FCA) had given its plans to sell its law arm the thumbs up. The company announced plans to sell its professional services division, which accounts for 90 per cent of its business, to Slater & Gordon in [...]
Quindell share price dips slightly after it issues more shares May 19, 2015 Shares in the embattled insurance outsourcer Quindell were trading down 0.2 per cent at 127p today after it said it had issued over four million new ordinary share. This was after Quindell said it had issued 4,012,694 new ordinary shares, being remainder of deferred equity consideration payable to sellers in respect of acquisition of iter8. [...]
Endurance International Group’s share price is tanking after Gotham City compared it to Quindell, Gowex April 28, 2015 Gotham City Research has got investors' attention with a note about Endurance International Group (EIGI), with a target share price of “$0.00 per share”. The shadowy analyst firm posted an intriguing tweet earlier today saying it had found a company “that gets us just as excited as Quindell and Gowex did”. https://twitter.com/GothamResearch/status/593045486216425472 [...]
Quindell share price edges up as investors vote in favour of Slater & Gordon deal April 17, 2015 Quindell shareholders have voted overwhelmingly in favour of a deal to sell its professional services arm to Australian law firm Slater & Gordon, with 99.1 per cent in favour of the deal. Shares in the company rose 1.3 per cent to 133p after the vote, which took place at an extraordinary general meeting held in [...]
Former Quindell chairman Rob Terry gives his verdict on Slater & Gordon deal April 17, 2015 It's crunch time for the £673m deal between Quindell and Australian law firm Slater & Gordon. As the embattled insurance claims processor's shareholders prepare to vote on the disposal of its legal business to Slater & Gordon today, ex-chairman Rob Terry has indirectly given his verdict on the deal. More on this story: Quindell shareholders vote [...]
Quindell lines up Mark Williams as finance chief after Slater & Gordon sale April 14, 2015 Quindell has lined up a new chief to take the reigns of its finances after the sale of its legal services arm to Slater & Gordon. Mark Williams, part of the consultancy which was brought in to review Quindell's business in January following the departure of chairman Rob Terry, will join the firm when the [...]
Quindell rocked by mistake in deal documents April 1, 2015 TROUBLED Quindell was forced to suspend its shares from trading on Aim for several hours yesterday, after making a “small mistake” in announcing the sale of its professional services division (PSD). The firm also had to cancel a number of trades that took place immediately following the suspension. Quindell confirmed on Monday that it was [...]
Quindell admits it got its sums wrong on Slater & Gordon deal to the tune of £13.5m following share suspension April 1, 2015 The mystery of this morning's decision to suspend trading in Quindell shares has been solved, after the troubled insurance claims processor admitted it had understated the amount its professional services division contributed to the company, to the tune of £13.5m. Shares were restored this afternoon after the company posted a statement several hours after its [...]
Quindell suspends trading in its shares on Aim April 1, 2015 Quindell has suspended trading in its shares on Aim "pending an announcement", it said today. The London Stock Exchange issued a notice saying it had taken the decision to cancel 126 trades made between 9.40am and 9.42am, equating to a volume of 403,512. UPDATE: Quindell shares resume trading, mystery of share suspension is solved Shares [...]
Quindell founder sends shares in Daniel Stewart soaring by 750pc March 31, 2015 SHARES in stockbroker Daniel Stewart Securities rocketed by 750 per cent yesterday, after ex-Quindell boss Rob Terry upped his stake in the firm to 7.4 per cent. Yesterday afternoon, Daniel Stewart addressed the spike in its shares, which jumped from 0.2p to 1.7p. “The company notes the recent movement in its share price and confirms, [...]