Quindell Plc is a provider of innovative and sector leading expertise in Insurance Technology, Usage Based Insurance (UBI), and Connected Car Telematics.

We provide a complete set of advanced end-to-end solutions for Insurers; with industry proven UBI and gamification, claims, policy and analytics software.

Our brands work across the Insurance industry driving enhanced customer engagement with social media expertise and improved business process service management with the reassurance of unrivalled industry knowledge and enterprise technology software.

NEWS

02nd Nov 2015 Capital return update
30th Sep 2015 Interim Results Presentation For The Six Months Ended 30 June 2015
30th Sep 2015 Interim Results for the six months ended 30 June 2015
17th Aug 2015 Board appointment/Change of Nominated Adviser
06th Aug 2015 RESTORATION OF TRADING ON AIM
05th Aug 2015 Regulatory update
05th Aug 2015 Results and publication of Report and Accounts for the year ended 31 December 2014

EVENTS

26th Nov 2015 General Meeting
Insurance Telematics Europe 2015(14th-15th April | Park Plaza Victoria London, UK)


WEBSITES


DEDICATED & UPDATED POSTS

Ingenie



'Would you kindly' post Views/Speculations on one of the many other QPP threads,cheers.

Just a reminder that the audited results for the year ended 31 December 2014 are expected to be published prior to the end of June 2015.

http://www.quindell.com/press-releases/rns/completion-of-the-disposal-of-the-professional-services-division/

NOTICE

24/06/2015 7:55am

TEMPORARY SUSPENSION OF TRADING ON AIM


QUINDELL PLC

At the request of the company trading on AIM for the under-mentioned securities has been temporarily suspended from 24/06/2015 7:55am, pending an announcement

ORDINARY SHARES OF 15P EACH, FULLY PAID (BMTS9H8) (GB00BMTS9H89)

If you have any queries relating to the above, please contact the company's nominated adviser on 020 7397 8900.

http://www.moneyam.com/action/news/showArticle?id=5062581

24 June 2015
Quindell Plc
("Quindell" or the "Company" or the "Group")

Statement re. temporary suspension and update


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 Group accounting policies was complete, the Company has been progressing its own review and the audit of the Group's 2014 financial statements. The Company also confirmed that it had identified that certain of the accounting policies historically adopted by the Company, in respect of recognising revenue and deferring case acquisition costs in a number of the Group's disposed of businesses, were largely acceptable but were at the aggressive end of acceptable practice. PwC also identified that certain policies were not appropriate, principally those relating to the noise induced hearing loss cases revenue and related balances that became significant during 2014.

As the PSD will be treated as a "discontinued operation" in the 2014 financial statements (and subsequent periods), the changes to the Group's accounting policies are largely of historical interest only. Nevertheless, the changes will be to adopt a more conservative and appropriate approach to the recognition of revenues and profits in the PSD. The impact of these changes will materially impact previously reported results for the year ended 31 December 2013 and the six months ended 30 June 2014.

The Board has also commenced a review, along with its auditors, of a number of the Company's historic transactions and acquisitions. This work is on-going but the Company expects that it will shortly be in a position to announce additional information in relation to these transactions and acquisitions with a view to ensuring that more complete information is available in respect of the historical position; to ensure that any related party transactions are fully disclosed; and make associated corrections. These matters are largely non-cash items and the Board will make clear the outcome of this work and will provide further information in the Company's report and accounts for FY 2014.

Pending finalisation of the audit of the Group's 2014 financial statements and quantification of the adjustments to be made and the subsequent publication of the 2014 audited financial statements, the Company has requested the temporary suspension of trading in its shares from AIM and expects trading to resume as soon as practicable and no later than publication of the Group's 2014 financial statements.

Separately, the Company also announces that on 23 June 2015, the Financial Conduct Authority informed the Company that it has commenced an investigation under the Financial Services and Markets Act 2000 in relation to public statements made regarding the financial accounts of the Company during 2013 and 2014. The Company will co-operate fully with the investigation.

http://www.moneyam.com/action/news/showArticle?id=5062584

29 June 2015
Quindell Plc
("Quindell" or the "Company" or the "Group")

Statement re. temporary suspension and update


On 24 June 2015, Quindell Plc (AIM: QPP.L) announced that it had requested for its shares to be temporarily suspended. The Company announces today that whilst the work in preparing its audited report and accounts for the year ended 31 December 2014 ("Accounts") is in its final stages, due to the complexity of this process, they will now not be published by 30 June 2015.

The Company is working through the outstanding points and will publish the Accounts as soon as possible. The Accounts will be posted to shareholders along with details of the Annual General Meeting, the timing of which is dependent on the publication of the Accounts. Further statements will be made in due course.

The Company's shares will continue to be suspended until the publication of the Accounts.

http://www.moneyam.com/action/news/showArticle?id=5065101

Warm weather produces hot heads for young Ontario drivers: ingenie report
2015-07-07

Not surprisingly, summer’s hot weather and construction delays contribute to young drivers getting hot under the collar, producing both frustration and bad behaviour directed at others, notes ingenie’s new Road Rage Report.

Issued Monday by ingenie, the report – based on an online survey conducted in for ingenie by Student Life Network and involving 604 interviews collected from Ontario students who are licensed drivers – notes that summer is the most infuriating driving season. The survey sought to identify what gives young drivers road rage and how they deal with it.

In all, 58% of surveyed young drivers report that they are frustrated by construction-related delays in the summer while only 18% are bothered by bad weather in the winter, notes a statement from ingenie, a telematics-based auto insurance provider for Ontario drivers aged 16 to 24.


Lorie Phair, CEO of ingenie Canada, advises that young drivers need to “keep a cool head, and don’t let outside influences take over. Instead, concentrate on what you can control, which is your own driving.”

Says Phair, “Cranky drivers can lead to conflict on the road. But, as a driver, your top priority needs to be safety.”

Respondents acknowledged that this was not always the case, with 37% of young drivers rating their level of road rage to be medium to high. Those taking in the survey admit that they have taken frustration out on other drivers with behaviour, including the following:

• beeping at other drivers (51%);

• flashing their lights at other drivers (29%);

• making offensive hand gestures at other drivers (14%); and

• on the more extreme end, 5% admit they have used their car to intimidate other drivers.

Respondents report also seeing plenty of annoying behaviour – behaviour that could potentially be dangerous – as well:

• being rude on the road (81%);

• using their phones (77%);

• tailgating (74%);

• failing to signal (73%); and

• braking suddenly (70%).

Whatever young drivers are seeing, however, Phair emphasizes the need to keep a cool head and remain focused.

“As a driver, you are responsible for controlling your own vehicle. It's an important duty that requires your complete attention,” she says. “While you may become annoyed by other drivers’ bad habits, it’s not your responsibility to reprimand them. Don’t get emotional, just focus on the task at hand – arriving at your destination safely.”

Drivers can do things to avoid frustration and potential conflicts on the road. Included on the list are planning the route in advance, being considerate to other drivers, getting a good night’s sleep and not driving while in a bad mood.

5 August 2015

Quindell Plc

Results and publication of Report and Accounts for the year ended 31 December 2014

Current trading and outlook and information on business units

Corrections and clarifications to previous disclosures


The Company announces

· in Part 1: the Group's results for the year ended 31 December 2014. A full version of the Report and Accounts for the year ended 31 December 2014 is available at http://www.quindell.com/investors/results-presentations/;

· in Part 2: information on current trading, outlook and information on the ongoing business units; and

· in Part 3: Corrections, additional information and clarifications to historic regulatory and other announcements.


Shareholders should consider all of the information set out in this announcement prior to making any investment decision in relation to the Company and should note that only the Financial Statement section set out in Part 1 has been audited by the Company's auditor.

The Company has requested that its shares be restored to trading and expects the suspension to be lifted at 7.30am on 6 August 2015 and for trading to resume at 8.00am on that day.

Please Click Below to download the full Annual Report as a PDF

http://www.rns-pdf.londonstockexchange.com/rns/1746V_-2015-8-5.pdf


Click below for today's announcements in full:

2014 Results Announcement - Part 1

2014 Results Announcement - Part 2

Review Panel Finding

Statement from AIM Regulation on Quindell PLC

5 August 2015

Quindell Plc

Regulatory update

Quindell Plc (AIM: QPP.L) announces that this afternoon, the Serious Fraud Office informed the Company that it had opened an investigation, which the Company understands relates to past business and accounting practices at the Company. The Company will continue to cooperate with all relevant regulatory and law enforcement authorities.

In addition, the Company notes the announcement made by the Financial Reporting Council earlier today and welcomes its statement that, in light of the positive actions taken by the Directors in correcting the identified errors, amending accounting policies and providing their undertakings, the Committee is closing its review of the 2011 and 2012 report and accounts.

http://www.moneyam.com/action/news/showArticle?id=5089854

NOTICE
06/08/2015 7:30am

RESTORATION OF TRADING ON AIM

QUINDELL PLC

The trading on AIM for the under-mentioned securities was temporarily suspended. The suspension is lifted from 06/08/2015 7:30am, the company's annual audited accounts having been published.


ORDINARY SHARES OF 15P EACH, FULLY PAID (BMTS9H8) (GB00BMTS9H89)

If you have any queries relating to the above, please contact the company's nominated adviser on 020 7397 8900.

http://www.moneyam.com/action/news/showArticle?id=5090224

Quindell slides as SFO starts probe
Jonathan Jones
10:32 06 Aug 2015



Shares in Quindell (LON:QPP) slumped as trading resumed today after it announced that the Serious Fraud Office (SFO) has opened an investigation in the company.

The insurance claims outsourcer said it believed the probe related to past business and accounting practices at the company.

The news comes as accountancy watchdog the Financial Reporting Council (FRC) closed its review of Quindell’s 2011 and 2012 report and accounts in light of the “positive actions taken by the directors in correcting the identified errors, amending accounting policies and providing their undertakings,” the company said.

The FRC is still investigating its accounts for 2013 and 2014.

Shares resumed trading for the first time in over a month today having been suspended since June and fell 29% to 87.7p.

Yesterday, the troubled firm reported losses of £238mln for 2014 (£8.6mln in 2013) as administrative expenses soared to £278mln including an impairment charge of £157mln.

Richard Rose, chairman, said: “Investor trust in the company and its board was eroded and it became clear that decisive action was necessary to bring stability back to Quindell and rebuild the confidence of employees, investors, regulators, customers and suppliers alike.

“A great deal has been done in a short space of time to turn the tide, and I am confident in the company's long-term future and the potential of our businesses.”

17 August 2015
Quindell Plc
("Quindell" or the "Company" or the "Group")

Board appointment/Change of Nominated Adviser

Appointment of experienced technology executive as new Group Chief Executive Officer

Appointment of Nominated Adviser and Broker

The Board of Quindell (AIM: QPP.L) is delighted to announce the appointment of its new Group Chief Executive, Indro Mukerjee, who will join the Board on 7 September 2015. Indro brings strong experience from Board level leadership positions in multinational, start-up and private equity backed technology and industrial companies.

Commenting on this appointment, Richard Rose, Non-executive Chairman said:

"We are delighted to have recruited Indro, who was the outstanding candidate for the role in terms of his experience, his personality and his leadership skills. He has a proven track record of creating value through developing and implementing strategies based on matching compelling value propositions to growing markets. His experience includes roles in complex environments, often involving fast moving technologies. We are excited to welcome him to the Company."

Indro Mukerjee is non-executive Chairman of FlexEnable Limited ("FlexEnable"), a leader in flexible electronics technologies. FlexEnable was launched following the strategic transformation of Plastic Logic which Indro led in the role of CEO. He was previously Chairman and CEO of C-MAC MicroTechnology, a private equity backed LBO from which three market-leading companies were created to serve vertical markets (Automotive, Aerospace/Defence, Communications). These companies were developed under Indro's leadership and subsequently sold.

Indro previously worked for Philips Semiconductors BV in several executive board positions, including Executive Vice President - Global Marketing & Sales and Chief Marketing Officer and latterly global CEO of the strategic Automotive and RF Identification Business Units.

His earlier career included his role as Commercial Director at VideoLogic Limited, as part of the leadership team that took the company through an IPO, as well as senior management positions within Hitachi's European semiconductor division.

Indro has a passion for the development of skills to enhance the competiveness of the UK in technology, is the founding Chairman of the UK Electronics Skills Foundation and sits on the Board of the Sector Skills Council for UK science, engineering & manufacturing technologies, where he chairs the investment committee. Indro has a degree in engineering science from Oxford University, is a graduate of the Wharton Advanced Management Program and speaks several European languages.

Indro Mukerjee said:

"I'm of course aware of the challenges the Company has been facing and respect the Chairman, Board and rest of the team for the way that they have been identifying the issues of the past, and dealing with them resolutely and rapidly. At the heart of the Company are some excellent people and great technologies. My immediate priority will be to identify how to drive the development of both to serve our customers and create value for our shareholders".


Appointment of Nominated Adviser and Broker

Quindell is pleased to announce the appointment of Peel Hunt LLP as the Company's Nominated Adviser and Broker with immediate effect.

Additional information:

Indro Mario Mukerjee is aged 54, and British. He is currently Non-executive Chairman of FlexEnable Limited, a director of the Science, Engineering & Manufacturing Technologies Alliance and Chairman of the UK Electronics Skills Foundation. His previous directorships over the last 5 years are: Plastic Logic Holding plc, FlexEnable Limited, C-Mac UK Holding Limited, C-Mac Microcircuits UK Opco Limited, C-Mac Microcircuits North America Limited, C-Mac Microcircuits UK Holding Limited, C-Mac Automotive Limited, Api Microelectronics Limited, Rf2m Limited

There is no further information required to be disclosed pursuant to Schedule 2 (g) of the AIM Rules for Companies.

http://www.moneyam.com/action/news/showArticle?id=5095599

An interview with the new Group CEO

http://www.quindell.com/

18 August 2015
Quindell Plc
("Quindell" or the "Company" or the "Group")

Regulatory update

Quindell Plc (AIM: QPP.L) announces that it has been informed by the Financial Conduct Authority ("FCA") that, in light of the investigation by the SFO into past business and accounting practices at the Company, the FCA has decided to discontinue its own investigation with immediate effect.

http://www.moneyam.com/action/news/showArticle?id=5096401

Just catching up:

TR-1: Notification of major interest in shares

Quindell PLC

24 August 2015

BEACH POINT CAPITAL MANAGEMENT LP increased their stake in QPP from

13,561,007 to 14,240,735 (3.20%) on 21 AUGUST 2015

http://www.moneyam.com/action/news/showArticle?id=5100046

http://www.quindell.com/investors/

Just catching up:

TR-1: Notification of major interest in shares

Quindell PLC

24 August 2015

BEACH POINT CAPITAL MANAGEMENT LP increased their stake in QPP from

13,561,007 to 14,240,735 (3.20%) on 21 AUGUST 2015

http://www.moneyam.com/action/news/showArticle?id=5100046

http://www.quindell.com/investors/

edit-double post

Major Shareholders

The directors have been notified, or are aware of the following interests in the issued share capital of the Company in respect of the shareholdings, and related holding percentages, of the following significant shareholders and Directors of Quindell Plc as at 24th August 2015.

Name-----------------------------------Total Interest--------------% Holding
M&G Investments (Prudential)---------29,166,666------------------6.55%
Beach Point Capital Management LLP--14,240,735------------------3.20%

Sub Total--------------------------------43,407,401-----------------9.75%
http://www.quindell.com/investors/


Link to Major Shareholders from November 2014 to present:

http://www.moneyam.com/InvestorsRoom/posts.php?page=1&tid=18581

2 September 2015
Quindell Plc


Result of AGM


Quindell Plc (AIM: QPP.L) announces that all resolutions at its Annual General Meeting, held earlier today, were duly passed.

http://www.moneyam.com/action/news/showArticle?id=5105868

Quindell chairman Richard Rose launches extraordinary attack on ousted predecessor Rob Terry
By Peter Campbell for the Daily Mail
Published: 21:56, 2 September 2015 | Updated: 22:02, 2 September 2015

The chairman of Quindell yesterday launched an extraordinary attack on ousted predecessor Rob Terry, saying that the company’s reputation would have been ‘shot to pieces’ if it had kept him on a moment longer.

Richard Rose told the technology company’s annual gathering of shareholders that Terry’s departure at the end of last year was welcomed by ‘the majority’ of investors.

When asked by retail shareholder Steven Little why the company had not retained Terry to help with its investigation into past accounting practices, Rose said: ‘I would suspect that the credibility would have been shot to pieces if we had retained the former chief executive to be honest.’



He added Terry had been ‘unhelpful’ when trying to dig out information into past deals.

When asked why Terry was not paid to stay on and help with the probe, Rose said: ‘He was paid quite adequately and I think that the majority of shareholders would form the view that he was paid too generously and retained for too long, but that’s a matter of opinion.’

Terry, who made £16m selling his shares, received £1.5m in redundancy pay and saw £406,000 paid to close family members including his wife.

He also benefited from a number of opaque deals including an interest free £100,000 loan and a barn conversion. Rose’s uncharacteristically unguarded remarks came as he announced the company would ditch its tainted name before Christmas in a bid to draw a line under a turbulent past.

There is currently a shortlist of new names, though ‘none begin with Q’, he said after the meeting.

Though listed on London’s junior AIM stock market, Quindell once had a value of almost £3bn and boasted scores of retail investors – many of whom saw their investments hammered when shares collapsed amid a string of scandals.

Earlier this year the company sold the bulk of its operations – processing legal claims – to Australian law firm Slater & Gordon for £664m, leaving a clutch of smaller divisions focused on black box technology for cars.

It currently faces a Serious Fraud Office investigation after writing down millions from past deals and admitting it has not turned a profit for years.

The annual meeting saw shareholders divided over the company’s past and future.

One, who did not give his name, accused the board of ‘selling off the family silver’ by offloading the legal arm – but many others backed the move.

Several asked for assurances that the 100p payout from the Slater sale would be unimpeded by the SFO probe.

Incoming chief executive Indro Mukerjee was not present because he was at a conference in the US. Speaking after the meeting, Rose recounted the only time he met Terry.

‘I met him once back in September and he told me to F-off.’

The pair had coffee when one of Quindell’s largest shareholders was trying to replace Terry with Rose as chairman.

Rose said the meeting, which lasted ‘about an hour’, began genially but ended with Terry’s curt remark.

Less than a month later, it emerged Terry and two other executives had entered into a deal to sell shares – despite Terry sitting on the price sensitive information that the company’s joint broker had quit.

Terry was fired in early November.

General interest:



Posted on September 3, 2015

This is a Private Investors report about the AGM held on the 2nd September 2015.

Qundell Shrugs off the past.

Quindell has turned over a new leaf. It was revealed that it is to drop its old Quindell leaf logo and company name before the end of this year. Richard Rose stated that the company was even dumping litigation claims against Gotham City Research and has completely severed his connections with the previous directors.

Clearly the company has a strong desire to leave the past behind and move on.

Quindell can no longer be regarded as made from “The Golf Club built on sand” to quote short seller Daniel Yu, who wrongly stated it was worth nothing. It may now be viewed by investors as one of the few cash rich Technology companies with no debt and is standing not on “sand” but on a half-billion pounds pile of cash sitting ready to line shareholders pockets.

The half a billion left after the sale of its legal services division is due to be returned to shareholders following formal legal approval and shortly after its H1 results. The board has been keen to show commitment to shareholders in an unprecedented move. All shareholders are likely to get back more than the current value of the stock. A further payment of at least £50,000,000 as part of the deal will be paid later.

Yesterdays AGM confirmed that there is overwhelming confidence in the new leadership. Private Investors unanimously voted for all the boards’ resolution enabling them to buy large tranches of its own stock at rock bottom prices, potentially forcing up its stock value. Its new CEO, the successful global business leader Indro Mukerjee will shortly divulge his strategy for the company. If his previous successes are anything to go by, it is going to be exceptional and he has the spare cash to do it.

Richard Rose intimated to the press that the accusations of wrongdoing are historical and nothing to do with the new company. Investigations are not likely to have any lasting effect on the company as the SFO seems to only be looking at actions of past individuals. Although the company is aware of potential litigation due to historic issues, nothing as yet has been received by Quindell from lawyers to suggest any action will be taken.

The company has delivered quality services even though the media and negative press fuelled largely by rumours spread by activist short sellers directly targeted the company. The previous directors were unable to keep control during this period and were eventually forced out by shareholders. Recovery has been positive thanks to Richard Rose and team, 1700+ staff and over 1000 loyal investors whose support prevented the company from failing.

Report by: Rod Clements

http://quindellecho.com/2015/09/03/quindell-shrugs-off-the-past/

7 September 2015
Quindell Plc
("Quindell" or the "Company" or the "Group")

Board appointment

Further to its announcement dated 17 August 2015, Quindell (AIM: QPP.L) confirms the appointment today of its new Group Chief Executive, Indro Mukerjee, who will join the Board with immediate effect.

http://www.moneyam.com/action/news/showArticle?id=5107906