Bought in today... have missed out on the impressive gains so far but solid progress is being made here and a good story developing so it looks good for more gains in the near future (imho)....

Quindell Portfolio, the brand extension company, says trading has continued positively in the period under review, building on the strong performance delivered by the Group in the first half.

The company expects to be significantly ahead of market expectations for the 15 month period ending 31 December 2011.

The Group announced back in October that it had won contracts with six established brands and one exciting new digital brand within the insurance, telecoms and utilities sectors, including for the first time, solar energy; and that revenues for 2011 were expected to be ahead of market expectations.

Since then, the Group has won further major contracts with established brands within the telecoms, utilities, on-line education and insurance sectors for both its technology enabled business process outsourcing division and software solutions division.

In aggregate, these contract wins could contribute over £6 million of annualised revenues. In addition, the Group has acquired two further businesses, Maine Finance and, most recently, Mobile Doctors Group Plc.

Margin performance has also been strong and, for 2011, margins are expected to be between 35 and 40 per cent. within its technology enabled business process outsourcing operations

2014 Results Announcement - Part 1

2014 Results Announcement - Part 2

Suspension to be lifted tomorrow.
Good luck to all holders!

Harry - where did you see that suspension being lifted tomorrow?

not sure if that is good, bad or indifferent to the share price

Me neither - but it will definitely be one of them!

2014 Results Announcement - Part 1

5 August 2015

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.

Prepare for the worst. Anything else would be a pleasant surprise! 😀

Thanks Kim - I did scan all of the releases - obviously not well enough!

Specsavers skinny! ;o)

Restoration - Quindell plc

BOARD APPOINTMENT/CHANGE OF NOMINATED ADVISER

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.

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.

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.

Uncrossed at a quid.

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.

ACQUISITION OF REMAINING 50.1% OF PT HEALTHCARE

So presumably these 9,466,666 shares at 15p each will be getting the £1 plus per share return to shareholders in November.

StockMarketWire.com
Quindell has marginally narrowed its H1 pretax loss to £35.5m, from a loss of £35.7m. Revenue was £35.3m, from £42.8m.

CEO Indro Mukerjee commented:
"Since starting on 7 September, I have visited and met the vast majority of our businesses as well as a number of customers, shareholders and other key stakeholders. With shareholder value clearly in mind, I will work quickly and methodically on the Group's opportunities and challenges.

"I plan to share an outline strategy around the turn of the year. In the meantime, I will be focusing on: establishing good governance and operational integrity; dealing with the Group's losses as quickly as possible; and creating the best platform possible for future growth based on clear and compelling value propositions."

Highlights:
· Strong balance sheet position with net assets of £699.0m as at 30 June 2015

· Cash in hand of £524.0m as at 25 September 2015 with a further £55.0m is being held in escrow relating to the disposal of the Professional Services Division, with further potential cash inflows from contingent consideration not included in the net assets

· Continuing operations revenues of £35.3m (2014: £42.8m)

· Adjusted EBITDA loss of £15.8m (2014: loss of £6.1m) reflecting difficulties experienced by the Group during the first half of the year

· The Group's insurance technology solutions businesses have a solid technology base from which to shape a future strategy, including innovative usage based insurance (UBI) solutions, award winning policy & claims solutions and consumer telematics offerings

· New Board now in place following the appointment of Indro Mukerjee as Group Chief Executive

· The Group continues to co-operate fully with the outstanding SFO enquiry relating to past business and accounting practices

· Subject, inter alia, to Court approval, the stated desire of the Board is to make a capital distribution of at least £1 per ordinary share and up to £500 million. The Board is in the process of determining, with its advisers, the exact amount, form and methodology of the capital return which will be proposed to shareholders

a capital distribution of at least £1 per ordinary share .... so why are the shares still <£1?

Perhaps the perception is that is not much value apart from that?

CAPITAL RETURN UPDATE

Quindell Plc (AIM:QPP.L) announces that, pursuant to previously stated commitments, the Board of Directors of Quindell plc (the "Board") has decided to pursue a two stage distribution of 100 pence per share, with an initial, Court approved, capital repayment to shareholders of 90 pence per share and expects to seek Court approval for this to be made to shareholders in December 2015 at a total cost of approximately £415 million.

In consultation with its legal and financial advisers, and following detailed internal and external consideration of the Company's actual and prospective contingent creditors, the Board considers that an initial, Court approved, capital repayment to shareholders of 90 pence per share is both prudent and appropriate. The Board's intention is to make the second stage payment to shareholders of a further 10 pence per share in cash following the anticipated release at the end of 2016 of the £50m (which would represent approximately 11 pence per share) warranty escrow put in place as part of the disposal of the Professional Services Division ("PSD"). The Company will also seek to make this payment to shareholders in a tax and cost efficient manner.

In addition, and as previously announced, the Company will make further distributions as contingent consideration from the disposal of the PSD is realised. As previously detailed, the Company has performed a preliminary valuation exercise based on the information available at the point of disposal and has determined that a prudent estimate of the current value of the contingent consideration is approximately £39.6m.

The Board confirms that there have been no material changes to the value of the Company's assets, nor its actual or prospective, contingent creditors (including to regulatory bodies or prospective litigation) since previously detailed to the market. The trading assumptions of the Group's businesses remain in line with previously stated expectations.

The Company expects to issue a circular relating to the capital repayment to shareholders on 11 November 2015, with a Court hearing to follow on 16 December 2015. On such timetable, the Company would convene the required General Meeting on 26 November 2015.