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 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

9 September 2015
Quindell Plc


Acquisition of the remaining 50.1% of PT Healthcare Solutions Corporation

Quindell Plc (AIM:QPP.L) announces that it has today agreed to acquire the remaining 50.1% stake that it does not already own in PT Healthcare Solutions Corporation ("PT Health") in consideration for the issue of 9,466,666 ordinary shares of 15 pence each in the Company ("Ordinary Shares") (the "Acquisition").

Background

PT Health is a leading provider of physiotherapy and rehabilitation services in Canada, with close to 100 owned clinics and an established network of 150 additional locations which provides complete national coverage. Historically, PT Health generated business from General Practioner referrals and government funded walk-in patients. However, since becoming part of the Group, its focus has shifted to the insurance referral model which yields higher margin recurring revenues from road traffic accident injured insurance customers, and to recurring revenues from Preferred Provider Networks for large national employers under their extended healthcare benefits programs.

On 26 September 2013, the Company announced that it had acquired a 26% interest in PT Health in consideration for the issue of 2,103,418 Ordinary Shares. In addition, the Company announced that it had agreed a put and call option (the "Option") with the vendors of PT Health, enabling Quindell to acquire the remaining 74% of PT Health subject to certain conditions.

Following a variation of the Option, the Company announced on 31 March 2014 that it had acquired a further 23.9% stake in PT Health in consideration for the issue of 6,666,666 Ordinary Shares.

For the period from 1 April 2014 to 31 December 2014, PT Health reported revenue of CDN$38.7 million (£19.1 million), a net loss of CDN$20.7 million (£10.2 million), a loss adjusted for non-recurring items and before tax of CDN$2.8 million (£1.4 million) and net assets of CDN$41.8 million (£20.6 million).

Transaction

Pursuant to the Option, the Group is to acquire the remaining 50.1% of PT Health, the terms of which have now been agreed and are detailed in an arrangement agreement (the "Arrangement Agreement"). Under the terms of the Arrangement Agreement, Quindell will issue 9,466,666 Ordinary Shares in consideration for the Acquisition.

The Acquisition is to be effected pursuant to an arrangement under the Canada Business Corporations Act. Completion of the Acquisition is subject to customary closing conditions, including court approval of the arrangement, approval of two-thirds of the votes cast by the holders of PT Health common shares at a special meeting of shareholders to be called to consider the arrangement, and applicable regulatory approval. Following a review and analysis of the proposed transaction, the PT Health board has unanimously approved the transaction and recommends that PT Health's common shareholders vote in favour of the arrangement. In addition, all of the directors and executive officers of PT Health have signed agreements to vote their shares in favour of the transaction. The Acquisition is scheduled to close in mid-October 2015.

PT Health is deemed to be a related party of the Company for the purposes of the AIM Rules, and is a party to the Arrangement Agreement. The directors of the Company consider, having consulted with Peel Hunt LLP in its capacity as the Company's nominated adviser, that the terms of the transaction are fair and reasonable insofar as its shareholders are concerned.

PT Health is currently treated as a subsidiary of the Group and consolidated into the Group's accounts. Post completion of the Acquisition, PT Health will become a wholly owned subsidiary of Quindell.

Completion of the Acquisition is expected to take place in mid-October 2015 and application will be made for the 9,466,666 Ordinary Shares to be admitted to AIM in due course.

http://www.moneyam.com/action/news/showArticle?id=5109580

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

BEACH POINT CAPITAL MANAGEMENT LP have increased their stake from 22,007,060 to 22,431,859 which equates to 5.04%. This was reached on 10 SEPTEMBER 2015.


Previously Beach Point on 21 August 2015 crossed 3%

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 14th September 2015.



Name...........................................No. of Shares.............. % Holding
M&G Investments (Prudential)...........29,166,666..................6.55%
Beach Point Capital Management LLP..22,431,859..................5.04%

Sub Total........................................51,598,525..................11.59%

Current Total Shares in issue 444,959,317 as at 14th September 2015 with none being held as treasury and <0.01% being held “not in public hands” i.e. held by directors, trustees of employee share schemes / pension funds or any other substantial shareholders (>10%).

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

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

Receipt of Notice of Intended Claim

Quindell Plc (AIM:QPP.L) announces that it has received a letter described as a "Notice of Intended Claim" from a law firm acting for a claimant group suggesting that it intends to commence an action against the Company under the Financial Services and Markets Act 2000 ("Notice").

Whilst the Company is not in a position to verify the assertions in the Notice (as no claim has been received as yet), the Notice estimates the value of the potential claims against the Company to be a maximum of approximately £9 million before costs (if awarded). There can be no guarantee that other claims will not be made against the Company and, in particular, the claimant firm details that it has been approached, but not retained, by other potential claimants who together, it asserts, would have a claim of a maximum value of a further £9 million.

The Company is not aware, and has not been made aware, of any other law firms acting for (or in the process of forming) other claimant groups.

The Notice provides little detail on the potential claim or the timing of the pre-action Letter of Claim and no information to support the valuation of the individual prospective claimants' claims, which would require to be proved in due course in any litigation. At this stage, the Company will vigorously defend all such claims, as appropriate.

Neither the Notice nor any claim made as currently outlined in the Notice would adversely impact the Company's previously announced intentions regarding a capital return.

http://www.moneyam.com/action/news/showArticle?id=5121663

Interim Results for the six months ended 30 June 2015

· Profit retained for the period of £414.5m (2014: loss of £81.9m), includes profit on sale of Professional Services division of £485.9m

· 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

*including the results of Ingenie Limited from 4 February 2014 as explained in the Report and Accounts for the year ended 31 December 2014.

Richard Rose, Non-executive Chairman commented:

"This announcement comes just 7 weeks since the publication of FY 2014 results, and the focus now is on the future. The appointment of Indro Mukerjee on 7 September 2015 as Group CEO was an important step. The new Board is now complete and will deliver the highest standards of corporate governance with a focus on shareholder value".

Indro Mukerjee, Group Chief Executive Officer 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."

Interim Results for the six months ended 30 June 2015

There was also a presentation for the Interims:

Interim Results Presentation For The Six Months Ended 30 June 2015

16 October 2015

Quindell Plc

Cash settlement of options

Quindell Plc (AIM:QPP.L) announces that, pursuant to the rules of the Company's Share Option Plan, it has agreed to settle for cash 21,892,991 vested share options granted on and prior to 12 January 2015 at a total cost of £11.15m (plus any employers' national insurance costs).

The options were settled at a market value exercise price of 99.35p (being the 5 day average mid-closing price prior to the proposal being made to relevant optionholders) less the respective exercise price of each option. Income tax and employee national insurance contributions will be payable by recipients.

A table of current shares in issue, shares expected to be issued, and options outstanding is shown below (all shares of 15 pence each):

http://www.moneyam.com/action/news/showArticle?id=5133910

StockMarketWire.com
Quindell said, pursuant to previous commitments, it has decided to pursue a two-stage distribution of 100p a share, with an initial court-approved capital repayment to shareholders of 90p a share.

It expected to seek court approval for this to be made to shareholders in December 2015 at a total cost of about GBP415m.

"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 company said.

"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."

4 November 2015

Quindell Plc
("Quindell" or the "Company" or the "Group")

Completion of the acquisition of PT Healthcare Solutions Corp

Further to its announcement on 9 September 2015, Quindell (AIM:QPP.L) announces that it has completed the acquisition of the remaining 50.1% stake that it does not already own in PT Healthcare Solutions Corp ("PT Health") in consideration for the issue of 9,358,675 new ordinary shares of 15 pence each in the capital of the Company ("Ordinary Shares")("Consideration Shares"). The number of Consideration Shares is less than the number announced on 9 September 2015 (9,466,666) by 107,991 due to dissenting PT Health shareholders. Whilst Quindell has acquired 100% of PT Health, dissenting shareholders representing less than 0.6% of the common shares in the capital of PT Health have exercised their rights of dissent and will be paid a cash amount by Quindell for such shares determined under the provisions of the Canada Business Corporations Act.

The Consideration Shares will rank pari passu in all respects with the existing Ordinary Shares in issue.

It is expected that admission of these Consideration Shares will become effective on 9 November 2015. Following admission, Quindell will have 454,317,992 Ordinary Shares in issue. The Company has no Ordinary Shares held in treasury. The total of 454,317,992 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.


http://www.moneyam.com/action/news/showArticle?id=5145793

9 November 2015
Quindell Plc


PROPOSED REDUCTION OF CAPITAL, RETURN OF CAPITAL, CONSOLIDATION OF ORDINARY SHARES, CHANGE OF NAME AND NOTICE OF GENERAL MEETING

Further to its announcement on 2 November 2015, Quindell (AIM:QPP.L) announces today that it is posting an explanatory circular ("Circular") to shareholders of the Company (and, for information only, to holders of share options in the Company) convening a General Meeting (defined below) and inviting shareholders to approve resolutions to authorise a proposed reduction of the Company's share capital ("Reduction of Capital") and a proposed return of capital to shareholders ("Return of Capital"). Subject to the Reduction of Capital and Return of Capital being approved, shareholders will also be invited to approve a resolution to authorise a proposed consolidation of the Company's ordinary shares ("Consolidation"). In addition, shareholders will also be invited to approve a resolution to change the Company name to Watchstone Group plc. The Circular contains details of the formal notice of the General Meeting to be held at Park Plaza Westminster Bridge, 200 Westminster Bridge Road, London, SE1 7UT at 10:00 a.m. on 26 November 2015 (the "General Meeting").

The Circular, together with the notice of the General Meeting will be made available on the Company's website at www.quindell.com.

The Circular provides shareholders with information about the background to, and reasons for, each of the Reduction of Capital, Return of Capital and Consolidation and explains why the Directors of the Company ("Board") consider these to be in the best interests of the Shareholders and the Company as a whole and why the Board unanimously recommend that shareholders vote in favour of the requisite resolutions at the General Meeting, as they intend to do in respect of their beneficial holdings. The Circular also contains details of the requisite Court approval process pertaining timings to the Reduction of Capital.

HIGHLIGHTS


· The proposed Return of Capital to shareholders in December 2015 will be of approximately £414 million in aggregate.

· The effect of the proposed Reduction of Capital and Return of Capital will be that for every fully paid ordinary share of 15 pence each held at the Record Date (as defined in the Circular), a shareholder will receive 90 pence in cash.

· Trading in Ordinary Shares ex-entitlement to Capital Return is expected to be on 18 December 2015 with the expected dispatch of cheques to Shareholders or crediting of Shareholders' CREST accounts (as appropriate) in respect of Return of Capital entitlements, on or around 31 December 2015.

· Conditional on the approval of the Reduction of Capital and the Return of Capital at the General Meeting and by the Court, the Consolidation would consolidate the Company's ordinary shares so that every 10 ordinary shares with a nominal value of 1 penny (after the Reduction in Capital) would become 1 ordinary share of 10 pence (such shares having the same rights and being subject to the same restrictions (save as to nominal value) of the existing ordinary shares).

· Conditional on the approval of shareholders, the Company's name will be changed to Watchstone Group plc.

· Following the Return of Capital, in addition to its operating businesses, the Company expects to retain approximately £90 million in cash. The Group has a further £55 million held in escrow accounts relating to the Disposal and the Company retains rights to contingent consideration estimated to have a current value of approximately £39.6 million.

http://www.moneyam.com/action/news/showArticle?id=5148726

Reminder- Next week Thursday 26th November General Meeting including proposed name change to Watchstone Group plc.

26 November 2015

Quindell Plc
("Quindell" or the "Company")

RESULTS OF GENERAL MEETING

Further to its announcement on 9 November 2015, Quindell (AIM:QPP.L) announces all resolutions at the General Meeting, held earlier today, were duly passed.



The Reduction of Capital and Return of Capital remain subject to Court approval. The Consolidation is subject to the Reduction of Capital and Return of Capital.



Shareholders approved a resolution to change the Company name to Watchstone Group plc. Accordingly, the change of the name of the Company has become effective at Companies House today.



It is expected that trading in the Company's Ordinary Shares on AIM under the new name of Watchstone Group plc (AIM: WTG.L) will take effect from tomorrow, 27 November 2015. The ISIN and SEDOL numbers will not change.



Planned suspension of trading commencing 16 December 2015

Due to the gap between the record dates for the Return of Capital and the Consolidation, and because of the likely impact of the outcome of the Court Hearing on the share price of the Company, there is a risk of confusion in the market and volatility in the share price of the Company between the date of the Court Hearing and the Consolidation becoming effective. As a result, the Company has been granted its request that its Ordinary Shares be suspended from 7:30 am on Wednesday, 16 December 2015 (being the date of the Court Hearing) until the market opening on Monday, 21 December 2015 ("Suspension").


The Suspension has been requested because:

a) the Court Hearing will take place during trading hours on Wednesday, 16 December 2015 and the Company is under an obligation to ensure that the market is updated in an orderly fashion which will not be possible where there is a Court hearing. The Company will, of course, announce the results of the Court Hearing without delay; and

b) if approved, due to legal filing requirements, in the absence of the Suspension, the Ordinary Shares would trade ex-entitlement to the Return of Capital (90p per Ordinary Share) for one trading day prior to the Consolidation becoming effect. In the absence of the Suspension, there was considered a risk of excessive volatility on Thursday, 17 December 2015 and, in particular, on Friday, 18 December 2015.



Assuming the Court approves the Reduction of Capital and Return of Capital, shareholders will receive 90p per Ordinary Share in cash and the Company would expect the Ordinary Shares to devalue by 90 pence per Ordinary Share before the 1 for 10 Consolidation takes place. Once the Consolidation takes effect on Monday, 21 December 2015, and without taking account of any other market movement in the value of the Ordinary Shares, the Consolidated Ordinary Shares will re-admit with a value per share of ten times the devalued price per Ordinary Share, with each Shareholder holding a tenth of his or her previous number of Ordinary Shares in the Company.



In the event that the Company's proposals are rejected by the Court, the Company will request that its Ordinary Shares re-commence trading at the opening of the market on Thursday, 17 December 2015 and the Consolidation will not take place.



Should the Court hearing be adjourned, the Company will consult with Peel Hunt, its Nominated Adviser, as to whether to request trading in its Ordinary Shares should re-commence upon the decision of the Court following the adjournment or with immediate effect.


Updated Timetable of Events


Suspension commences

7:30 a.m. on Wednesday 16 December 2015


Court Hearing

10:00 a.m. on Wednesday 16 December 2015


Record Date

6:00 p.m. on Thursday 17 December 2015


Registration of Court Order and Effective Date of Return of Capital

Friday 18 December 2015


Consolidation Record Date

6:00 p.m. on Friday 18 December 2015


Suspension ends, Share Consolidation Effective and Consolidated Ordinary Shares commence trading ex-entitlement to Return of Capital

8:00 a.m. on Monday 21 December 2015


Dispatch of cheques to Shareholders or Shareholders' CREST accounts credited (as appropriate) in respect of Return of Capital entitlements



On or around 31 December 2015


Notes

These dates are estimates only, being subject to agreement of hearing dates with the Court. Any changes will be notified to Shareholders by an announcement on the Regulatory News Services of the London Stock Exchange.

All references to time in this announcement are to London time.





For further information:




Quindell Plc

Tel: 01489 864 200


Richard Rose, Non-executive Chairman

Indro Mukerjee, Group Chief Executive Officer




Stephen Joseph, Head of Investor Relations



Peel Hunt LLP, Nominated Adviser and broker





Tel: 020 7418 8900


Dan Webster







Tulchan Communications



Tel: 020 7353 4200


Susanna Voyle

Charlotte Church

http://www.moneyam.com/action/news/showArticle?id=5161915