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R&Q places $125mn of shares 40% below Brickell offer price

R&Q randall and quilter logo finance.jpg

Randall & Quilter Investment Holdings (R&Q) has secured its needed $125mn in funding in a non-preemptive share placing, placing 97.8 million shares with institutional investors at a price of 105 pence, and a further 1.1 million shares with directors and senior management.

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