Quilter PLC

Director's Dealing • Apr 2, 2020

National Storage Mechanism | Additional information

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RNS Number : 5857I

Quilter PLC

02 April 2020

LEI: 54930092XIVK28RZGM95

2 April 2020

For immediate release

Quilter plc

(the "Company")

Notification of transactions by Directors and Persons Discharging Managerial Responsibilities ("PDMRs")

The Company announces the following transactions by Directors and PDMRs in the Company's ordinary shares of £0.07 each ("Shares") which include the vesting and sale of Shares that had been granted pursuant to:

a)   the 2016 and 2017 Deferred Bonus awards made under the Phantom Share Reward Plan ("Phantom SRP");

b)    the 2018 Deferred Bonus awards made under the Quilter Share Reward Plan ("Quilter SRP"); and

c)    a Recruitment Award made under the Quilter SRP.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matthew Burton

2

Reason for the notification

a)

Position/status

Chief Risk Officer - PDMR

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Quilter plc

b)

LEI

54930092XIVK28RZGM95

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Ordinary shares with a nominal value of £0.07 each ("Shares")

GB00BDCXV269

b)

Nature of the transaction

i)   Vesting of 24,583 Shares pursuant to the 2016 Deferred Bonus award under the Phantom SRP

ii)  Sale of 11,595 Shares vested under i) above to settle tax liability and dealing costs

iii) Vesting of 27,691 Shares pursuant to the 2017 Deferred Bonus award under the Phantom SRP

iv) Sale of 13,061 Shares vested under iii) above to settle tax liability and dealing costs

v)  Vesting of 42,414 Shares pursuant to the 2018 Deferred Bonus award under the Quilter SRP

vi) Sale of 20,005 Shares vested under v) above to settle tax liability and dealing costs

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)   Nil ii)  £1.123818 iii) Nil iv) £1.123818 v)  Nil vi) £1.123818	i)   24,583 ii)  11,595 iii) 27,691 iv) 13,061 v)  42,414 vi) 20,005

d)

Aggregated information

- Aggregated volume

- Price

i)   Consideration price: Nil

ii)  Sale price: £1.123818

iii) Consideration price: Nil

iv) Sale price: £1.123818

v)  Consideration price: Nil

vi) Sale price: £1.123818

e)

Date of the transaction

i)   2020-03-31

ii)  2020-03-31

iii) 2020-03-31

iv) 2020-03-31

v)  2020-03-31

vi) 2020-03-31

f)

Place of the transaction

i)   Outside a trading venue

ii)  London Stock Exchange, Main Market (XLON)

iii) Outside a trading venue

iv) London Stock Exchange, Main Market (XLON)

v)  Outside a trading venue

vi) London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Karin Cook

2

Reason for the notification

a)

Position/status

Chief Operating Officer - PDMR

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Quilter plc

b)

LEI

54930092XIVK28RZGM95

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Ordinary shares with a nominal value of £0.07 each ("Shares")

GB00BDCXV269

b)

Nature of the transaction

i)   Vesting of 28,512 Shares under the Quilter SRP (Recruitment award)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)   Nil	i)   28,512

d)

Aggregated information

- Aggregated volume

- Price

i)   Consideration price: Nil

e)

Date of the transaction

i)   2020-03-31

f)

Place of the transaction

i)   Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul Feeney

2

Reason for the notification

a)

Position/status

Chief Executive Officer - Director and PDMR

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Quilter plc

b)

LEI

54930092XIVK28RZGM95

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Ordinary shares with a nominal value of £0.07 each ("Shares")

GB00BDCXV269

b)

Nature of the transaction

i)   Vesting of 333,860 Shares pursuant to the 2016 Deferred Bonus award under the Phantom SRP

ii)  Sale of 157,466 Shares vested under i) above to settle tax liability and dealing costs

iii) Vesting of 152,355 Shares pursuant to the 2018 Deferred Bonus award under the Quilter SRP

iv) Sale of 71,859 Shares vested under iii) above to settle tax liability and dealing costs

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)   Nil ii)  £1.123818 iii) Nil iv) £1.123818	i)   333,860 ii)  157,466 iii) 152,355 iv) 71,859

d)

Aggregated information

- Aggregated volume

- Price

i)   Consideration price: Nil

ii)  Sale price: £1.123818

iii) Consideration price: Nil

iv) Sale price: £1.123818

e)

Date of the transaction

i)   2020-03-31

ii)  2020-03-31

iii) 2020-03-31

iv) 2020-03-31

f)

Place of the transaction

i)   Outside a trading venue

ii)  London Stock Exchange, Main Market (XLON)

iii) Outside a trading venue

iv) London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Steven Levin

2

Reason for the notification

a)

Position/status

Chief Executive Officer, UK Platform - PDMR

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Quilter plc

b)

LEI

54930092XIVK28RZGM95

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Ordinary shares with a nominal value of £0.07 each ("Shares")

GB00BDCXV269

b)

Nature of the transaction

i)   Vesting of 34,777 Shares pursuant to the 2016 Deferred Bonus award under the Phantom SRP

ii)  Sale of 16,403 Shares vested under i) above to settle tax liability and dealing costs

iii) Vesting of 44,731 Shares pursuant to the 2017 Deferred Bonus award under the Phantom SRP

iv) Sale of 21,098 Shares vested under iii) above to settle tax liability and dealing costs

v)  Vesting of 60,453 Shares pursuant to the 2018 Deferred Bonus award under the Quilter SRP

vi) Sale of 28,513 Shares vested under v) above to settle tax liability and dealing costs

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)   Nil ii)  £1.123818 iii) Nil iv) £1.123818 v)  Nil vi) £1.123818	i)   34,777 ii)  16,403 iii) 44,731 iv) 21,098 v)  60,453 vi) 28,513

d)

Aggregated information

- Aggregated volume

- Price

i)   Consideration price: Nil

ii)  Sale price: £1.123818

iii) Consideration price: Nil

iv) Sale price: £1.123818

v)  Consideration price: Nil

vi) Sale price: £1.123818

e)

Date of the transaction

i)   2020-03-31

ii)  2020-03-31

iii) 2020-03-31

iv) 2020-03-31

v)  2020-03-31

vi) 2020-03-31

f)

Place of the transaction

i)   Outside a trading venue

ii)  London Stock Exchange, Main Market (XLON)

iii) Outside a trading venue

iv) London Stock Exchange, Main Market (XLON)

v)  Outside a trading venue

vi) London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew McGlone

2

Reason for the notification

a)

Position/status

CEO, Quilter Cheviot - PDMR

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Quilter plc

b)

LEI

54930092XIVK28RZGM95

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Ordinary shares with a nominal value of £0.07 each ("Shares")

GB00BDCXV269

b)

Nature of the transaction

i)   Vesting of 20,088 Shares pursuant to the 2016 Deferred Bonus award under the Phantom SRP

ii)  Sale of 20,088 Shares vested under i) above

iii) Vesting of 17,846 Shares pursuant to the 2017 Deferred Bonus award under the Phantom SRP

iv) Sale of 17,846 Shares vested under iii) above

v)  Vesting of 38,514 Shares pursuant to the 2018 Deferred Bonus award under the Quilter SRP

vi) Sale of 38,514 Shares vested under v) above

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)   Nil ii)  £1.123818 iii) Nil iv) £1.123818 v)  Nil vi) £1.123818	i)   20,088 ii)  20,088 iii) 17,846 iv) 17,846 v)  38,514 vi) 38,514

d)

Aggregated information

- Aggregated volume

- Price

i)   Consideration price: Nil

ii)  Sale price: £1.123818

iii) Consideration price: Nil

iv) Sale price: £1.123818

v)  Consideration price: Nil

vi) Sale price: £1.123818

e)

Date of the transaction

i)   2020-03-31

ii)  2020-03-31

iii) 2020-03-31

iv) 2020-03-31

v)  2020-03-31

vi) 2020-03-31

f)

Place of the transaction

i)   Outside a trading venue

ii)  London Stock Exchange, Main Market (XLON)

iii) Outside a trading venue

iv) London Stock Exchange, Main Market (XLON)

v)  Outside a trading venue

vi) London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mark Satchel

2

Reason for the notification

a)

Position/status

Chief Financial Officer - Director and PDMR

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Quilter plc

b)

LEI

54930092XIVK28RZGM95

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Ordinary shares with a nominal value of £0.07 each ("Shares")

GB00BDCXV269

b)

Nature of the transaction

i)   Vesting of 52,583 Shares pursuant to the 2016 Deferred Bonus award under the Phantom SRP

ii)  Sale of 24,800 Shares vested under i) above to settle tax liability and dealing costs

iii) Vesting of 51,833 Shares pursuant to the 2017 Deferred Bonus award under the Phantom SRP

iv) Sale of 24,448 Shares vested under iii) above to settle tax liability and dealing costs

v)  Vesting of 77,030 Shares pursuant to the 2018 Deferred Bonus award under the Quilter SRP

vi) Sale of 36,333 Shares vested under v) above to settle tax liability and dealing costs

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)   Nil ii)  £1.123818 iii) Nil iv) £1.123818 v)  Nil vi) £1.123818	i)   52,583 ii)  24,800 iii) 51,833 iv) 24,448 v)  77,030 vi) 36,333

d)

Aggregated information

- Aggregated volume

- Price

i)   Consideration price: Nil

ii)  Sale price: £1.123818

iii) Consideration price: Nil

iv) Sale price: £1.123818

v)  Consideration price: Nil

vi) Sale price: £1.123818

e)

Date of the transaction

i)   2020-03-31

ii)  2020-03-31

iii) 2020-03-31

iv) 2020-03-31

v)  2020-03-31

vi) 2020-03-31

f)

Place of the transaction

i)   Outside a trading venue

ii)  London Stock Exchange, Main Market (XLON)

iii) Outside a trading venue

iv) London Stock Exchange, Main Market (XLON)

v)  Outside a trading venue

vi) London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew Thompson

2

Reason for the notification

a)

Position/status

CEO, Quilter Financial Planning - PDMR

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Quilter plc

b)

LEI

54930092XIVK28RZGM95

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code

Ordinary shares with a nominal value of £0.07 each ("Shares")

GB00BDCXV269

b)

Nature of the transaction

i)   Vesting of 37,004 Shares pursuant to the 2016 Deferred Bonus award under the Phantom SRP

ii)  Vesting of 28,448 Shares pursuant to the 2017 Deferred Bonus award under the Phantom SRP

iii) Vesting of 49,726 Shares pursuant to the 2018 Deferred Bonus award under the Quilter SRP

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)   Nil ii)  Nil iii) Nil	i)   37,004 ii)  28,448 iii) 49,726

d)

Aggregated information

- Aggregated volume

- Price

i)   Consideration price: Nil

ii)  Consideration price: Nil

iii) Consideration price: Nil

e)

Date of the transaction

i)   2020-03-31

ii)  2020-03-31

iii) 2020-03-31

f)

Place of the transaction

i)   Outside a trading venue

ii)  Outside a trading venue

iii) Outside a trading venue

Enquiries:

Patrick Gonsalves

Company Secretary

+ 44 (0)7391867081

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