Quilter PLC

Director's Dealing • Apr 4, 2023

National Storage Mechanism | Additional information

RNS Number : 3579V

Quilter PLC

04 April 2023

04 April 2023

Quilter plc

(the "Company")

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

The Company announces the following awards granted to Directors and PDMRs on 3 April 2023 over ordinary shares of 8 1/6 pence each in the Company ("Shares") under the Quilter Performance Share Plan ("Quilter PSP") and the Quilter Share Reward Plan ("Quilter SRP").

Taking into account the recent share price volatility and the absolute and relative fall in the Company's share price since the prior year grant of share awards, the Board Remuneration Committee has scaled back the level of long-term incentive and restricted stock unit awards for PDMRs. The Board Remuneration Committee also retains discretion to further adjust award outcomes at vesting to take into account windfall gains if necessary.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Marcus Brookes

2

Reason for the notification

a)

Position/status

Chief Investment Officer and Managing Director, Quilter Investors - 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 8 1/6 pence each ("Shares")

GB00BNHSJN34

b)

Nature of the transaction

i)    Award of nil-cost options over 315,789 Shares under the Quilter PSP (2023 Long Term Incentive Plan award)

ii)   Conditional award over 142,416 Shares under the Quilter SRP (2022 Deferred Bonus award)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)    Nil ii)   Nil	i)    315,789 ii)   142,416

d)

Aggregated information

- Aggregated volume

- Price

i)          Consideration price: Nil

Market value: £0.8426

ii)         Consideration price: Nil

Market value: £0.8426

e)

Date of the transaction

i)          2023-04-03

ii)         2023-04-03

f)

Place of the transaction

i)          Outside a trading venue

ii)         Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Penny Cole

2

Reason for the notification

a)

Position/status

Human Resources Director - 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 8 1/6 pence each ("Shares")

GB00BNHSJN34

b)

Nature of the transaction

i)    Award of nil-cost options over 185,263 Shares under the Quilter PSP (2023 Long Term Incentive Plan award)

ii)   Conditional award over 48,659 Shares under the Quilter SRP (2022 Deferred Bonus award)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)    Nil ii)   Nil	i)    185,263 ii)   48,659

d)

Aggregated information

- Aggregated volume

- Price

i)          Consideration price: Nil

Market value: £0.8426

ii)         Consideration price: Nil

Market value: £0.8426

e)

Date of the transaction

i)          2023-04-03

ii)         2023-04-03

f)

Place of the transaction

i)          Outside a trading venue

ii)         Outside a trading venue

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 8 1/6 pence each ("Shares")

GB00BNHSJN34

b)

Nature of the transaction

i)    Award of nil-cost options over 542,105 Shares under the Quilter PSP (2023 Long Term Incentive Plan award)

ii)   Conditional award over 254,451 Shares under the Quilter SRP (2022 Deferred Bonus award)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)    Nil ii)   Nil	i)    542,105 ii)   254,451

d)

Aggregated information

- Aggregated volume

- Price

i)          Consideration price: Nil

Market value: £0.8426

ii)         Consideration price: Nil

Market value: £0.8426

e)

Date of the transaction

i)          2023-04-03

ii)         2023-04-03

f)

Place of the transaction

i)          Outside a trading venue

ii)         Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Stephen Gazard

2

Reason for the notification

a)

Position/status

Chief Distribution Officer and Chief Executive Officer, 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 8 1/6 pence each ("Shares")

GB00BNHSJN34

b)

Nature of the transaction

i)    Award of nil-cost options over 336,842 Shares under the Quilter PSP (2023 Long Term Incentive Plan award)

ii)   Conditional award over 144,315 Shares under the Quilter SRP (2022 Deferred Bonus award)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)    Nil ii)   Nil	i)    336,842 ii)   144,315

d)

Aggregated information

- Aggregated volume

- Price

i)          Consideration price: Nil

Market value: £0.8426

ii)         Consideration price: Nil

Market value: £0.8426

e)

Date of the transaction

i)          2023-04-03

ii)         2023-04-03

f)

Place of the transaction

i)          Outside a trading venue

ii)         Outside a trading venue

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 - 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 8 1/6 pence each ("Shares")

GB00BNHSJN34

b)

Nature of the transaction

i)    Award of nil-cost options over 1,210,526 Shares under the Quilter PSP (2023 Long Term Incentive Plan award)

ii)   Conditional award over 223,000 Shares under the Quilter SRP (2022 Deferred Bonus award)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)    Nil ii)   Nil	i)    1,210,526 ii)   223,000

d)

Aggregated information

- Aggregated volume

- Price

i)          Consideration price: Nil

Market value: £0.8426

ii)         Consideration price: Nil

Market value: £0.8426

e)

Date of the transaction

i)          2023-04-03

ii)         2023-04-03

f)

Place of the transaction

i)          Outside a trading venue

ii)         Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew McGlone

2

Reason for the notification

a)

Position/status

Chief Executive Officer, Quilter Cheviot and Quilter Private Client Advisers - 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 8 1/6 pence each ("Shares")

GB00BNHSJN34

b)

Nature of the transaction

i)    Award of nil-cost options over 357,895 Shares under the Quilter PSP (2023 Long Term Incentive Plan award)

ii)   Conditional award over 145,265 Shares under the Quilter SRP (2022 Deferred Bonus award)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)    Nil ii)   Nil	i)    357,895 ii)   145,265

d)

Aggregated information

- Aggregated volume

- Price

i)          Consideration price: Nil

Market value: £0.8426

ii)         Consideration price: Nil

Market value: £0.8426

e)

Date of the transaction

i)          2023-04-03

ii)         2023-04-03

f)

Place of the transaction

i)          Outside a trading venue

ii)         Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nicholas Sacre-Hardy

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 8 1/6 pence each ("Shares")

GB00BNHSJN34

b)

Nature of the transaction

i)    Conditional award over 92,105 Shares under the Quilter PSP (2023 Restricted Stock Units)

ii)   Conditional award over 59,340 Shares under the Quilter SRP (2022 Deferred Bonus award)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)    Nil ii)   Nil	i)    92,105 ii)   59,340

d)

Aggregated information

- Aggregated volume

- Price

i)          Consideration price: Nil

Market value: £0.8426

ii)         Consideration price: Nil

Market value: £0.8426

e)

Date of the transaction

i)          2023-04-03

ii)         2023-04-03

f)

Place of the transaction

i)          Outside a trading venue

ii)         Outside a trading venue

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 8 1/6 pence each ("Shares")

GB00BNHSJN34

b)

Nature of the transaction

i)    Award of nil-cost options over 994,737 Shares under the Quilter PSP (2023 Long Term Incentive Plan award)

i)    Conditional award over 247,745 Shares under the Quilter SRP (2022 Deferred Bonus award)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)    Nil ii)   Nil	ii)   994,737 iii)   247,745

d)

Aggregated information

- Aggregated volume

- Price

i)          Consideration price: Nil

Market value: £0.8426

ii)         Consideration price: Nil

Market value: £0.8426

e)

Date of the transaction

i)          2023-04-03

ii)         2023-04-03

f)

Place of the transaction

i)          Outside a trading venue

ii)         Outside a trading venue

Enquiries:

Clare Barrett

Company Secretary

+ 44 (0)77 4138 4512

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