Quilter PLC

Director's Dealing • May 25, 2023

National Storage Mechanism | Additional information

RNS Number : 6931A

Quilter PLC

25 May 2023

25 May 2023

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 8 1/6 pence each ("Shares") which took place on 22 May 2023, in connection with the Company's final dividend for the year ended 31 December 2022 ("2022 Final Dividend").

Reinvestment of 2022 Final Dividend paid on Shares held under the Quilter Share Incentive Plan

Director/PDMR	No. of Shares	Consideration
Penny Cole	56	£0.8455
Stephen Gazard	56	£0.8455
Steven Levin	56	£0.8455
Andy McGlone	56	£0.8455
Nick Sacre-Hardy	56	£0.8455
Mark Satchel	56	£0.8455

Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional awards over Shares (details provided in individual disclosures below)

Director/PDMR	No. of Shares	Consideration
Marcus Brookes	27,447	Nil
Penny Cole	12,532	Nil
Karin Cook	68,718	Nil
Stephen Gazard	33,910	Nil
Steven Levin	81,193	Nil
Andy McGlone	39,037	Nil
Nick Sacre-Hardy	10,432	Nil
Mark Satchel	102,883	Nil

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)    Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (Recruitment award).

ii)   Conditional entitlement to 2022 Final Dividend equivalent in respect of award of nil-cost options under the Quilter Performance Share Plan (2023 Long Term Incentive award).

iii)   Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Performance Share Plan (2022 Restricted Stock Unit award).

iv)  Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (2021 Deferred bonus award).

v)   Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (2022 Deferred bonus award).

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)     Nil ii)    Nil iii)   Nil iv)   Nil v)    Nil	i)        2,119 ii)       12,216 iii)      3,548 iv)      4,055 v)       5,509

d)

Aggregated information

- Aggregated volume

- Price

i)   Consideration price: Nil

Market value: £0.853

ii)  Consideration price: Nil

Market value: £0.853

iii) Consideration price: Nil

Market value: £0.853

iv) Consideration price: Nil

Market value: £0.853

v)  Consideration price: Nil

Market value: £0.853

e)

Date of the transaction

i)       2023-05-22

ii)      2023-05-22

iii)     2023-05-22

iv)     2023-05-22

v)      2023-05-22

f)

Place of the transaction

i)       Outside a trading venue

ii)      Outside a trading venue

iii)     Outside a trading venue

iv)     Outside a trading venue

v)      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)    Reinvestment of 2022 Final Dividend paid on Shares held under the Quilter Share Incentive Plan.

ii)   Conditional entitlement to 2022 Final Dividend equivalent in respect of award of nil-cost options under the Quilter Performance Share Plan (2023 Long Term Incentive award).

iii)   Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Performance Share Plan (2021 Restricted Stock Unit award).

iv)  Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Performance Share Plan (2022 Restricted Stock Unit award).

v)   Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (2021 Deferred bonus award).

vi)  Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (2022 Deferred bonus award). 

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)     £0.8455 ii)    Nil iii)   Nil iv)   Nil v)    Nil vi)   Nil	i)        56 ii)       7,167 iii)      777 iv)      1,846 v)       860 vi)      1,882

d)

Aggregated information

- Aggregated volume

- Price

i)   Consideration price: £0.8455

ii)  Consideration price: Nil

Market value: £0.853

iii) Consideration price: Nil

Market value: £0.853

iv) Consideration price: Nil

Market value: £0.853

v)  Consideration price: Nil

Market value: £0.853

vi) Consideration price: Nil

Market value: £0.853

e)

Date of the transaction

i)       2023-05-22; 09:24 UTC

ii)      2023-05-22

iii)     2023-05-22

iv)     2023-05-22

v)      2023-05-22

vi)     2023-05-22

f)

Place of the transaction

i)       London Stock Exchange, Main Market (XLON)

ii)      Outside a trading venue

iii)     Outside a trading venue

iv)     Outside a trading venue

v)      Outside a trading venue

vi)     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)    Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (Recruitment award).

ii)   Conditional entitlement to 2022 Final Dividend equivalent in respect of award of nil-cost options under the Quilter Performance Share Plan (2021 Long Term Incentive award).

iii)   Conditional entitlement to 2022 Final Dividend equivalent in respect of award of nil-cost options under the Quilter Performance Share Plan (2022 Long Term Incentive award).

iv)  Conditional entitlement to 2022 Final Dividend equivalent in respect of award of nil-cost options under the Quilter Performance Share Plan (2023 Long Term Incentive award).

v)   Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (2021 Deferred bonus award).

vi)  Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (2022 Deferred bonus award).

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)      Nil ii)     Nil iii)    Nil iv)    Nil v)     Nil vi)    Nil	i)        4,239 ii)       12,812 iii)      15,098 iv)      20,972 v)       5,754 vi)      9,843

d)

Aggregated information

- Aggregated volume

- Price

i)   Consideration price: Nil

Market value: £0.853

ii)  Consideration price: Nil

Market value: £0.853

iii) Consideration price: Nil

Market value: £0.853

iv) Consideration price: Nil

Market value: £0.853

v)  Consideration price: Nil

Market value: £0.853

vi) Consideration price: Nil

Market value: £0.853

e)

Date of the transaction

i)       2023-05-22

ii)      2023-05-22

iii)     2023-05-22

iv)     2023-05-22

v)      2023-05-22

vi)     2023-05-22

f)

Place of the transaction

i)       Outside a trading venue

ii)      Outside a trading venue

iii)     Outside a trading venue

iv)     Outside a trading venue

v)      Outside a trading venue

vi)     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)    Reinvestment of 2022 Final Dividend paid on Shares held under the Quilter Share Incentive Plan.

ii)   Conditional entitlement to 2022 Final Dividend equivalent in respect of award of nil-cost options under the Quilter Performance Share Plan (2023 Long Term Incentive award).

iii)   Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Performance Share Plan (2021 Restricted Stock Unit award).

iv)  Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Performance Share Plan (2022 Restricted Stock Unit award).

v)   Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (2021 Deferred bonus award).

vi)  Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (2022 Deferred bonus award).

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)      £0.8455 ii)     Nil iii)    Nil iv)    Nil v)     Nil vi)    Nil	i)        56 ii)       13,031 iii)      5,597 iv)      6,596 v)       3,103 vi)      5,583

d)

Aggregated information

- Aggregated volume

- Price

i)   Consideration price: £0.8455

ii)  Consideration price: Nil

Market value: £0.853

iii) Consideration price: Nil

Market value: £0.853

iv) Consideration price: Nil

Market value: £0.853

v)  Consideration price: Nil

Market value: £0.853

vi) Consideration price: Nil

Market value: £0.853

e)

Date of the transaction

i)       2023-05-22; 09:24 UTC

ii)      2023-05-22

iii)     2023-05-22

iv)     2023-05-22

v)      2023-05-22

vi)     2023-05-22

f)

Place of the transaction

i)       London Stock Exchange, Main Market (XLON)

ii)      Outside a trading venue

iii)     Outside a trading venue

iv)     Outside a trading venue

v)      Outside a trading venue

vi)     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)    Reinvestment of 2022 Final Dividend paid on Shares held under the Quilter Share Incentive Plan.

ii)   Conditional entitlement to 2022 Final Dividend equivalent in respect of award of nil-cost options under the Quilter Performance Share Plan (2021 Long Term Incentive award).

iii)   Conditional entitlement to 2022 Final Dividend equivalent in respect of award of nil-cost options under the Quilter Performance Share Plan (2022 Long Term Incentive award).

iv)  Conditional entitlement to 2022 Final Dividend equivalent in respect of award of nil-cost options under the Quilter Performance Share Plan (2023 Long Term Incentive award).

v)   Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (2021 Deferred bonus award).

vi)  Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (2022 Deferred bonus award).

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)      £0.8455 ii)     Nil iii)    Nil iv)    Nil v)     Nil vi)    Nil	i)        56 ii)       9,951 iii)      11,727 iv)      46,831 v)       4,057 vi)      8,627

d)

Aggregated information

- Aggregated volume

- Price

i)   Consideration price: £0.8455

ii)  Consideration price: Nil

Market value: £0.853

iii) Consideration price: Nil

Market value: £0.853

iv) Consideration price: Nil

Market value: £0.853

v)  Consideration price: Nil

Market value: £0.853

vi) Consideration price: Nil

Market value: £0.853

e)

Date of the transaction

i)       2023-05-22; 09:24 UTC

ii)      2023-05-22

iii)     2023-05-22

iv)     2023-05-22

v)      2023-05-22

vi)     2023-05-22

f)

Place of the transaction

i)       London Stock Exchange, Main Market (XLON)

ii)      Outside a trading venue

iii)     Outside a trading venue

iv)     Outside a trading venue

v)      Outside a trading venue

vi)     Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andy 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)    Reinvestment of 2022 Final Dividend paid on Shares held under the Quilter Share Incentive Plan.

ii)   Conditional entitlement to 2022 Final Dividend equivalent in respect of award of nil-cost options under the Quilter Performance Share Plan (2021 Long Term Incentive award).

iii)   Conditional entitlement to 2022 Final Dividend equivalent in respect of award of nil-cost options under the Quilter Performance Share Plan (2022 Long Term Incentive award).

iv)  Conditional entitlement to 2022 Final Dividend equivalent in respect of award of nil-cost options under the Quilter Performance Share Plan (2023 Long Term Incentive award).

v)   Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (2021 Deferred bonus award).

vi)  Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (2022 Deferred bonus award).

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)      £0.8455 ii)     Nil iii)    Nil iv)    Nil v)     Nil vi)    Nil	i)        56 ii)       7,463 iii)      8,795 iv)      13,845 v)       3,315 vi)      5,619

d)

Aggregated information

- Aggregated volume

- Price

i)   Consideration price: £0.8455

ii)  Consideration price: Nil

Market value: £0.853

iii) Consideration price: Nil

Market value: £0.853

iv) Consideration price: Nil

Market value: £0.853

v)  Consideration price: Nil

Market value: £0.853

vi) Consideration price: Nil

Market value: £0.853

e)

Date of the transaction

i)       2023-05-22; 09:24 UTC

ii)      2023-05-22

iii)     2023-05-22

iv)     2023-05-22

v)      2023-05-22

vi)     2023-05-22

f)

Place of the transaction

i)       London Stock Exchange, Main Market (XLON)

ii)      Outside a trading venue

iii)     Outside a trading venue

iv)     Outside a trading venue

v)      Outside a trading venue

vi)     Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nick Sacre-Hardy

2

Reason for the notification

a)

Position/status

Interim 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)    Reinvestment of 2022 Final Dividend paid on Shares held under the Quilter Share Incentive Plan.

ii)   Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Performance Share Plan (2021 Restricted Stock Unit award).

iii)   Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Performance Share Plan (2022 Restricted Stock Unit award).

iv)  Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Performance Share Plan (2023 Restricted Stock Unit award).

v)   Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (2021 Deferred bonus award).

vi)  Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (2022 Deferred bonus award).

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)      £0.8455 ii)     Nil iii)    Nil iv)    Nil v)     Nil vi)    Nil	i)        56 ii)       1,741 iii)      2,052 iv)      3,563 v)       781 vi)      2,295

d)

Aggregated information

- Aggregated volume

- Price

i)   Consideration price: £0.8455

ii)  Consideration price: Nil

Market value: £0.853

iii) Consideration price: Nil

Market value: £0.853

iv) Consideration price: Nil

Market value: £0.853

v)  Consideration price: Nil

Market value: £0.853

vi) Consideration price: Nil

Market value: £0.853

e)

Date of the transaction

i)       2023-05-22; 09:24 UTC

ii)      2023-05-22

iii)     2023-05-22

iv)     2023-05-22

v)      2023-05-22

vi)     2023-05-22

f)

Place of the transaction

i)       London Stock Exchange, Main Market (XLON)

ii)      Outside a trading venue

iii)     Outside a trading venue

iv)     Outside a trading venue

v)      Outside a trading venue

vi)     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)    Reinvestment of 2022 Final Dividend paid on Shares held under the Quilter Share Incentive Plan.

ii)   Conditional entitlement to 2022 Final Dividend equivalent in respect of award of nil-cost options under the Quilter Performance Share Plan (2021 Long Term Incentive award).

iii)   Conditional entitlement to 2022 Final Dividend equivalent in respect of award of nil-cost options under the Quilter Performance Share Plan (2022 Long Term Incentive award).

iv)  Conditional entitlement to 2022 Final Dividend equivalent in respect of award of nil-cost options under the Quilter Performance Share Plan (2023 Long Term Incentive award).

v)   Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (2021 Deferred bonus award).

vi)  Conditional entitlement to 2022 Final Dividend equivalent in respect of conditional award over Shares under the Quilter Share Reward Plan (2022 Deferred bonus award).

c)

Price(s) and volume(s)

Price(s)	Volume(s)
i)      £0.8455 ii)     Nil iii)    Nil iv)    Nil v)     Nil vi)    Nil	i)        56 ii)       22,391 iii)      26,386 iv)      38,483 v)       6,039 vi)      9,584

d)

Aggregated information

- Aggregated volume

- Price

i)   Consideration price: £0.8455

ii)  Consideration price: Nil

Market value: £0.853

iii) Consideration price: Nil

Market value: £0.853

iv) Consideration price: Nil

Market value: £0.853

v)  Consideration price: Nil

Market value: £0.853

vi) Consideration price: Nil

Market value: £0.853

e)

Date of the transaction

i)       2023-05-22; 09:24 UTC

ii)      2023-05-22

iii)     2023-05-22

iv)     2023-05-22

v)      2023-05-22

vi)     2023-05-22

f)

Place of the transaction

i)       London Stock Exchange, Main Market (XLON)

ii)      Outside a trading venue 

iii)     Outside a trading venue

iv)     Outside a trading venue

v)      Outside a trading venue

vi)     Outside a trading venue

Enquiries:

Clare Barrett

Company Secretary

+ 44 (0)77 4138 4512

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END

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