Old Mutual PLC Issue of Quilter Bond Prospectus (2933K)
April 09 2018 - 1:17PM
UK Regulatory
TIDMOML
RNS Number : 2933K
Old Mutual PLC
09 April 2018
Old Mutual plc
Ref 189/18
9 April 2018
Issue of Quilter Bond prospectus
Old Mutual plc notes that its subsidiary Quilter Plc (
"Quilter") has today issued a bond prospectus in respect of up to
GBP200,000,000 4.478% Fixed Rate Reset Subordinated Notes due 2028
(the "Notes"). At the Old Mutual plc annual results announced on 15
March 2018, Quilter announced it had issued the Notes to J.P.
Morgan Securities plc and that it intended to finalise a prospectus
and obtain a listing for the Notes on the regulated market of the
London Stock Exchange plc, with a view to a potential remarketing
and secondary placement of the Notes. The prospectus has been
published by Quilter today in connection with the listing and the
remarketing and secondary placement of the Notes.
DISCLAIMER - INTENDED ADDRESSEES
Please note that the information contained in the Prospectus may
be addressed to and/or targeted at persons who are residents of
particular countries (specified in the Prospectus) only and is not
intended for use and should not be relied upon by any person
outside these countries and/or to whom the offer contained in the
prospectus is not addressed. Prior to relying on the information
contained in the Prospectus you must ascertain from the Prospectus
whether or not you are part of the intended addressees of the
information contained therein.
Your right to access this service is conditional upon complying
with the above requirement.
Enquiries
External communications
Patrick Bowes +44 20 7002 7440
Investor relations
Dominic Lagan (Old Mutual plc) +44 20 7002 7190
John-Paul Crutchley (Quilter) +44 20 7002 7016
Media
William Baldwin-Charles +44 20 7002 7133
+44 7834 524833
Notes to Editors
About Old Mutual plc
Old Mutual plc is a holding company for several financial
services companies. In March 2016, it announced a new strategy of
managed separation entailing the separation of its underlying
businesses into independently-listed, standalone entities.
The managed separation strategy seeks to preserve and release
the value currently trapped within the group structure. The managed
separation will be materially complete by the end of 2018.
BrightSphere Investment Group, a US based institutional asset
manager, which rebranded from OM Asset Management in March 2018, is
now independent from Old Mutual. The remaining underlying
businesses are:
Old Mutual Emerging Markets: Old Mutual Emerging Markets seeks
to become a premium African financial services group that offers a
broad spectrum of financial solutions to retail and corporate
customers across key market segments in 17 countries.
Nedbank: Nedbank ranks as a top-5 bank by capital on the African
continent and Ecobank, in which Nedbank maintains a 21.2%
shareholding, ranks within the top-10 banks by assets on the
African continent.
Quilter: Quilter is a leader in the UK and in selected offshore
markets in wealth management, providing advice-led investment
solutions and investment platforms to over 900,000 customers,
principally in the affluent market segment.
For the year ended 31 December 2017, Old Mutual reported an
adjusted operating profit before tax of GBP2.0 billion. For further
information on Old Mutual plc and the underlying businesses, please
visit the corporate website at www.oldmutualplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IODBBGDSGSGBGIC
(END) Dow Jones Newswires
April 09, 2018 13:17 ET (17:17 GMT)
Old Mutual (LSE:OML)
Historical Stock Chart
From Jun 2024 to Jul 2024
Old Mutual (LSE:OML)
Historical Stock Chart
From Jul 2023 to Jul 2024