TIDMQLT

RNS Number : 1404Z

Quilter PLC

11 May 2023

11 May 2023

Quilter plc

(the "Company")

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

The Company announces that on 10 May 2023 the following Directors and PDMRs were granted options to purchase ordinary shares of 8 1/6 pence each in the Company ("Shares") pursuant to the Quilter plc 2023 Sharesave Plan at an exercise price of 69 pence per share.

The options are, in normal circumstances, not exercisable until the completion of either a three- or five-year savings contract and will then be exercisable for a period of six months. The exercise periods, in normal circumstances, are therefore as follows:

 
 Length of savings   Exercise period 
  contract 
 Three years         1 July 2026 to 31 December 
                      2026 
                    --------------------------- 
 Five years          1 July 2028 to 31 December 
                      2028 
                    --------------------------- 
 

In addition, certain PDMRs elected to cancel their participation in the Quilter plc 2022 Sharesave Plan, resulting in the lapse of options originally granted to them on 10 May 2022 with an exercise price of GBP1.17 per share. The notification form for each PDMR provides full details below.

 
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          Ordinary shares with a nominal value of 8 1/6 pence each 
    instrument Identification code                            ("Shares") 
 
 
                                                              GB00BNHSJN34 
    ========================================================  ======================================================== 
b)  Nature of the transaction                                 Option over 26,086 Shares granted pursuant to the 
                                                              Quilter plc 2023 Sharesave Plan (subject 
                                                              to a three-year savings contract) 
    ========================================================  ======================================================== 
c)  Price(s) and volume(s)                                        Price(s)          Volume(s) 
                                                                               Nil         26,086 
                                                                                     ============ 
    ========================================================  ======================================================== 
d)  Aggregated information                                    Consideration price: Nil 
     - Aggregated volume 
     - Price 
    ========================================================  ======================================================== 
e)  Date of the transaction                                                     2023-05-10 
    ========================================================  ======================================================== 
f)  Place of the transaction                                         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          Ordinary shares with a nominal value of 8 1/6 pence 
     instrument Identification code                            each ("Shares") 
 
 
                                                               GB00BNHSJN34 
     ========================================================  ======================================================= 
b)   Nature of the transaction                                       1) Cancellation of options under the Quilter plc 
                                                                     2022 Sharesave plan (subject to a three-year 
                                                                     savings contract) 
                                                                     2) Option over 26,086 Shares granted pursuant to 
                                                                     the Quilter plc 2023 Sharesave Plan (subject 
                                                                     to a three-year savings contract) 
     ========================================================  ======================================================= 
c)   Price(s) and volume(s)                                        Price(s)        Volume(s) 
                                                                          1) Nil                1) 15,384 
                                                                           2) Nil                2) 26,086 
                                                                                    ====================== 
     ========================================================  ======================================================= 
d)   Aggregated information                                          1) Consideration price: Nil 
      - Aggregated volume                                             2) Consideration price: Nil 
      - Price 
     ========================================================  ======================================================= 
e)   Date of the transaction                                         1) 2023-04-14 
                                                                      2) 2023-05-10 
 ============================================================  ======================================================= 
f)   Place of the transaction                                         1) Outside a trading venue 
                                                                       2) 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          Ordinary shares with a nominal value of 8 1/6 pence 
     instrument Identification code                            each ("Shares") 
 
 
                                                               GB00BNHSJN34 
     ========================================================  ======================================================= 
b)   Nature of the transaction                                       1) Cancellation of options under the Quilter plc 
                                                                     2022 Sharesave plan (subject to a three-year 
                                                                     savings contract) 
                                                                     2) Option over 43,478 Shares granted pursuant to 
                                                                     the Quilter plc 2023 Sharesave Plan (subject 
                                                                     to a five-year savings contract) 
     ========================================================  ======================================================= 
c)   Price(s) and volume(s)                                        Price(s)        Volume(s) 
                                                                          1) Nil          1) 15,384 
                                                                           2) Nil          2) 43,478 
                                                                                    ================ 
     ========================================================  ======================================================= 
d)   Aggregated information                                          1) Consideration price: Nil 
      - Aggregated volume                                             2) Consideration price: Nil 
      - Price 
     ========================================================  ======================================================= 
e)   Date of the transaction                                          1) 2023-04-17 
                                                                       2) 2023-05-10 
 ============================================================  ======================================================= 
f)   Place of the transaction                                        1) Outside a trading venue 
                                                                      2) 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          Ordinary shares with a nominal value of 8 1/6 pence 
     instrument Identification code                            each ("Shares") 
 
 
                                                               GB00BNHSJN34 
     ========================================================  ======================================================= 
b)   Nature of the transaction                                             1) Cancellation of options under the 
                                                                           Quilter plc 2022 Sharesave plan (subject to 
                                                                           a three-year 
                                                                           savings contract) 
                                                                           2) Option over 26,086 Shares granted 
                                                                           pursuant to the Quilter plc 2023 Sharesave 
                                                                           Plan (subject 
                                                                           to a three-year savings contract) 
     ========================================================  ======================================================= 
c)   Price(s) and volume(s)                                        Price(s)        Volume(s) 
                                                                          1) Nil                1) 15,384 
                                                                           2) Nil                2) 26,086 
                                                                                    ====================== 
     ========================================================  ======================================================= 
d)   Aggregated information                                          1) Consideration price: Nil 
      - Aggregated volume                                             2) Consideration price: Nil 
      - Price 
     ========================================================  ======================================================= 
e)   Date of the transaction                                         1) 2023-04-23 
                                                                      2) 2023-05-10 
 ============================================================  ======================================================= 
f)   Place of the transaction                                         1) Outside a trading venue 
                                                                       2) 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                                           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          Ordinary shares with a nominal value of 8 1/6 pence 
     instrument Identification code                            each ("Shares") 
 
 
                                                               GB00BNHSJN34 
     ========================================================  ======================================================= 
b)   Nature of the transaction                                       1) Cancellation of options under the Quilter plc 
                                                                     2022 Sharesave plan (subject to a three-year 
                                                                     savings contract) 
                                                                     2) Option over 26,086 Shares granted pursuant to 
                                                                     the Quilter plc 2023 Sharesave Plan (subject 
                                                                     to a three-year savings contract) 
     ========================================================  ======================================================= 
c)   Price(s) and volume(s)                                        Price(s)        Volume(s) 
                                                                          1) Nil          1) 15,384 
                                                                           2) Nil          2) 26,086 
                                                                                    ================ 
     ========================================================  ======================================================= 
d)   Aggregated information                                          1) Consideration price: Nil 
      - Aggregated volume                                             2) Consideration price: Nil 
      - Price 
     ========================================================  ======================================================= 
e)   Date of the transaction                                         1) 2023-05-02 
                                                                      2) 2023-05-10 
 ============================================================  ======================================================= 
f)   Place of the transaction                                         1) Outside a trading venue 
                                                                       2) 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          Ordinary shares with a nominal value of 8 1/6 pence 
     instrument Identification code                            each ("Shares") 
 
 
                                                               GB00BNHSJN34 
     ========================================================  ======================================================= 
b)   Nature of the transaction                                       1) Cancellation of options under the Quilter plc 
                                                                     2022 Sharesave plan (subject to a five-year 
                                                                     savings contract) 
                                                                     2) Option over 43,478 Shares granted pursuant to 
                                                                     the Quilter plc 2023 Sharesave Plan (subject 
                                                                     to a five-year savings contract) 
     ========================================================  ======================================================= 
c)   Price(s) and volume(s)                                        Price(s)        Volume(s) 
                                                                          1) Nil          1) 25,641 
                                                                           2) Nil          2) 43,478 
                                                                                    ================ 
     ========================================================  ======================================================= 
d)   Aggregated information                                          1) Consideration price: Nil 
      - Aggregated volume                                             2) Consideration price: Nil 
      - Price 
     ========================================================  ======================================================= 
e)   Date of the transaction                                      1) 2023-04-17 
                                                                   2) 2023-05-10 
 ============================================================  ======================================================= 
f)   Place of the transaction                                              1) Outside a trading venue 
                                                                            2) Outside a trading venue 
     ========================================================  ======================================================= 
 

Enquiries:

Clare Barrett

Company Secretary

+ 44 (0)77 4138 4512

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May 11, 2023 09:00 ET (13:00 GMT)

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