Director/PDMR Shareholding

RNS Number : 3617U

Quilter PLC

28 March 2019

 

LEI: 54930092XIVK28RZGM95

28 March 2019

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:

1)   Awards over Shares granted on 25 March 2019 under the Quilter Share Reward Plan ("Quilter SRP") and the Quilter Performance Share Plan ("Quilter PSP"); and

2)   The vesting and sale of Shares granted pursuant to the 2017 Deferred Bonus awards made under the Phantom Share Reward Plan ("Phantom SRP"), which took place on 22-26 March 2019.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Michelle Andrews
2	Reason for the notification
a)	Position/status	Chief Marketing 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)   Conditional award over 64,980 Shares under the Quilter SRP (2018 Deferred Bonus award) ii)  Award of nil-cost options over 176,578 Shares under the Quilter PSP (2019 Long Term Incentive Plan award) iii) Vesting of 11,029 Shares pursuant to the 2017 Deferred Bonus award under the Phantom SRP iv) Sale of 5,256 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)  Nil iii) Nil iv) 1.403942 i)   64,980 ii)  176,578 iii) 11,029 iv) 5,256
d)	Aggregated information - Aggregated volume - Price	i)   Consideration price: Nil Market value: £1.4158 ii)  Consideration price: Nil Market value: £1.4158 iii) Consideration price: Nil iv) Sale price: £ 1.403942
e)	Date of the transaction	i)   2019-03-25 ii)  2019-03-25 iii) 2019-03-22 iv) 2019-03-26
f)	Place of the transaction	i)   Outside a trading venue ii)  Outside a trading venue 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	Matthew Burton
2	Reason for the notification
a)	Position/status	Chief Internal Auditor - 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)   Conditional award over 122,898 Shares under the Quilter SRP (2018 Deferred bonus award) ii)  Conditional award over 161,569 Shares under the Quilter PSP (2019 Restricted Stock Unit award) iii) Vesting of 27,691 Shares pursuant to the 2017 Deferred Bonus award under the Phantom SRP iv) Sale of 27,691 Shares vested under iii) above
c)	Price(s) and volume(s)	Price(s) Volume(s) i)   Nil ii)  Nil iii) Nil iv) £1.403942 i)   122,898 ii)  161,569 iii) 27,691 iv) 27,691
d)	Aggregated information - Aggregated volume - Price	i)   Consideration price: Nil Market value: £1.4158 ii)  Consideration price: Nil Market value: £1.4158 iii) Consideration price: Nil iv) Sale price: £1.403942
e)	Date of the transaction	i)   2019-03-25 ii)  2019-03-25 iii) 2019-03-22 iv) 2019-03-26
f)	Place of the transaction	i)   Outside a trading venue ii)  Outside a trading venue 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	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)   Conditional award over 300,183  Shares under the Quilter SRP (Recruitment award) ii)  Award of nil-cost options over 363,751 Shares under the Quilter PSP (2019 Long Term Incentive Plan award)
c)	Price(s) and volume(s)	Price(s) Volume(s) i)   Nil ii)  Nil i)   300,183 ii)  363,751
d)	Aggregated information - Aggregated volume - Price	i)   Consideration price: Nil Market value: £1.4158 ii)  Consideration price: Nil Market value: £1.4158
e)	Date of the transaction	i)   2019-03-25 ii)  2019-03-25
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	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)   Conditional award over 441,447 Shares under the Quilter SRP (2018 Deferred Bonus award) ii)  Award of nil-cost options over 953,524 Shares under the Quilter PSP (2019 Long Term Incentive Plan award)
c)	Price(s) and volume(s)	Price(s) Volume(s) i)   Nil ii)  Nil i)   441,447 ii)  953,524
d)	Aggregated information - Aggregated volume - Price	i)   Consideration price: Nil Market value: £1.4158 ii)  Consideration price: Nil Market value: £1.4158
e)	Date of the transaction	i)   2019-03-25 ii)  2019-03-25
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	Jane Goodland
2	Reason for the notification
a)	Position/status	Corporate Affairs 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 £0.07 each ("Shares") GB00BDCXV269
b)	Nature of the transaction	i)   Conditional award over 33,903 Shares under the Quilter SRP (2018 Deferred Bonus award) ii)  Award of nil-cost options over 105,947 Shares under the Quilter PSP (2019 Long Term Incentive Plan award) iii) Vesting of 1,942 Shares pursuant to the 2017 Deferred Bonus award under the Phantom SRP iv) Sale of 943 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)  Nil iii) Nil iv) £1.403942 i)   33,903 ii)  105,947 iii) 1,942 iv) 943
d)	Aggregated information - Aggregated volume - Price	i)   Consideration price: Nil Market value: £1.4158 ii)  Consideration price: Nil Market value: £1.4158 iii) Consideration price: Nil iv) Sale price: £1.403942
e)	Date of the transaction	i)   2019-03-25 ii)  2019-03-25 iii) 2019-03-22 iv) 2019-03-26
f)	Place of the transaction	i)   Outside a trading venue ii)  Outside a trading venue 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	Paul Hucknall
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 £0.07 each ("Shares") GB00BDCXV269
b)	Nature of the transaction	i)   Conditional award over 197,769 Shares under the Quilter SRP (2018 Deferred Bonus award) ii)  Award of nil-cost options over 282,525 Shares under the Quilter PSP (2019 Long Term Incentive Plan award) iii) Vesting of 17,505 Shares pursuant to the 2017 Deferred Bonus award under the Phantom SRP iv) Sale of 8,337 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)  Nil iii) Nil iv) £1.403942 i)   197,769 ii)  282,525 iii) 17,505 iv) 8,337
d)	Aggregated information - Aggregated volume - Price	i)   Consideration price: Nil Market value: £1.4158 ii)  Consideration price: Nil Market value: £1.4158 iii) Consideration price: Nil iv) Sale price: £1.403942
e)	Date of the transaction	i)   2019-03-25 ii)  2019-03-25 iii) 2019-03-22 iv) 2019-03-26
f)	Place of the transaction	i)   Outside a trading venue ii)  Outside a trading venue 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	Peter Kenny
2	Reason for the notification
a)	Position/status	CEO, Old Mutual International - 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)   Conditional award over 53,679 Shares under the Quilter SRP (2018 Deferred Bonus award) ii)  Award of nil-cost options over 155,389 Shares under the Quilter PSP (2019 Long Term Incentive Plan award) iii) Vesting of 11,313 Shares pursuant to the 2017 Deferred Bonus award under the Phantom SRP
c)	Price(s) and volume(s)	Price(s) Volume(s) i)   Nil ii)  Nil iii) Nil i)   53,679 ii)  155,389 iii) 11,313
d)	Aggregated information - Aggregated volume - Price	i)   Consideration price: Nil Market value: £1.4158 ii)  Consideration price: Nil Market value: £1.4158 iii) Consideration price: Nil
e)	Date of the transaction	i)   2019-03-25 ii)  2019-03-25 iii) 2019-03-22
f)	Place of the transaction	i)   Outside a trading venue ii)  Outside a trading venue iii) 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	CEO, UK Platform and Heritage - 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)   Conditional award over 175,167 Shares under the Quilter SRP (2018 Deferred Bonus award) ii)  Award of nil-cost options over 247,210 Shares under the Quilter PSP (2019 Long Term Incentive Plan award) iii) Vesting of 44,731 Shares pursuant to the 2017 Deferred Bonus award under the Phantom SRP iv) Sale of 44,731 Shares vested under iii) above
c)	Price(s) and volume(s)	Price(s) Volume(s) i)   Nil ii)  Nil iii) Nil iv) £1.403942 i)   175,167 ii)  247,210 iii) 44,731 iv) 44,731
d)	Aggregated information - Aggregated volume - Price	i)   Consideration price: Nil Market value: £1.4158 ii)  Consideration price: Nil Market value: £1.4158 iii) Consideration price: Nil iv) Sale price: £1.403942
e)	Date of the transaction	i)   2019-03-25 ii)  2019-03-25 iii) 2019-03-22 iv) 2019-03-26
f)	Place of the transaction	i)   Outside a trading venue ii)  Outside a trading venue 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	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)   Conditional award over 111,597 Shares under the Quilter SRP (2018 Deferred Bonus award) ii)  Award of nil-cost options over 194,236 Shares under the Quilter PSP (2019 Long Term Incentive Plan award) 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)  On-market acquisition of Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) i)   Nil ii)  Nil iii) Nil iv) £1.403942 v)  £1.4066 i)   111,597 ii)  194,236 iii) 17,846 iv) 17,846 v)  20,987
d)	Aggregated information - Aggregated volume - Price	i)   Consideration price: Nil Market value: £1.4158 ii)  Consideration price: Nil Market value: £1.4158 iii) Consideration price: Nil iv) Sale price: £1.403942 v)  Consideration price: £1.4066
e)	Date of the transaction	i)   2019-03-25 ii)  2019-03-25 iii) 2019-03-22 iv) 2019-03-26 v)  2019-03-27
f)	Place of the transaction	i)   Outside a trading venue ii)  Outside a trading venue iii) Outside a trading venue iv) London Stock Exchange, Main Market (XLON) v)  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)   Conditional award over 223,194 Shares under the Quilter SRP (2018 Deferred Bonus award) ii)  Award of nil-cost options over 635,683 Shares under the Quilter PSP (2019 Long Term Incentive Plan award) iii) Vesting of 51,833 Shares pursuant to the 2017 Deferred Bonus award under the Phantom SRP iv) Sale of 38,258 Shares vested under iii) above
c)	Price(s) and volume(s)	Price(s) Volume(s) i)   Nil ii)  Nil iii) Nil iv) £1.403942 i)   223,194 ii)  635,683 iii) 51,833 iv) 38,258
d)	Aggregated information - Aggregated volume - Price	i)   Consideration price: Nil Market value: £1.4158 ii)  Consideration price: Nil Market value: £1.4158 iii) Consideration price: Nil iv) Sale price: £1.403942
e)	Date of the transaction	i)   2019-03-25 ii)  2019-03-25 iii) 2019-03-22 iv) 2019-03-26
f)	Place of the transaction	i)   Outside a trading venue ii)  Outside a trading venue 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	Paul Simpson
2	Reason for the notification
a)	Position/status	CEO, 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 £0.07 each ("Shares") GB00BDCXV269
b)	Nature of the transaction	i)   Conditional award over 174,813Shares under the Quilter SRP (2018 Deferred Bonus award) ii)  Award of nil-cost options over 218,957 Shares under the Quilter PSP (2019 Long Term Incentive Plan award) iii) Award of 10,294 Shares as part of 2018 remuneration arrangements (subject to a six-month holding period) iv) Vesting of 42,970 Shares pursuant to the 2017 Deferred Bonus award under the Phantom SRP v)  Sale of 42,970 Shares vested under iii) above
c)	Price(s) and volume(s)	Price(s) Volume(s) i)   Nil ii)  Nil iii) Nil iv) Nil v)  £1.403942 i)   174,813 ii)  218,957 iii) 10,294 iv) 42,970 v)  42,970
d)	Aggregated information - Aggregated volume - Price	i)   Consideration price: Nil Market value: £1.4158 ii)  Consideration price: Nil Market value: £1.4158 iii) Consideration price: Nil Market value: £1.4158 iv) Consideration price: Nil v)  Sale price: £1.403942
e)	Date of the transaction	i)   2019-03-25 ii)  2019-03-25 iii) 2019-03-25 iv) 2019-03-22 v)  2019-03-26
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)  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, Intrinsic - 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)   Conditional award over 144,087 Shares under the Quilter SRP (2018 Deferred Bonus award) ii)  Award of nil-cost options over 218,957 Shares under the Quilter PSP (2019 Long Term Incentive Plan) iii) Vesting of 28,448 Shares pursuant to the 2017 Deferred Bonus award under the Phantom SRP iv) Sale of 13,548 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)  Nil iii) Nil iv) £1.403942 i)   144,087 ii)  218,957 iii) 28,448 iv) 13,548
d)	Aggregated information - Aggregated volume - Price	i)   Consideration price: Nil Market value: £1.4158 ii)  Consideration price: Nil Market value: £1.4158 iii) Consideration price: Nil iv) Sale price: £1.403942
e)	Date of the transaction	i)   2019-03-25 ii)  2019-03-25 iii) 2019-03-22 iv) 2019-03-26
f)	Place of the transaction	i)   Outside a trading venue ii)  Outside a trading venue 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	Iain Wright
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)   Conditional award over 81,933 Shares under the Quilter SRP (2018 Deferred Bonus award) ii)  Conditional award over 88,995 Shares under the Quilter PSP (2019 Restricted Stock Unit award) iii) Vesting of 16,331 Shares pursuant to the 2017 Deferred Bonus award under the Phantom SRP iv) Sale of 16,331 Shares vested under iii) above
c)	Price(s) and volume(s)	Price(s) Volume(s) i)   Nil ii)  Nil iii) Nil iv) £1.403942 i)   81,933 ii)  88,995 iii) 16,331 iv) 16,331
d)	Aggregated information - Aggregated volume - Price	i)   Consideration price: Nil Market value: £1.4158 ii)  Consideration price: Nil Market value: £1.4158 iii) Consideration price: Nil iv) Sale price: £1.403942
e)	Date of the transaction	i)   2019-03-25 ii)  2019-03-25 iii) 2019-03-22 iv) 2019-03-26
f)	Place of the transaction	i)   Outside a trading venue ii)  Outside a trading venue iii) Outside a trading venue iv) London Stock Exchange, Main Market (XLON)

Enquiries:

Patrick Gonsalves

Company Secretary

+ 44 (0)20 7778 9670

 

END

 

 

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