Special Interim Dividend

RNS Number : 1240X

Quilter PLC

08 August 2018

 

8 August 2018

Quilter plc

(the "Company")

Special Interim Dividend

As announced in the Company's interim results for the six months ended 30 June 2018 published earlier today, the Board of Quilter plc have declared a special interim dividend of 12.0 pence per share returning the surplus proceeds from the sale of the Single Strategy business. The special interim dividend will be paid on 21 September 2018 to shareholders on the UK and South African share registers on 24 August 2018. 

 

Dividend Timetable

Dividend Declaration in pounds sterling with South Africa ZAR Equivalent	Wednesday 8 August 2018
Last day to trade cum dividend in South Africa	Tuesday 21 August 2018
Shares trade ex-dividend in South Africa	Wednesday 22 August 2018
Shares trade ex-dividend in the UK	Thursday 23 August 2018
Record Date in UK and South Africa	Friday 24 August 2018
Payment date	Friday 21 September 2018.

 

From the opening of trading on Wednesday 8 August 2018 until the close of business on Friday 24 August 2018, no transfers between the London and Johannesburg registers will be permitted.   Share certificates for shareholders on the South African register may not be dematerialised or rematerialised between 22 and 24 August 2018, both dates inclusive.

 

Additional information

For Shareholders on our South African share register a dividend of 206.42952 South African cents per share will be paid on 21 September 2018 to shareholders, based on an exchange rate of 17.20246. Dividend Tax will be withheld at the rate of 20% from the amount of the gross dividend of 206.42952 South African cents per share paid to South African shareholders unless a shareholder qualifies for exemption. After the Dividend Tax has been withheld, the net dividend will be 165.14362 South African cents per share. The Company had a total of 1,902,251,098 shares in issue as at today's date.

 

If you are uncertain as to the tax treatment of any dividends you should consult your own tax advisor.

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Enquiries:

Investor Relations
John-Paul Crutchley	[phone]
Media:
Vee Montebello	[phone]
Camarco
Geoffrey Pelham-Lane	[phone]
Aprio (South Africa)
Julian Gwillim	[phone]

About Quilter plc

Quilter plc is a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.

Quilter plc oversees £116.5 billion in customer investments (as at 30 June 2018).

It has an adviser and customer offering spanning: financial advice; investment platforms; multi-asset investment solutions and discretionary fund management.

The business is comprised of two segments: Wealth Platforms and Advice and Wealth Management.

Wealth Platforms includes the Old Mutual Wealth UK Platform; Old Mutual International, including AAM Advisory in Singapore; and the Old Mutual Wealth Heritage life assurance business.

Advice and Wealth Management encompasses the financial planning network, Intrinsic; Old Mutual Wealth Private Client Advisers; discretionary fund management business, Quilter Cheviot; and the Multi-asset investment solutions business.

The Quilter plc businesses are being re-branded to Quilter over a period of approximately two years:

·      The Multi-asset business is now Quilter Investors

·      Intrinsic to Quilter Financial Planning

·      Private Client Advisers to Quilter Private Client Advisers

·      The UK Platform to Quilter Wealth Solutions

·      The International business to Quilter International

·      The Heritage life assurance business to Quilter Life Assurance

·      Quilter Cheviot will retain its name

 

 

END

 

 

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