Director/PDMR Shareholding

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 contract	Exercise period
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 £1.17 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 instrument Identification code	Ordinary shares with a nominal value of 8 1/6 pence each ("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 - Aggregated volume - Price	Consideration price: Nil
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 instrument Identification code	Ordinary shares with a nominal value of 8 1/6 pence 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 2)   Nil 1)   15,384 2)   26,086
d)	Aggregated information - Aggregated volume - Price	1)   Consideration price: Nil 2)   Consideration price: Nil
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 instrument Identification code	Ordinary shares with a nominal value of 8 1/6 pence 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 2)   Nil 1)   15,384 2)   43,478
d)	Aggregated information - Aggregated volume - Price	1)   Consideration price: Nil 2)   Consideration price: Nil
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 instrument Identification code	Ordinary shares with a nominal value of 8 1/6 pence 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 2)   Nil 1)   15,384 2)   26,086
d)	Aggregated information - Aggregated volume - Price	1)   Consideration price: Nil 2)   Consideration price: Nil
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 instrument Identification code	Ordinary shares with a nominal value of 8 1/6 pence 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 2)   Nil 1)   15,384 2)   26,086
d)	Aggregated information - Aggregated volume - Price	1)   Consideration price: Nil 2)   Consideration price: Nil
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 instrument Identification code	Ordinary shares with a nominal value of 8 1/6 pence 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 2)   Nil 1)   25,641 2)   43,478
d)	Aggregated information - Aggregated volume - Price	1)   Consideration price: Nil 2)   Consideration price: Nil
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

 

END