Director/PDMR Shareholding

RNS Number : 6285U

Quilter PLC

29 March 2023

 

29 March 2023

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 on 27 March 2023 in the Company's ordinary shares of 8 1/6 pence each ("Shares") which include the vesting, exercise and sale of Shares and Share Options that had been granted pursuant to:

a)  the 2019 and 2021 Deferred Bonus awards made under the Quilter Share Reward Plan ("Quilter SRP");

b)  the 2020 Restricted Stock Unit awards made under the Quilter Performance Share Plan ("Quilter PSP");

c)  the 2020 Long Term Incentive awards made under the Quilter PSP; and

d)  Recruitment Awards made under the Quilter SRP.

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	(1)  Vesting of 25,891 Shares under the Quilter SRP (Recruitment award) (2)  Sale of 12,212 Shares vested under (1) above to settle tax liability and dealing costs (3)  Vesting of 52,418 Shares pursuant to the 2021 Deferred Bonus award under the Quilter SRP (4)  Sale of 24,724 Shares vested under (3) above to settle tax liability and dealing costs
c)	Price(s) and volume(s)	Price(s) Volume(s) (1)  Nil (2)  £0.8237 (3)  Nil (4)  £0.8237 (1)  25,891 (2)  12,212 (3)  52,418 (4)  24,724
d)	Aggregated information - Aggregated volume - Price	(1)  Consideration price: Nil (2)  Sale price: £0.8237 (3)  Consideration price: Nil (4)  Sale price: £0.8237
e)	Date of the transaction	(1)  2023-03-27 (2)  2023-03-27; 14:29 UTC (3)  2023-03-27 (4)  2023-03-27; 14:29 UTC
f)	Place of the transaction	(1)  Outside a trading venue (2)  London Stock Exchange, Main Market (XLON) (3)  Outside a trading venue (4)  London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Penny Cole
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 8 1/6 pence each ("Shares") GB00BNHSJN34
b)	Nature of the transaction	(1)  Vesting of 11,960 Shares pursuant to the 2019 Deferred Bonus award under the Quilter SRP (2)  Sale of 5,641 Shares vested under (1) above to settle tax liability and dealing costs (3)  Vesting of 28,368 Shares pursuant to the 2020 Restricted Stock Unit award under the Quilter PSP (note these shares remain subject to clawback for two years following vesting) (4)  Sale of 13,381 Shares vested under (3) above to settle tax liability and dealing costs (5)  Vesting of 11,113 Shares pursuant to the 2021 Deferred Bonus award under the Quilter SRP (6)  Sale of 5,242 Shares vested under (5) above to settle tax liability and dealing costs
c)	Price(s) and volume(s)	Price(s) Volume(s) (1)  Nil (2)  £0.8237 (3)  Nil (4)  £0.8237 (5)  Nil (6)  £0.8237 (1)  11,960 (2)  5,641 (3)  28,368 (4)  13,381 (5)  11,113 (6)  5,242
d)	Aggregated information - Aggregated volume - Price	(1)  Consideration price: Nil (2)  Sale price: £0.8237 (3)  Consideration price: Nil (4)  Sale price: £0.8237 (5)  Consideration price: Nil (6)  Sale price: £0.8237
e)	Date of the transaction	(1)  2023-03-27 (2)  2023-03-27; 14:29 UTC (3)  2023-03-27 (4)  2023-03-27; 14:29 UTC (5)  2023-03-27 (6)  2023-03-27; 14:29 UTC
f)	Place of the transaction	(1)  Outside a trading venue (2)  London Stock Exchange, Main Market (XLON) (3)  Outside a trading venue (4)  London Stock Exchange, Main Market (XLON) (5)  Outside a trading venue (6)  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 8 1/6 pence each ("Shares") GB00BNHSJN34
b)	Nature of the transaction	(1)  Vesting of 68,451 Shares under the Quilter SRP (Recruitment award) (2)  Sale of 32,867 Shares vested under (1) above to settle tax liability and dealing costs (3)  Vesting of 96,214 Shares pursuant to the 2019 Deferred Bonus award under the Quilter SRP (4)  Sale of 46,196 Shares vested under (3) above to settle tax liability and dealing costs (5)  Vesting and exercise of 151,485 Nil-cost Options pursuant to the 2020 Long Term Incentive award under the Quilter PSP (6)  Sale of 72,734 Shares vested under (5) above to settle tax liability and dealing costs; the remaining 78,751 shares are subject to a minimum two year holding period and subject to clawback during that period (7)  Vesting of 74,368 Shares pursuant to the 2021 Deferred Bonus award under the Quilter SRP (8)  Sale of 35,707 Shares vested under (7) above to settle tax liability and dealing costs
c)	Price(s) and volume(s)	Price(s) Volume(s) (1)  Nil (2)  £0.8237 (3)  Nil (4)  £0.8237 (5)  Nil (6)  £0.8237 (7)  Nil (8)  £0.8237 (1)  68,451 (2)  32,867 (3)  96,214 (4)  46,196 (5)  151,485 (6)  72,734 (7)  74,368 (8)  35,707
d)	Aggregated information - Aggregated volume - Price	(1)  Consideration price: Nil (2)  Sale price: £0.8237 (3)  Consideration price: Nil (4)  Sale price: £0.8237 (5)  Consideration price: Nil (6)  Sale price: £0.8237 (7)  Consideration price: Nil (8)  Sale price: £0.8237
e)	Date of the transaction	(1)  2023-03-27 (2)  2023-03-27; 14:29 UTC (3)  2023-03-27 (4)  2023-03-27; 14:29 UTC (5)  2023-03-27 (6)  2023-03-27; 14:29 UTC (7)  2023-03-27 (8)  2023-03-27; 14:29 UTC
f)	Place of the transaction	(1)  Outside a trading venue (2)  London Stock Exchange, Main Market (XLON) (3)  Outside a trading venue (4)  London Stock Exchange, Main Market (XLON) (5)  Outside a trading venue (6)  London Stock Exchange, Main Market (XLON) (7)  Outside a trading venue (8)  London Stock Exchange, Main Market (XLON)

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)  Vesting of 29,049 Shares pursuant to the 2019 Deferred Bonus award under the Quilter SRP (2)  Sale of 21,498 Shares vested under (1) above (3)  Vesting of 156,607 Shares pursuant to the 2020 Restricted Stock Unit award under the Quilter PSP (note these shares remain subject to clawback for two years following vesting) (4)  Sale of 115,900 Shares vested under (3) above (5)  Vesting of 40,114 Shares pursuant to the 2021 Deferred Bonus award under the Quilter SRP (6)  Sale of 29,687 Shares vested under (5) above
c)	Price(s) and volume(s)	Price(s) Volume(s) (1)  Nil (2)  £0.8237 (3)  Nil (4)  £0.8237 (5)  Nil (6)  £0.8237 (1)  29,049 (2)  21,498 (3)  156,607 (4)  115,900 (5)  40,114 (6)  29,687
d)	Aggregated information - Aggregated volume - Price	(1)  Consideration price: Nil (2)  Sale price: £0.8237 (3)  Consideration price: Nil (4)  Sale price: £0.8237 (5)  Consideration price: Nil (6)  Sale price: £0.8237
e)	Date of the transaction	(1)  2023-03-27 (2)  2023-03-27; 14:29 UTC (3)  2023-03-27 (4)  2023-03-27; 14:29 UTC (5)  2023-03-27 (6)  2023-03-27; 14:29 UTC
f)	Place of the transaction	(1)  Outside a trading venue (2)  London Stock Exchange, Main Market (XLON) (3)  Outside a trading venue (4)  London Stock Exchange, Main Market (XLON) (5)  Outside a trading venue (6)  London Stock Exchange, Main Market (XLON)

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)  Vesting of 67,168 Shares pursuant to the 2019 Deferred Bonus award under the Quilter SRP (2)  Sale of 31,680 Shares vested under (1) above to settle tax liability and dealing costs (3)  Vesting and exercise of 102,949 Nil-cost Options pursuant to the 2020 Long Term Incentive award under the Quilter PSP (4)  Sale of 48,557 Shares vested under (3) above to settle tax liability and dealing costs; the remaining 54,392 shares are subject to a minimum two year holding period and subject to clawback during that period (5)  Vesting of 52,439 Shares pursuant to the 2021 Deferred Bonus award under the Quilter SRP (6)  Sale of 24,733 Shares vested under (5) above to settle tax liability and dealing costs
c)	Price(s) and volume(s)	Price(s) Volume(s) (1)  Nil (2)  £0.8237 (3)  Nil (4)  £0.8237 (5)  Nil (6)  £0.8237 (1)  67,168 (2)  31,680 (3)  102,949 (4)  48,557 (5)  52,439 (6)  24,733
d)	Aggregated information - Aggregated volume - Price	(1)  Consideration price: Nil (2)  Sale price: £0.8237 (3)  Consideration price: Nil (4)  Sale price: £0.8237 (5)  Consideration price: Nil (6)  Sale price: £0.8237
e)	Date of the transaction	(1)  2023-03-27 (2)  2023-03-27; 14:29 UTC (3)  2023-03-27 (4)  2023-03-27; 14:29 UTC (5)  2023-03-27 (6)  2023-03-27; 14:29 UTC
f)	Place of the transaction	(1)  Outside a trading venue (2)  London Stock Exchange, Main Market (XLON) (3)  Outside a trading venue (4)  London Stock Exchange, Main Market (XLON) (5)  Outside a trading venue (6)  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	Chief Executive Officer, 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 8 1/6 pence each ("Shares") GB00BNHSJN34
b)	Nature of the transaction	(1)  Vesting of 47,806 Shares pursuant to the 2019 Deferred Bonus award under the Quilter SRP (2)  Sale of 47,806 Shares vested under (1) above (3)  Vesting and exercise of 80,889 Nil-cost Options pursuant to the 2020 Long Term Incentive award under the Quilter PSP (4)  Sale of 38,842 Shares vested under (3) above to settle tax liability and dealing costs; the remaining 42,047 shares are subject to a minimum two-year holding period and subject to clawback during that period (5)  Vesting of 42,841 Shares pursuant to the 2021 Deferred Bonus award under the Quilter SRP (6)  Sale of 42,841 Shares vested under (5) above (7)  Acquisition of 85,924 Shares into an ISA
c)	Price(s) and volume(s)	Price(s) Volume(s) (1)  Nil (2)  £0.8237 (3)  Nil (4)  £0.8237 (5)  Nil (6)  £0.8237 (7)  £0.824 (1)  47,806 (2)  47,806 (3)  80,889 (4)  38,842 (5)  42,841 (6)  42,841 (7)  85,924
d)	Aggregated information - Aggregated volume - Price	(1)  Consideration price: Nil (2)  Sale price: £0.8237 (3)  Consideration price: Nil (4)  Sale price: £0.8237 (5)  Consideration price: Nil (6)  Sale price: £0.8237 (7)  Consideration price: £0.824
e)	Date of the transaction	(1)  2023-03-27 (2)  2023-03-27; 14:29 UTC (3)  2023-03-27 (4)  2023-03-27; 14:29 UTC (5)  2023-03-27 (6)  2023-03-27; 14:29 UTC (7)  2023-03-27; 12:15 UTC
f)	Place of the transaction	(1)  Outside a trading venue (2)  London Stock Exchange, Main Market (XLON) (3)  Outside a trading venue (4)  London Stock Exchange, Main Market (XLON) (5)  Outside a trading venue (6)  London Stock Exchange, Main Market (XLON) (7)  London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nicholas Sacre-Hardy
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 8 1/6 pence each ("Shares") GB00BNHSJN34
b)	Nature of the transaction	(1)  Vesting of 10,894 Shares pursuant to the 2019 Deferred Bonus award under the Quilter SRP (2)  Sale of 5,139 Shares vested under (1) above to settle tax liability and dealing costs (3)  Vesting of 63,548 Shares pursuant to the 2020 Restricted Stock Unit award under the Quilter PSP (note these shares remain subject to clawback for two years following vesting) (4)  Sale of 29,973 Shares vested under (3) above to settle tax liability and dealing costs (5)  Vesting of 10,103 Shares pursuant to the 2021 Deferred Bonus award under the Quilter SRP (6)  Sale of 4,765 Shares vested under (5) above to settle tax liability and dealing costs
c)	Price(s) and volume(s)	Price(s) Volume(s) (1)  Nil (2)  £0.8237 (3)  Nil (4)  £0.8237 (5)  Nil (6)  £0.8237 (1)  10,894 (2)  5,139 (3)  63,548 (4)  29,973 (5)  10,103 (6)  4,765
d)	Aggregated information - Aggregated volume - Price	(1)  Consideration price: Nil (2)  Sale price: £0.8237 (3)  Consideration price: Nil (4)  Sale price: £0.8237 (5)  Consideration price: Nil (6)  Sale price: £0.8237
e)	Date of the transaction	(1)  2023-03-27 (2)  2023-03-27; 14:29 UTC (3)  2023-03-27 (4)  2023-03-27; 14:29 UTC (5)  2023-03-27 (6)  2023-03-27; 14:29 UTC
f)	Place of the transaction	(1)  Outside a trading venue (2)  London Stock Exchange, Main Market (XLON) (3)  Outside a trading venue (4)  London Stock Exchange, Main Market (XLON) (5)  Outside a trading venue (6)  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 8 1/6 pence each ("Shares") GB00BNHSJN34
b)	Nature of the transaction	(1)  Vesting of 113,462 Shares pursuant to the 2019 Deferred Bonus award under the Quilter SRP (2)  Sale of 54,478 Shares vested under (1) above to settle tax liability and dealing costs (3)  Vesting and exercise of 264,735 Nil-cost Options pursuant to the 2020 Long Term Incentive award under the Quilter PSP (4)  Sale of 127,110 Shares vested under (3) above to settle tax liability and dealing costs; the remaining 137,625 shares are subject to a minimum two year holding period and subject to clawback during that period (5)  Vesting of 78,055 Shares pursuant to the 2021 Deferred Bonus award under the Quilter SRP (6)  Sale of 37,477 Shares vested under (5) above to settle tax liability and dealing costs
c)	Price(s) and volume(s)	Price(s) Volume(s) (1)  Nil (2)  £0.8237 (3)  Nil (4)  £0.8237 (5)  Nil (6)  £0.8237 (1)  113,462 (2)  54,478 (3)  264,735 (4)  127,110 (5)  78,055 (6)  37,477
d)	Aggregated information - Aggregated volume - Price	(1)  Consideration price: Nil (2)  Sale price: £0.8237 (3)  Consideration price: Nil (4)  Sale price: £0.8237 (5)  Consideration price: Nil (6)  Sale price: £0.8237
e)	Date of the transaction	(1)  2023-03-27 (2)  2023-03-27; 14:29 UTC (3)  2023-03-27 (4)  2023-03-27; 14:29 UTC (5)  2023-03-27 (6)  2023-03-27; 14:29 UTC
f)	Place of the transaction	(1)  Outside a trading venue (2)  London Stock Exchange, Main Market (XLON) (3)  Outside a trading venue (4)  London Stock Exchange, Main Market (XLON) (5)  Outside a trading venue (6)  London Stock Exchange, Main Market (XLON)

Enquiries:

Clare Barrett

Company Secretary

+ 44 (0)77 4138 4512

 

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