Wrap Text
Transaction by PDMR
QUILTER PLC
(previously, Old Mutual Wealth Management Limited)
Incorporated under the Companies Act 1985 with registered number
06404270 and re-registered as a public limited company under the
Companies Act 2006)
ISIN CODE: GB00BDCXV269
JSE SHARE CODE: QLT
Quilter plc (the "Company")
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, Ordinary shares with a nominal value of £0.07 each (“Shares”)
type of instrument Identification code
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 i) 64,980
ii) Nil ii) 176,578
iii) Nil iii) 11,029
iv) 1.403942 iv) 5,256
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £1.4158
— Price
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, Ordinary shares with a nominal value of £0.07 each (“Shares”)
type of instrument Identification code
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 i) 122,898
ii) Nil ii) 161,569
iii) Nil iii) 27,691
iv) £1.403942 iv) 27,691
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £1.4158
— Price
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, Ordinary shares with a nominal value of £0.07 each (“Shares”)
type of instrument Identification code
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 i) 300,183
ii) Nil ii) 363,751
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £1.4158
— Price
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, Ordinary shares with a nominal value of £0.07 each (“Shares”)
type of instrument Identification code
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 i) 441,447
ii) Nil ii) 953,524
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £1.4158
— Price
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, Ordinary shares with a nominal value of £0.07 each (“Shares”)
type of instrument Identification code
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 i) 33,903
ii) Nil ii) 105,947
iii) Nil iii) 1,942
iv) £1.403942 iv) 943
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £1.4158
— Price
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, Ordinary shares with a nominal value of £0.07 each (“Shares”)
type of instrument Identification code
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 i) 197,769
ii) Nil ii) 282,525
iii) Nil iii) 17,505
iv) £1.403942 iv) 8,337
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £1.4158
— Price
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, Ordinary shares with a nominal value of £0.07 each (“Shares”)
type of instrument Identification code
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 i) 53,679
ii) Nil ii) 155,389
iii) Nil iii) 11,313
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £1.4158
— Price
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, Ordinary shares with a nominal value of £0.07 each (“Shares”)
type of instrument Identification code
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 i) 175,167
ii) Nil ii) 247,210
iii) Nil iii) 44,731
iv) £1.403942 iv) 44,731
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £1.4158
— Price
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, Ordinary shares with a nominal value of £0.07 each (“Shares”)
type of instrument Identification code
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 i) 111,597
ii) Nil ii) 194,236
iii) Nil iii) 17,846
iv) £1.403942 iv) 17,846
v) £1.4066 v) 20,987
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £1.4158
— Price
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, Ordinary shares with a nominal value of £0.07 each (“Shares”)
type of instrument Identification code
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 i) 223,194
ii) Nil ii) 635,683
iii) Nil iii) 51,833
iv) £1.403942 iv) 38,258
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £1.4158
— Price
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, Ordinary shares with a nominal value of £0.07 each (“Shares”)
type of instrument Identification code
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 i) 174,813
ii) Nil ii) 218,957
iii) Nil iii) 10,294
iv) Nil iv) 42,970
v) £1.403942 v) 42,970
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £1.4158
— Price
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, Ordinary shares with a nominal value of £0.07 each (“Shares”)
type of instrument Identification code
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 i) 144,087
ii) Nil ii) 218,957
iii) Nil iii) 28,448
iv) £1.403942 iv) 13,548
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £1.4158
— Price
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, Ordinary shares with a nominal value of £0.07 each (“Shares”)
type of instrument Identification code
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 i) 81,933
ii) Nil ii) 88,995
iii) Nil iii) 16,331
iv) £1.403942 iv) 16,331
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £1.4158
— Price
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
JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
Date: 28/03/2019 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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