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QUILTER PLC - Response to press speculation

Release Date: 11/12/2020 07:05
Code(s): QLT     PDF:  
Wrap Text
Response to press speculation

QUILTER PLC
(previously, Old Mutual Wealth Management Limited)
Incorporated under the Companies Act 1985 (UK) with registered number 06404270 and re-registered
as a public limited company under the Companies Act 2006) (UK)
The Company has a primary listing on the London Stock Exchange and a secondary listing on the
Johannesburg Stock Exchange.
ISIN CODE: GB00BDCXV269
JSE SHARE CODE: QLT
Quilter plc (the "Company")



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM
ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS
OR REGULATIONS OF THAT JURISDICTION

FOR IMMEDIATE RELEASE

11 December 2020

                        Quilter plc (“Quilter” or the “Group” or “the company”)

                                     Response to press speculation

Quilter notes recent press speculation in respect of Quilter International. Quilter International is part of
Quilter plc, a leading wealth management business in the UK and internationally, with the Group
overseeing £109.5 billion of investments on behalf of approximately 900,000 clients (as of 30 September
2020).

In the context of Quilter’s long-term strategy and ambition, the Board has initiated a strategic review
of Quilter International to evaluate its role in delivering Quilter’s future growth ambitions. The review
is at an early stage and as such the outcome is not yet known. Options range from a decision to retain
Quilter International through to a disposal of the business. The Board of Quilter has not yet decided on
any particular option and as such there can be no certainty that any potential transaction will be
concluded.

Quilter will update the market as and when appropriate.

                                                   - end –


Enquiries

Investor Relations:

John-Paul Crutchley          +44 (0)7741 385 251

Keilah Codd                  +44 (0)7776 649 681

Media:

Jane Goodland                +44 (0)7790 012 066

Tim Skelton-Smith            +44 (0)7824 145 076

Camarco:

Geoffrey Pelham-Lane         +44 (0)20 3757 4985

Company Secretary:

Patrick Gonsalves            +44 (0)7391 867 081




                                             CONFIDENTIAL
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 £109.5 billion in customer investments (as at 30 September 2020).

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: Advice and Wealth Management and Wealth
Platforms.

Advice and Wealth Management encompasses the financial planning businesses, Quilter Financial
Planning, Quilter Private Client Advisers and Quilter Financial Advisers; the discretionary fund
management business, Quilter Cheviot; and Quilter Investors, the Multi-asset investment solutions
business. Wealth Platforms includes the Old Mutual Wealth UK Platform and Quilter International,
including AAM Advisory in Singapore.

Since its IPO in June 2018, the Group’s businesses have progressively re-branded to Quilter. The UK
Platform will be the final business to rebrand; this will follow the safe delivery of the new platform
technology. Descriptor for re-branded business units:

Previous                                           New
Intrinsic                                          Quilter Financial Planning
Old Mutual Wealth Private Client Advisers          Quilter Private Client Advisers
Quilter Investors                                  Quilter Investors
Quilter Cheviot                                    Quilter Cheviot
UK Platform                                        Quilter Investment Platform
International                                      Quilter International


JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd




                                            

Date: 11-12-2020 07:05:00
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