Wrap Text
Notification of transactions by Directors and Persons Discharging Managerial Responsibilities
QUILTER PLC
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")
04 April 2023
Quilter plc
(the “Company”)
Notification of transactions by Directors and Persons Discharging Managerial Responsibilities
("PDMRs")
The Company announces the following awards granted to Directors and PDMRs on 3 April 2023 over
ordinary shares of 8 1/6 pence each in the Company (“Shares”) under the Quilter Performance Share
Plan (“Quilter PSP”) and the Quilter Share Reward Plan (“Quilter SRP”).
Taking into account the recent share price volatility and the absolute and relative fall in the Company's
share price since the prior year grant of share awards, the Board Remuneration Committee has scaled
back the level of long-term incentive and restricted stock unit awards for PDMRs. The Board
Remuneration Committee also retains discretion to further adjust award outcomes at vesting to take
into account windfall gains if necessary.
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 Ordinary shares with a nominal value of 8 1/6 pence each
instrument, type of instrument (“Shares”)
Identification code
GB00BNHSJN34
b) Nature of the transaction i) Award of nil-cost options over 315,789 Shares under
the Quilter PSP (2023 Long Term Incentive Plan
award)
ii) Conditional award over 142,416 Shares under the
Quilter SRP (2022 Deferred Bonus award)
c) Price(s) and volume(s) Price(s) Volume(s)
i) Nil i) 315,789
ii) Nil ii) 142,416
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £0.8426
— Price ii) Consideration price: Nil
Market value: £0.8426
e) Date of the transaction i) 2023-04-03
ii) 2023-04-03
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 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 Ordinary shares with a nominal value of 8 1/6 pence each
instrument, type of instrument (“Shares”)
Identification code
GB00BNHSJN34
b) Nature of the transaction i) Award of nil-cost options over 185,263 Shares under
the Quilter PSP (2023 Long Term Incentive Plan
award)
ii) Conditional award over 48,659 Shares under the
Quilter SRP (2022 Deferred Bonus award)
c) Price(s) and volume(s) Price(s) Volume(s)
i) Nil i) 185,263
ii) Nil ii) 48,659
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £0.8426
— Price ii) Consideration price: Nil
Market value: £0.8426
e) Date of the transaction i) 2023-04-03
ii) 2023-04-03
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 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 Ordinary shares with a nominal value of 8 1/6 pence each
instrument, type of instrument (“Shares”)
Identification code
GB00BNHSJN34
b) Nature of the transaction i) Award of nil-cost options over 542,105 Shares under
the Quilter PSP (2023 Long Term Incentive Plan
award)
ii) Conditional award over 254,451 Shares under the
Quilter SRP (2022 Deferred Bonus award)
c) Price(s) and volume(s) Price(s) Volume(s)
i) Nil i) 542,105
ii) Nil ii) 254,451
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £0.8426
— Price ii) Consideration price: Nil
Market value: £0.8426
e) Date of the transaction i) 2023-04-03
ii) 2023-04-03
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 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 Ordinary shares with a nominal value of 8 1/6 pence each
instrument, type of instrument (“Shares”)
Identification code
GB00BNHSJN34
b) Nature of the transaction i) Award of nil-cost options over 336,842 Shares under
the Quilter PSP (2023 Long Term Incentive Plan
award)
ii) Conditional award over 144,315 Shares under the
Quilter SRP (2022 Deferred Bonus award)
c) Price(s) and volume(s) Price(s) Volume(s)
i) Nil i) 336,842
ii) Nil ii) 144,315
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £0.8426
— Price ii) Consideration price: Nil
Market value: £0.8426
e) Date of the transaction i) 2023-04-03
ii) 2023-04-03
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 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 Ordinary shares with a nominal value of 8 1/6 pence each
instrument, type of instrument (“Shares”)
Identification code
GB00BNHSJN34
b) Nature of the transaction i) Award of nil-cost options over 1,210,526 Shares
under the Quilter PSP (2023 Long Term Incentive
Plan award)
ii) Conditional award over 223,000 Shares under the
Quilter SRP (2022 Deferred Bonus award)
c) Price(s) and volume(s) Price(s) Volume(s)
i) Nil i) 1,210,526
ii) Nil ii) 223,000
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £0.8426
— Price ii) Consideration price: Nil
Market value: £0.8426
e) Date of the transaction i) 2023-04-03
ii) 2023-04-03
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 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 Ordinary shares with a nominal value of 8 1/6 pence each
instrument, type of instrument (“Shares”)
Identification code
GB00BNHSJN34
b) Nature of the transaction i) Award of nil-cost options over 357,895 Shares under
the Quilter PSP (2023 Long Term Incentive Plan
award)
ii) Conditional award over 145,265 Shares under the
Quilter SRP (2022 Deferred Bonus award)
c) Price(s) and volume(s) Price(s) Volume(s)
i) Nil i) 357,895
ii) Nil ii) 145,265
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £0.8426
— Price ii) Consideration price: Nil
Market value: £0.8426
e) Date of the transaction i) 2023-04-03
ii) 2023-04-03
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 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 Ordinary shares with a nominal value of 8 1/6 pence each
instrument, type of instrument (“Shares”)
Identification code
GB00BNHSJN34
b) Nature of the transaction i) Conditional award over 92,105 Shares under the
Quilter PSP (2023 Restricted Stock Units)
ii) Conditional award over 59,340 Shares under the
Quilter SRP (2022 Deferred Bonus award)
c) Price(s) and volume(s) Price(s) Volume(s)
i) Nil i) 92,105
ii) Nil ii) 59,340
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £0.8426
— Price ii) Consideration price: Nil
Market value: £0.8426
e) Date of the transaction i) 2023-04-03
ii) 2023-04-03
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 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 Ordinary shares with a nominal value of 8 1/6 pence each
instrument, type of instrument (“Shares”)
Identification code
GB00BNHSJN34
b) Nature of the transaction i) Award of nil-cost options over 994,737 Shares under
the Quilter PSP (2023 Long Term Incentive Plan
award)
i) Conditional award over 247,745 Shares under the
Quilter SRP (2022 Deferred Bonus award)
c) Price(s) and volume(s) Price(s) Volume(s)
i) Nil ii) 994,737
ii) Nil iii) 247,745
d) Aggregated information i) Consideration price: Nil
— Aggregated volume Market value: £0.8426
— Price ii) Consideration price: Nil
Market value: £0.8426
e) Date of the transaction i) 2023-04-03
ii) 2023-04-03
f) Place of the transaction i) Outside a trading venue
ii) Outside a trading venue
Enquiries:
Clare Barrett
Company Secretary
+ 44 (0)77 4138 4512
JSE Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited
Date: 04-04-2023 03:00:00
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