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QUILTER PLC - Share buyback programme

Release Date: 30/03/2020 08:00
Code(s): QLT     PDF:  
Wrap Text
Share buyback programme

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")


FOR IMMEDIATE RELEASE

30 March 2020

                                           Quilter plc

                                  Share buyback programme

On 11 March 2020, Quilter plc (the Company) announced that it was commencing a share buyback
programme (the Programme) to purchase shares with a value of up to £375 million subject to
remaining within certain pre-set parameters in order to reduce the share capital of the Company.
The period for the initial tranche of the Programme was originally announced as commencing on
11 March 2020 and ending no later than 6 May 2020. The Company has subsequently decided to
extend the period for the Programme until no later than 29 May 2020. This is to provide additional
flexibility in administering the programme during volatile markets.

At close of business on 27 March 2020, the Company had purchased 25,361,732 shares for an
aggregate consideration of £27,887,873, representing 14,849,885 shares conducted through the
UK Buyback and 10,511,847 shares conducted through the SA Buyback.

Enquiries:

 John-Paul Crutchley – Head of Investor Relations        Tel: +44 (0)77 4138 5251

 Jane Goodland – Corporate Affairs Director              Tel: +44 (0)77 9001 2066

 Patrick Gonsalves – Company Secretary                   Tel: + 44 (0)73 9186 7081




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 £110.4 billion in customer investments (as at 31 December 2019).

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.

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 Wealth Solutions
International                                       Quilter International




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

Date: 30-03-2020 08:00:00
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