Enhanced Investments - Financial Portal

Notification of transactions by Directors and Persons Discharging Managerial Responsibilities

Published: 2023-04-04 16:00:42 ET

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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.