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United Kingdom

Quilter PLC (QLT.L)

QLT.L on London Stock Exchange

116.04GBp
14 Dec 2018
Change (% chg)

-1.26 (-1.07%)
Prev Close
117.30
Open
116.42
Day's High
117.66
Day's Low
114.46
Volume
2,513,214
Avg. Vol
4,450,443
52-wk High
160.00
52-wk Low
109.30

Latest Key Developments (Source: Significant Developments)

Quilter CFO Tookey to step down, leave company in April
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Quilter PLC ::QUILTER - MARK SATCHEL, CURRENTLY CORPORATE FINANCE DIRECTOR, IS APPOINTED CHIEF FINANCIAL OFFICER WITH EFFECT FROM 13 MARCH 2019.SAYS QUILTER PLC ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION TO TAKE PLACE IN MARCH 2019.TIM TOOKEY, CURRENTLY CHIEF FINANCIAL OFFICER WILL BE STEPPING DOWN FROM BOARD.SAYS QUILTER PLC ('QUILTER') ANNOUNCES THAT MARK SATCHEL, CURRENTLY QUILTER'S CORPORATE FINANCE DIRECTOR, IS APPOINTED CHIEF FINANCIAL OFFICER WITH EFFECT FROM 13 MARCH 2019, SUBJECT TO REGULATORY APPROVAL.SAYS TIM TOOKEY, CURRENTLY CHIEF FINANCIAL OFFICER WILL BE STEPPING DOWN FROM BOARD ON 13 MARCH 2019.SAYS TIM AND BOARD HAVE AGREED THAT TIM WILL LEAVE BUSINESS AT END OF APRIL 2019.  Full Article

Quilter Q3 Net Client Cash Flow Of 1.1 Bln Stg, Marginally Ahead Of Q2
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Quilter PLC ::QUILTER PLC - Q3 NET CLIENT CASH FLOW (NCCF) OF £1.1 BILLION, EXCLUDING QUILTER LIFE ASSURANCE, WAS MARGINALLY AHEAD OF Q2.QUILTER PLC - YEAR TO DATE NCCF OF £4.1 BILLION, REPRESENTS 5% OF OPENING ASSETS UNDER MANAGEMENT AND ADMINISTRATION (AUMA) ON AN ANNUALISED BASIS.QUILTER PLC - REMAIN CONFIDENT IN LONG TERM PROSPECTS FOR BUSINESS MODEL.  Full Article

Quilter posts Q3 net client cash flow of 1.1 bln stg, down yoy
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Quilter PLC ::Q3 NET CLIENT CASH FLOW (NCCF) OF £1.1 BILLION, EXCLUDING QUILTER LIFE ASSURANCE, WAS MARGINALLY AHEAD OF Q2 BUT BELOW HIGH LEVEL ACHIEVED IN Q3 2017, WHEN MARKET ACTIVITY WAS SIGNIFICANTLY MORE BUOYANT..YEAR TO DATE NCCF OF £4.1 BILLION, REPRESENTS 5% OF OPENING ASSETS UNDER MANAGEMENT AND ADMINISTRATION (AUMA) ON AN ANNUALISED BASIS..STEADY GROWTH IN AUMA TO £118.1 BILLION DESPITE MIXED GLOBAL MARKET PERFORMANCE (UP 3% YEAR TO DATE AND UP 1.4% FROM 30 JUNE 2018 DESPITE A DECLINE OF 1.7% IN FTSE 100 INDEX DURING Q3).£0.9 BILLION OF INTEGRATED FLOWS DELIVERED DURING QUARTER (OF WHICH £0.8 BILLION WAS FROM QUILTER FINANCIAL PLANNING AND PRIVATE CLIENT ADVISERS). TOTAL INTEGRATED FLOWS OF £3.0 BILLION YEAR TO DATE (+7%) FURTHER DEMONSTRATING STRENGTH OF OUR ADVICE BASED BUSINESS MODEL..  Full Article

Coronation Asset Management Raises Stake To 11.06 Pct From 10.06 Pct In Quilter
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - Quilter PLC ::CORONATION ASSET MANAGEMENT (PTY) LTD RAISES STAKE TO 11.06 PERCENT FROM 10.06 PERCENT IN QUILTER PLC - FILING.  Full Article

Quilter Completes Disposal Of Single Strategy Asset Management Business
Friday, 29 Jun 2018 

June 29 (Reuters) - Quilter PLC ::COMPLETION OF DISPOSAL OF SINGLE STRATEGY ASSET MANAGEMENT BUSINESS.TOTAL CONSIDERATION, FOLLOWING AGREEMENT WITH ACQUIRER IN RELATION TO QUANTUM OF ALL PRE-COMPLETION PRICE ADJUSTMENTS, IS CONFIRMED AS £583 MILLION.WILL CONSIDER A SPECIAL DISTRIBUTION BY COMPANY TO SHAREHOLDERS FROM SURPLUS SALE PROCEEDS FROM OMGI TRANSACTION.TOTAL CONSIDERATION COMPRISING UPFRONT CASH CONSIDERATION OF £576 MILLION AND AN ADDITIONAL £7 MILLION OF DEFERRED CONSIDERATION.DEAL COMPRISES UPFRONT CASH CONSIDERATION OF £576 MILLION AND AN ADDITIONAL £7 MILLION OF DEFERRED CONSIDERATION.IS MAKING GOOD PROGRESS ON SEPARATING ITS RETAINED MULTI-ASSET BUSINESS FROM SINGLE STRATEGY BUSINESS.CONTINUES TO EXPECT TO INCUR AGGREGATE COSTS OF APPROXIMATELY £20 MILLION IN RESPECT OF ESTABLISHMENT OF STANDALONE MULTI-ASSET BUSINESS.  Full Article

Quilter listing values firm at 2.76 bln stg
Monday, 25 Jun 2018 

June 25 (Reuters) - Quilter Plc ::ANNOUNCES SUCCESSFUL PRICING OF ITS INITIAL PUBLIC OFFERING AT 145 PENCE PER ORDINARY SHARE.BASED ON OFFER PRICE, MARKET CAPITALISATION OF COMPANY AT ADMISSION WILL BE APPROXIMATELY £2,758 MILLION.BASED ON OFFER PRICE, MARKET CAPITALISATION OF COMPANY AT ADMISSION WILL BE APPROXIMATELY £2,758 MILLION.  Full Article

Old Mutual's Quilter lists in London at 145 pence per share
Monday, 25 Jun 2018 

June 25 (Reuters) - Old Mutual Plc ::FIRST SCHEME EFFECTIVE, PRICING OF GLOBAL OFFER.DEMERGER REDUCTION OF CAPITAL AND QUILTER DEMERGER HAVE NOW TAKEN EFFECT.DEMERGER REDUCTION OF CAPITAL, QUILTER DEMERGER TAKEN EFFECT; EXPECTED THAT SECOND SCHEME COURT HEARING WILL TAKE PLACE LATER TODAY.IT IS EXPECTED THAT SECOND SCHEME COURT HEARING WILL TAKE PLACE LATER TODAY.OLD MUTUAL TODAY ANNOUNCES FINAL OFFER PRICE OF 145 PENCE PER ORDINARY SHARE.OLD MUTUAL TODAY ANNOUNCES FINAL OFFER PRICE OF 145 PENCE PER ORDINARY SHARE FOR QUILTER.EXPECTED OFFERING COMPRISES OF 165,010,507 ORDINARY SHARES TO INSTITUTIONAL PLACEES, 1,002,064 ORDINARY SHARES TO CERTAIN NON-EXECUTIVE DIRECTORS OF QUILTER AND CERTAIN NON-EXECUTIVE DIRECTORS OF OLD MUTUAL, AND AN OVER-ALLOTMENT OPTION IN RESPECT OF 16,501,050 ORDINARY SHARES.NET PROCEEDS EXPECTED TO BE RECEIVED BY OLD MUTUAL PLC IS APPROXIMATELY £231.1 MILLION.ADMISSION OF, AND COMMENCEMENT OF UNCONDITIONAL DEALINGS IN, QUILTER PLC TO LONDON STOCK EXCHANGE AND JOHANNESBURG STOCK EXCHANGE WILL TAKE PLACE AT 8.00AM (LONDON TIME) TODAY.  Full Article

Quilter's Bookrunner Says Books Covered Throughout Guidance On Full Deal Size On IPO
Thursday, 21 Jun 2018 

June 21 (Reuters) - Quilter PLC's Bookrunner::QUILTER PLC: BOOKRUNNER SAYS ORDERS BELOW 145P PER SHARE RISK MISSING DEAL.QUILTER PLC: BOOKRUNNER SAYS BOOKS ARE COVERED THROUGHOUT GUIDANCE ON FULL DEAL SIZE.  Full Article

Bookrunner Says Orders Below £1.45 Risk Missing In Quilter PLC IPO
Thursday, 21 Jun 2018 

June 21 (Reuters) - Quilter PLC's Bookrunner::QUILTER PLC: BOOKRUNNER SAYS ORDERS BELOW £1.45 RISK MISSING.QUILTER PLC: BOOKRUNNER SAYS BOOKS CLOSE AT NOON UK ON FRIDAY; ALLOCATIONS WILL BE RELEASED ON MONDAY AT 7AM UK.  Full Article

Quilter Says Qtrly Net Client Cash Flow 1.6 Billion Stg
Monday, 30 Apr 2018 

April 30 (Reuters) - Quilter PLC ::QTRLY NET CLIENT CASH FLOW 1.6 BILLION STG VERSUS 1.4 BILLION STG.QTRLY GROSS SALES 4.4 BILLION STG VERSUS 4.2 BILLION STG.OUTLOOK FOR OUR BUSINESS REMAINS POSITIVE AND CURRENT TRADING REMAINS IN LINE WITH EXPECTATIONS.  Full Article

British wealth manager Quilter's CFO to step down in March

LONDON British wealth manager Quilter said on Thursday that Chief Financial Officer Tim Tookey would step down in March 2019 and be replaced by Corporate Finance Director Mark Satchel.