17 June 2021
Quilter plc
Quilter obtains shareholder approval for the proposed sale of Quilter International
On 1 April 2021, Quilter plc ("Quilter" or the "Company") announced that it had entered into an agreement with Utmost Isle of Man Holdings Limited, a subsidiary of Utmost Group Limited, ("Utmost") with respect to the sale of Quilter International, which is comprised of Quilter's entire shareholding in Quilter International Ireland DAC and Quilter International Holdings Limited (the "Sale").
Quilter is pleased to announce that a resolution proposed at a General Meeting of the Company held at 10 a.m. (UK time) on 17 June 2021 seeking approval of the Sale (the "Resolution") was duly passed by shareholders, with 99.99% of votes submitted in favour of the Resolution. Full details of the vote are set out below.
A further announcement will be made upon completion of the Sale.
| VOTES FOR | % FOR | VOTES AGAINST | % AGAINST | % ISC VOTED | VOTES WITHHELD |
| 1,310,242,148 | 99.99 | 75,630 | 0.01 | 75.72 | 157,244 |
The full text of the Resolution is set out in the notice of general meeting forming part of the Circular to shareholders dated 17 May 2021.
Please note a 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' and 'against' a resolution or the total number of votes cast.
The total number of Quilter shares in issue as at 6:30 p.m. (UK time) on 15 June 2021, being the voting record time, was 1,730,590,289 ordinary shares. The Company does not hold any ordinary shares in the capital of the Company in treasury. Therefore, the total voting rights in the Company as at the voting record time were 1,730,590,289.
A copy of the Resolution will be submitted and made available for inspection from the Financial Conduct Authority's National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
A copy of this announcement has been posted on the Company's website at quilter.com/gm.
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Enquiries:
| Investor Relations: John-Paul Crutchley Keilah Codd
|
+44 (0)7741 385 251 +44 (0)7776 649 681 |
| Company Secretary: Patrick Gonsalves |
+44 (0)7391 867 081
|
| Goldman Sachs International - Joint financial adviser, corporate broker and UK sponsor to Quilter Richard Cormack / James Lucas / Warren Stables |
+44 (0) 20 7774 1000 |
| JP Morgan Cazenove - Joint financial adviser, corporate broker and JSE transaction sponsor to Quilter Anna Franekova / James A. Kelly / Thembeka Mgoduso |
+44 (0) 20 7742 4000 |
Registrars:
| Shareholders on the UK Register: | |
| Equiniti
| https://help.shareview.co.uk
Tel: +44 (0)333 207 5953* (calling from the UK) Tel: +44 (0)121 415 0113 (calling from overseas)
*Lines are open Monday to Friday between 08:30 and 17:30 (UK time), excluding public holidays in England and Wales. |
| Shareholders on the South African Register: | |
| JSE Investor Services (Pty) Limited
| Email: investorenquiries@jseinvestorservices.co.za
Tel: 086 140 0110/086 154 6566 (calling from South Africa)
Tel: +27 11 029 0251/+27 11 029 0253 (calling from overseas)
Lines are open Monday to Friday between 08:00 and 16:30 (SA time). |
Cautionary statement
This announcement is not intended to, and does not constitute, or form part of, any offer to sell or an invitation to purchase or subscribe for any securities or a solicitation of any vote or approval in any jurisdiction. The information contained in this announcement is not for release, publication or distribution to persons in any jurisdiction where to do so might constitute a violation of local securities laws or regulations.
Important information relating to financial advisers
Goldman Sachs International, which is authorised by the Prudential Regulatory Authority and regulated by the Financial Conduct Authority and the Prudential Regulatory Authority in the UK, is acting exclusively for Quilter and for no one else in connection with the matters described in this announcement and is not, and will not be, responsible to anyone other than Quilter for providing the protections afforded to its clients nor for providing advice in connection with the matters set out in this announcement.
JP Morgan Cazenove, which is authorised by the Prudential Regulatory Authority and regulated by the Financial Conduct Authority and the Prudential Regulatory Authority in the UK, is acting exclusively for Quilter and for no one else in connection with the matters described in this announcement and is not, and will not be, responsible to anyone other than Quilter for providing the protections afforded to its clients nor for providing advice in connection with the matters set out in this announcement.
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 £119.9 billion in customer investments (as at 31 March 2021).
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 Private Client Advisers, Quilter Financial Planning and Quilter Financial Advisers), the discretionary fund management business (Quilter Cheviot) and the Multi-asset investment solutions business (Quilter Investors). Wealth Platforms includes the Old Mutual Wealth UK Platform and Quilter International, including AAM Advisory in Singapore.
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