Quilter PLC Response to press speculation (2913I)
11 December 2020 - 4:00AM
UK Regulatory
TIDMQLT
RNS Number : 2913I
Quilter PLC
10 December 2020
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT
JURISDICTION
FOR IMMEDIATE RELEASE
10 December 2020
Quilter plc ("Quilter" or the "Group" or "the company")
Response to press speculation
Quilter notes recent press speculation in respect of Quilter
International. Quilter International is part of Quilter plc, a
leading wealth management business in the UK and internationally,
with the Group overseeing GBP109.5 billion of investments on behalf
of approximately 900,000 clients (as of 30 September 2020).
In the context of Quilter's long-term strategy and ambition, the
Board has initiated a strategic review of Quilter International to
evaluate its role in delivering Quilter's future growth ambitions.
The review is at an early stage and as such the outcome is not yet
known. Options range from a decision to retain Quilter
International through to a disposal of the business. The Board of
Quilter has not yet decided on any particular option and as such
there can be no certainty that any potential transaction will be
concluded.
Quilter will update the market as and when appropriate.
- end -
Enquiries
Investor Relations:
John-Paul Crutchley +44 (0)7741 385 251
Keilah Codd +44 (0)7776 649 681
Media:
Jane Goodland +44 (0)7790 012 066
Tim Skelton-Smith +44 (0)7824 145 076
Camarco:
Geoffrey Pelham-Lane +44 (0)20 3757 4985
Company Secretary:
Patrick Gonsalves +44 (0)7391 867 081
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 GBP109.5 billion in customer investments
(as at 30 September 2020).
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, including AAM Advisory in Singapore.
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 Investment Platform
International Quilter International
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JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
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