Quilter PLC Confirmation of post-offer intention statements (7095P)

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RNS Number : 7095P

Quilter PLC

12 June 2020

THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE"), WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS.

FOR IMMEDIATE RELEASE

12 June 2020

Quilter Financial Planning Limited

Rule 19.6(c) confirmation of post-offer intention statements

Quilter Financial Planning Limited (" Quilter Financial Planning "), a wholly owned indirect subsidiary of Quilter plc ("Quilter"), announces that, further to the completion of its recommended offer for the entire issued and to be issued ordinary share capital of Lighthouse Group plc ("Lighthouse") on 12 June 2019, its board of directors, along with Quilter's board of directors, has duly confirmed in writing to The Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of the Code that Quilter Financial Planning has complied with its post-offer statements of intent made pursuant to Rules 2.7(c)(iv) and 24.2 of the Code, as originally detailed in its announcement of 3 April 2019 and the Lighthouse scheme document published on 15 April 2019.

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Enquiries:

 
 Quilter Financial Planning / Quilter 
 Investor Relations: 
  John-Paul Crutchley                      [phone] 
 Company Secretary: 
  Patrick Gonsalves                        [phone] 
 Media: 
  Kathleen Gallagher                       [phone] 
 

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 GBP95.3 billion in investments (as at 31 March 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 business, 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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June 12, 2020 04:00 ET (08:00 GMT)