REG - Quilter PLC - Share Buyback Programme

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RNS Number : 2118V  Quilter PLC  04 March 2026

4 March 2026

 

Quilter plc

Share Buyback Programme

Quilter plc (the "Company") announces that it is commencing a Share Buyback
Programme (the "Programme") to purchase shares with a value of up to £100
million in order to reduce the share capital of the Company, subject to
remaining within certain pre-set parameters. The Board will keep the Programme
under review to make sure it continues to be the most efficient and effective
means of returning capital to shareholders.

The Company has entered into various agreements with Goldman Sachs
International ("GSI") under which it has issued an irrevocable instruction to
GSI to manage the initial tranche of the Programme of up to £40 million
("Tranche 1").

Company shares will be purchased on European trading venues, including the
London Stock Exchange, and on the Johannesburg Stock Exchange. GSI will carry
out the instruction during the period starting on 4 March 2026 and ending no
later than 15 June 2026 (the "Engagement Period") through the acquisition of
ordinary shares in the Company for subsequent repurchase by the Company. The
maximum aggregate purchase price payable by the Company under Tranche 1 is up
to approximately £40 million. The maximum aggregate number of shares that may
be purchased under Tranche 1 is 140,410,549.

All repurchases of Company shares under the Programme will be effected in
accordance with Chapter 9 of the UK Listing Rules of the Financial Conduct
Authority, the UK Market Abuse Regulation (in the case of shares repurchased
on trading venues in the United Kingdom) and the Company's authorities to
repurchase Company shares. The repurchase of Company shares will be
discontinued in the event that the Company ceases to have the necessary
authorities to repurchase ordinary shares. The Company will cancel the
repurchased shares.

GSI and/or its affiliates may undertake transactions in shares (which may
include sales and hedging activities, in addition to purchases which may take
place on any available trading venue or on an over the counter basis) during
the Engagement Period in order to manage its market exposure under the
Programme. Disclosure of such transactions will not be made by GSI and/or its
affiliates as a result of or as part of the Programme, but GSI and/or its
affiliates will continue to make any disclosures it is otherwise legally
required to make. GSI may effect purchases of Company shares on the
Johannesburg Stock Exchange through one or more of its affiliates or any
broker-dealer authorised to trade on the Johannesburg Stock Exchange.

Enquiries

 John-Paul Crutchley - Head of Investor Relations  Tel: +44 (0)7741 385 251

 Clare Barrett - Company Secretary                 Tel: +44 (0)207 002 7072

 

 

About Quilter plc

 

Quilter plc is a leading provider of financial advice, investments and wealth
management, committed to being the UK's best wealth manager for clients and
their advisers.

 

Quilter oversees £141.2 billion in customer investments as at 31 December
2025.

 

The business is comprised of two segments: Affluent and High Net Worth.

 

Affluent encompasses the financial planning business, Quilter Financial
Planning, the investment platform, Quilter Investment Platform, the digital
savings and investment app, Quilter Invest, and the multi-asset investment
solutions business, Quilter Investors.

 

High Net Worth comprises the discretionary fund management and financial
planning business, Quilter Cheviot.

 

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