Fed’s Powell opens door to potential rate cuts at Jackson Hole
LONDON - Quilter PLC, a financial services company, has announced its Annual General Meeting (AGM) for 2025, along with a proposal to buy back shares. The AGM is set for Thursday, May 22, 2025, at Senator House in London.
The company will submit its 2024 Annual Report and AGM Notice to the National Storage Mechanism and make these documents available for inspection. Shareholders will receive these documents by April 2, 2025. The Annual Report can also be viewed online at Quilter’s website.
Key dates for the AGM have been outlined, including proxy dates for registered holders on May 20, 2025, and a record date to attend and vote on the same day. Shareholders on the Johannesburg Stock Exchange can trade their shares until May 15, 2025, before the register closes for voting eligibility.
Quilter intends to seek authorization at the AGM to enter into contingent purchase contracts to buy back up to 140,410,549 ordinary shares listed on the Johannesburg Stock Exchange. This move is part of a strategy to manage the company’s share capital effectively.
The 2024 Annual Report details the company’s principal risks and uncertainties, with a stable risk trend in areas like business strategy, operations, technology, customer propositions, and regulatory compliance. However, the risk trend in regulatory, tax, and legal compliance is increasing.
The Directors have confirmed their responsibility for preparing the Annual Report, ensuring it provides a fair view of the company’s financial position and performance. They have also confirmed that the report is fair, balanced, and understandable.
Transactions with related parties, including key management personnel, have been conducted on an arm’s length basis and are not material to the Group’s results. The compensation of key management personnel is disclosed in the report, along with transactions involving Group products on preferential staff terms.
The information in this article is based on a press release statement from Quilter PLC.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.