On Thursday 1 April 2021, Quilter announced that we had entered into an agreement for Utmost Group Limited (‘Utmost’) to acquire Quilter International. Following completion of the sale, Quilter International will become part of Utmost International, a subsidiary of Utmost.
The Sale is conditional upon, amongst other things, the approval of Quilter shareholders. The General Meeting was held on Thursday 17 June 2021 at 10:00am (UK time) at Senator House, London, where the resolution was approved with a 99.99% majority. The full results are available on our GM Hub. The transaction is expected to complete by the end of 2021 or early 2022.
We are wholly committed to ensuring good customer outcomes and we believe Utmost International is an excellent organisation to look after Quilter International customers. It is a highly regarded business, which is culturally aligned with Quilter and focused on growth in the markets in which Quilter International already operates.
For more information, please visit our GM Hub.