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Quilter FY Profit Down


Quilter FY Profit Down
LONDON (dpa-AFX) - Quilter plc reported that its IFRS profit after tax for the year ended 31 December 2020 declined to 88 million pounds or 4.9 pence per share, from 146 million pounds or 7.8 pence per share in the prior year. The prior year result included profit after tax from discontinued operations of 167 million pounds, which related to the QLA business that was sold on 31 December 2019.
IFRS profit after tax from continuing operations was 89 million pounds in 2020, compared to a loss after tax of 21 million pounds in 2019, primarily due to the impact of a decrease in policyholder tax, which can vary significantly year-on-year as a result of market volatility, and a reduction in IFRS operating and administrative expenses during 2020 driven by the costs associated with the delivery of the Optimisation program and the Platform Transformation Program. ....

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DIRECTOR DEALINGS: Man and Rio Tinto execs sell; IHG non-exec buys


DIRECTOR DEALINGS: Man and Rio Tinto execs sell; IHG non-exec buys
Fri, 5th Mar 2021 16:07
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and Friday and not separately reported by Alliance News:
Man Group PLC - London-based fund manager - Chief Operating Officer & General Counsel Robyn Grew sells 400,000 shares at 161.71, worth GBP646,860, on Thursday.
InterContinental Hotels Group PLC - Denham, England-based hotelier - Non-Executive Director Richard Anderson buys 7,000 American Depositary Receipts at USD71.73, worth USD502,076, on Wednesday. Each ADR represents one ordinary IHG share.
Rio Tinto PLC - London-based miner - Peter Toth, head of group Strategy & Development, sells 3,149 shares at GBP64.78, worth GBP203,991, on Wednesday. ....

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