SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Walt Franz

(Last) (First) (Middle)
C/O QUOTIENT LIMITED
28 ESPLANADE

(Street)
ST HELIER Y9 JE2 3QA

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/19/2018
3. Issuer Name and Ticker or Trading Symbol
Quotient Ltd [ QTNT ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
Exhibit List Exhibit 24 - Power of Attorney
No securities are beneficially owned.
/s/ Franz Walt 02/21/2018
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
                               POWER OF ATTORNEY
                 FOR SEC FILINGS ON FORMS ID, 3, 4, 5 AND 144
                          IN RESPECT OF SECURITIES OF
                                 QUOTIENT LTD.

The undersigned hereby constitutes and appoints each of Paul Cowan, Christopher
J. Lindop, Roland Boyd, Per Chilstrom, and Allein Sabel or any one of them
acting alone, as his true and lawful attorney-in-fact and agent, with full
power of substitution and resubstitution for his in his name and stead in any
and all capacities, to sign and file for and on his behalf, in respect of any
acquisition, disposition or other change in beneficial ownership of any shares
of common stock of Quotient Ltd. (the "Company"), the following:

(i)     any Form ID to be filed with the Securities and Exchange Commission (the
        "SEC");

(ii)    any Initial Statement of Beneficial Ownership of Securities on Form 3 to
        be filed  with the SEC;

(iii)   any Statement of Changes of Beneficial Ownership of Securities on Form 4
        to be filed  with the SEC;

(iv)    any Annual Statement of Beneficial Ownership of Securities on Form 5 to
        be filed  with the SEC;

(v)     any Notice of Proposed Sale of Securities on Form 144 to be filed with
        the SEC; and

(vi)    any and all agreements, certificates, receipts, or other documents in
        connection therewith.

The undersigned hereby gives full power and authority to
 the attorney-in-fact to
seek and obtain as the undersigned's representative and on the undersigned's
behalf, information on transactions in the Company's securities from any third
party, including brokers, employee benefit plan administrators and trustees, and
the undersigned hereby authorizes any such person to release such information to
the undersigned and approves and ratifies any such release of information.

The undersigned hereby grants unto such attorney-in-fact and agent full power
and authority to do and perform each and every act and thing requisite and
necessary in connection with such matters and hereby ratifies and confirms all
that any such attorney-in-fact and agent or substitute may do or cause to be
done by virtue hereof.

The undersigned acknowledges that:

(i)     neither the Company nor such attorney-in-fact assumes (i) any liability
        for the undersigned's responsibility to comply with the requirement of
        the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
        (ii) any liability of the undersigned for any failure to comply with
        such requirements or (iii) any obligation or liability of the
        undersigned for profit disgorgement under Section 16(b) of the Exchange
        Act; and

(ii)    this Power of Attorney does not relieve the undersigned from
        responsibility for compliance with the undersigned's obligations under
        the Exchange Act, including without limitation the reporting
        requirements under Section 16 of the Exchange Act.

This Power of Attorney shall remain in full force and effect until revoked by
the undersigned in a signed writing delivered to such attorney-in-fact.


IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney.

Date:  February 15, 2018                /s/ Franz Walt
                                        -------------------------
                                        Franz Walt