Director/PDMR Shareholding

RNS Number : 5721Z

Mattioli Woods PLC

18 September 2015

 



18 September 2015

Mattioli Woods plc

("Mattioli Woods" or "the Company")

Director/PDMR Shareholdings

Mattioli Woods plc (AIM: MTW.L), the specialist wealth management and employee benefits business, announces that on 18 September 2015, Bob Woods, Chairman of the Company, sold 500,000 Ordinary Shares of 1 penny each ("Ordinary Shares") in the Company at a price of 617.16 pence per share.  Bob Woods now holds a beneficial interest in 2,573,703 Ordinary Shares, representing approximately 10.3% of the Company's issued share capital.

In addition, the Company has today been informed that, Mark Smith, Executive Director of the Company, and Joanne Lake and Carol Duncumb, both Non-Executive Directors of the Company, have traded shares as follows:

Director name	Transaction type	Date	No. shares	Price	Resultant holding	Resultant % holding
Joanne Lake	Purchase	18/09/15	4,100	610p	4,100	0.02%
Carol Duncumb	Purchase	18/09/15	4,100	610p	4,100	0.02%
Mark Smith	Purchase	18/09/15	2,460	610p	3,756	0.02%

Commenting on the transaction, Bob Woods said: "Having founded this business 24 years ago with Ian Mattioli, I am looking forward to helping the business continue to grow strongly at this time of great opportunity.  This share sale leaves me with over 10% of the Company's equity and I have neither the intention nor desire to consider any further sales for the foreseeable future.  I look forward to continuing to play a part in the growth of the business for many years to come." 

For further information please contact:

Mattioli Woods plc
Nathan Imlach, Finance Director	Tel: [phone]
[e-mail]	www.mattioli-woods.com

Canaccord Genuity Limited
Roger Lambert, Corporate Broking	Tel: [phone]
Sunil Duggal, Investment Banking Kit Stephenson, Equity Capital Markets	www.canaccordgenuity.com

 

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