Director/PDMR Shareholding

RNS Number : 4818W

Mattioli Woods PLC

14 November 2017

 

14 November 2017

Mattioli Woods plc

("Mattioli Woods" or "the Company")

Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs")

As required by Article 19.3 of Regulation (EU) No. 596/2014 on market abuse, Mattioli Woods (AIM: MTW.L), the specialist wealth management and employee benefits business, announces that on 13 November 2017 it received confirmation that on 10 November 2017, certain of its persons discharging managerial responsibilities ("PDMRs") bought 65,600 Ordinary Shares of 1p each in the Company ("Ordinary Shares").  In addition, on 13 November 2017 options to subscribe for 76,761 new Ordinary Shares ("Options") were exercised by certain of its PDMRs and employees.  Immediately following the exercise of Options by PDMRs, Ordinary Shares totalling 62,658 were sold on their behalf.  

PDMR Dealings

On 10 November 2017 Ian Mattioli (Chief Executive Officer of the Company) and Carol Duncumb (Non-Executive Director of the Company) purchased Ordinary Shares of 63,080 and 2,520 respectively at a cost of 792.50 pence per share.  Their resultant interests in the Company are:

Name	Date of transaction	Number of shares purchased	Purchase price	Total shares held	Percentage of issued share capital
Ian Mattioli	10-Nov-2017	63,080	792.50p	3,299,235	12.67%
Carol Duncumb	10-Nov-2017	2,520	792.50p	8,800	0.03%

Exercise of Options

On 13 November 2017 Nathan Imlach (Chief Financial Officer of the Company), Murray Smith (Group Managing Director of the Company) and Mark Smith (Chief Operating Officer of the Company), who are each considered to be PDMRs, exercised 28,307 Options, 24,421 Options and 15,611 Options respectively at an option exercise price of 1 pence per share.  Their total interest in Options following these exercises is:

Name	Total Interest in Nominal Cost Options before exercise	Nominal Cost Options exercised on 13 November 2017	Total Interest in Nominal Cost Options following exercise
Nathan Imlach	130,271	28,307	101,964
Murray Smith	113,771	24,421	89,350
Mark Smith	106,678	15,611	91,067

Following the exercise of Options on 13 November 2017, Nathan Imlach, Murray Smith and Mark Smith sold 21,231, 25,816 and 15,611 Ordinary Shares respectively at a price of 794.49 pence per share.  Their resultant interests in the Company are:

Name	Date of transaction	Number of shares purchased	Purchase price	Number of shares sold	Sale price	Total shares held	Percentage of issued share capital
Nathan Imlach	13-Nov-2017	28,307	1.00p	21,231	794.49p	111,986	0.43%
Murray Smith	13-Nov-2017	24,421	1.00p	25,816	794.49p	87,786	0.34%
Mark Smith	13-Nov-2017	15,611	1.00p	15,611	794.49p	5,312	0.02%

Separately, on 13 November 2017, Nathan Imlach sold 7,076 Ordinary Shares to his personal pension scheme at a price of 792.50 pence per share.  Nathan Imlach's beneficial interest remains at 111,986 Ordinary Shares, representing 0.43% of the Company's issued share capital. 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.   Ian Mattioli 2.   Carol Duncumb
2	Reason for the notification
a)	Position/status	1.   Executive director and PDMR, Chief Executive Officer 2.   Non-Executive director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mattioli Woods plc
b)	LEI	2138003LAM79SNI63R97
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 1 pence each ISIN: GB00B0MT3Y97
b)	Nature of the transaction	Acquisition of ordinary shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   792.50p per Ordinary Share 2.   792.50p per Ordinary Share	1.   63,080 2.   2,520
d)	Aggregated information - Aggregated volume - Price	N/A (Single transaction)
e)	Date of the transaction	1.   10 November 2017 2.   10 November 2017
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.   Nathan Imlach 2.   Murray Smith 3.   Mark Smith
2	Reason for the notification
a)	Position/status	1.   Executive director and PDMR, Chief Financial Officer 2.   Executive director and PDMR, Group Managing Director 3.   PDMR, Chief Operating Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mattioli Woods plc
b)	LEI	2138003LAM79SNI63R97
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 1 pence each ISIN: GB00B0MT3Y97
b)	Nature of the transaction	Exercise of share options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   1p per Ordinary Share 2.   1p per Ordinary Share 3.   1p per Ordinary Share	1.   28,307 2.   24,421 3.   15,611
d)	Aggregated information - Aggregated volume - Price	N/A (Single transaction)
e)	Date of the transaction	1.   13 November 2017 2.   13 November 2017 3.   13 November 2017
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.   Nathan Imlach 2.   Murray Smith 3.   Mark Smith
2	Reason for the notification
a)	Position/status	1.   Executive director and PDMR, Chief Financial Officer 2.   Executive director and PDMR, Group Managing Director 3.   PDMR, Chief Operating Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mattioli Woods plc
b)	LEI	2138003LAM79SNI63R97
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 1 pence each ISIN: GB00B0MT3Y97
b)	Nature of the transaction	Sale of ordinary shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   794.49p per Ordinary Share 2.   794.49p per Ordinary Share 3.   794.49p per Ordinary Share	1.   21,231 2.   25,816 3.   15,611
d)	Aggregated information - Aggregated volume - Price	N/A (Single transaction)
e)	Date of the transaction	1.   13 November 2017 2.   13 November 2017 3.   13 November 2017
f)	Place of the transaction	London Stock Exchange, AIM

- Ends -

For further information please contact:

Mattioli Woods plc
Nathan Imlach, Chief Financial Officer	Tel: [phone]
	www.mattioli-woods.com

Canaccord Genuity Limited
Sunil Duggal, Investment Banking	Tel: [phone]
Andrew Buchanan, Corporate Broking	www.canaccordgenuity.com
Margarita Mitropoulou, Corporate Broking

 

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