Director/PDMR Shareholding

RNS Number : 5601P

Mattioli Woods PLC

08 February 2019

 

8 February 2019

Mattioli Woods plc

("Mattioli Woods" or "the Company")

Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated

Mattioli Woods (AIM: MTW.L), the specialist wealth management and employee benefits business, announces that on 7 and 8 February 2019 certain of its persons discharging managerial responsibilities ("PDMRs") exercised options to subscribe for 140,406 new Ordinary Shares ("Options") of 1p each in the Company ("Ordinary Shares") at an option exercise price of 1 pence per share.  Immediately following the exercise of the Options, Ordinary Shares totalling 68,570 were sold on behalf of PDMRs. 

Exercise of Options and Sale of Shares

Ian Mattioli (Chief Executive Officer of the Company), Nathan Imlach (Chief Financial Officer of the Company) and Murray Smith (Group Managing Director of the Company), who are considered to be PDMRs, exercised 140,406 Options 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	Date of Option exercise	Nominal Cost Options exercised	Total Interest in Nominal Cost Options following exercise
Ian Mattioli	271,852	7-Feb-2019	71,836	200,016
Nathan Imlach	131,167	8-Feb-2019	37,224	93,943
Murray Smith	117,464	8-Feb-2019	31,346	86,118

Following the exercise of the Options, on 8 February 2019 Nathan Imlach and Murray Smith sold 37,224 and 31,346 Ordinary Shares respectively at a price of 735 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
Ian Mattioli	7-Feb-2019	71,836	1p	-	-	3,371,131	12.71%
Nathan Imlach	8-Feb-2019	37,224	1p	37,224	735p	112,159	0.42%
Murray Smith	8-Feb-2019	31,346	1p	31,346	735p	79,393	0.30%

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.   Nathan Imlach 3.   Murray Smith
2	Reason for the notification
a)	Position/status	1.   PDMR, Chief Executive Officer 2.   PDMR, Chief Financial Officer 3.   PDMR, Group Managing 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	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.   71,836 2.   37,224 3.   31,346
d)	Aggregated information - Aggregated volume - Price	N/a (Single transaction)
e)	Date of the transaction	1.   7 February 2019 2.   8 February 2019 3.   8 February 2019
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.   Nathan Imlach 2.   Murray Smith
2	Reason for the notification
a)	Position/status	1.   PDMR, Chief Financial Officer 2.   PDMR, Group Managing 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	Sale of ordinary shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.   735p per Ordinary Share 2.   735p per Ordinary Share	1.   37,224 2.   31,346
d)	Aggregated information - Aggregated volume - Price	N/a (Single transaction)
e)	Date of the transaction	1.   8 February 2019 2.   8 February 2019
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	Tel: [phone]
David Tyrrell	www.canaccordgenuity.com
Emma Gabriel

 

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