Director/PDMR Shareholding

RNS Number : 2136G

Mattioli Woods PLC

11 November 2022

 

11 November 2022

Mattioli Woods plc

("Mattioli Woods" or "the Company")

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

As required by Article 19.3 of Regulation (EU) No. 596/2014 on market abuse, Mattioli Woods (AIM: MTW.L), the specialist wealth and asset management business, announces that on 10 November 2022 the Company received notification from Link Market Services Limited ("Link") that Link allocated new Ordinary Shares of 1 pence each ("Ordinary Shares") in the Company on behalf of certain PDMRs and persons closely associated with PDMRs of the Company as part of a standing election for the reinvestment of dividends, which were paid 3 November 2022, under The Mattioli Woods plc Share Incentive Plan ("the plan"). 

In addition, PDMRs Ian Mattioli, Chief Executive Officer, and Ravi Tara, Chief Financial Officer, bought 36,171 and 2,740 Ordinary Shares respectively.

The resulting shares held by those PDMRs and persons closely associated with PDMRs is as follows:

Name	Date of allocation	Number of shares allocated	Allocation price	Date of purchase	Number of shares purchased	Purchase Price	Total shares held	Percentage of issued share capital held
Ian Mattioli(1)	3-Nov-2022	152	540p	10-Nov-2022	36,171	548p	3,077,874	6.01%
Ravi Tara	3-Nov-2022	70	540p	11-Nov-2022	2,740	550p	14,035	0.03%
Michael Wright	3-Nov-2022	191	540p	-	-	-	31,693	0.06%
Iain McKenzie	3-Nov-2022	66	540p	-	-	-	5,055	0.01%
Nathan Imlach	3-Nov-2022	314	540p	-	-	-	122,694	0.24%
Simon Gibson	3-Nov-2022	98	540p	-	-	-	125,561	0.25%
George Houston	3-Nov-2022	92	540p	-	-	-	9,103	0.02%

(¹) of which 68 shares allocated to Clare Mattioli, wife of Ian Mattioli.

The allocation of shares as part of reinvestment of dividends was satisfied by the issuance of 26,038 new Ordinary Shares to the plan on 11 November 2022.

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.  Clare Mattioli 3.  Ravi Tara 4.  Michael Wright 5.  Iain McKenzie 6.  Nathan Imlach 7.  Simon Gibson 8.  George Houston
2	Reason for the notification
a)	Position/status	1.  PDMR, Chief Executive Officer 2.  Person closely associated with PDMR (Ian Mattioli, Chief Executive Officer) 3.  PDMR, Chief Financial Officer 4.  PDMR, Group Managing Director 5.  PDMR, Chief Operating Officer 6.  PDMR, Chief Strategic Adviser 7.  PDMR, Chief Investment Officer 8.  PDMR, SMF 16 Compliance Oversight
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	Allocation of shares under employee share plan
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  540p 2.  540p 3.  540p 4.  540p 5.  540p 6.  540p 7.  540p 8.  540p	1.  84 2.  68 3.  70 4.  191 5.  66 6.  314 7.   98 8.  92
d)	Aggregated information - Aggregated volume - Price	N/a (Single transaction) 1.  £453.60 2.   £367.20 3.   £378 4.  £1,031.40 5.  £356.40 6.   £1,695.60 7.   £529.20 8.  £496.80
e)	Date of the transaction	1.  3 November 2022 2.   3 November 2022 3.   3 November 2022 4.   3 November 2022 5.   3 November 2022 6.  3 November 2022 7.  3 November 2022 8.  3 November 2022
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.  Ian Mattioli 2.  Ravi Tara
2	Reason for the notification
a)	Position/status	1.  PDMR, Chief Executive Officer 2.  PDMR, Chief Financial 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	Acquisition of Shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  548p 2.  550p	1.  36,171 2.  2,740
d)	Aggregated information - Aggregated volume - Price	N/a (single transaction) 1.  £198,217.08 2.  £15,070.00
e)	Date of the transaction	1.  10 November 2022 2.  11 November 2022
f)	Place of the transaction	London Stock Exchange, AIM

- Ends -

For further information please contact:

Mattioli Woods plc
Ravi Tara, Chief Financial Officer		Tel: [phone]
		www.mattioliwoods.com
Canaccord Genuity Limited (Nominated Adviser and Joint Broker)
Emma Gabriel	Tel: [phone]
Thomas Diehl	www.canaccordgenuity.com
Singer Capital Markets (Joint Broker)
Justin McKeegan
Tom Salvesen Alaina Wong	Tel: [phone] www.singercm.com

 

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