Director/PDMR Shareholding

Mattioli Woods PLC

21 September 2023

 

21 September 2023

Mattioli Woods plc

("Mattioli Woods" or "the Company")

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

Mattioli Woods (AIM: MTW.L), the specialist wealth and asset management business, announces that on 18 September 2023, a total of 17,500 options with an exercise price of 1 pence ("Nominal Cost Options") were exercised into ordinary shares of 1 pence each in the Company ("Ordinary Shares") under the Mattioli Woods 2021 Long Term Incentive Plan ("LTIP") by Ian Mattioli, Michael Wright and Ravi Tara.

It is expected that Michael Wright and Ravi Tara will sell shares to cover the tax charge from exercising the options. A further announcement will be made in due course in the event of any share sale by a Director or PDMR.

The resultant interests in nominal cost options for Ian Mattioli, Michael Wright and Ravi Tara are as follows:

Director/PDMR	Interest in Nominal Cost Options prior to the option exercises	Date of option exercise	Nominal Cost Options exercised	Interest in Nominal Cost Options following the option exercises
Ian Mattioli	311,428	18 Sept 2023	10,000	301,428
Michael Wright	146,784	18 Sept 2023	5,000	141,784
Ravi Tara	127,609	18 Sept 2023	2,500	125,109

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.   Michael Wright 3.   Ravi Tara
2	Reason for the notification
a)	Position/status	1.   PDMR, Chief Executive Officer 2.   PDMR, Deputy Chief Executive Officer 3.   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	Options over ordinary shares ISIN: GB00B0MT3Y97
b)	Nature of the transaction	Exercise of 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.   10,000 2.   5,000 3.   2,500
d)	Aggregated information - Aggregated volume - Price	N/a (Single transaction)
e)	Date of the transaction	1.   18 September 2023 2.   18 September 2023 3.   18 September 2023
f)	Place of the transaction	Outside of a trading venue

- 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]
Harry Pardoe	www.canaccordgenuity.com
Singer Capital Markets (Joint Broker)
Justin McKeegan	Tel: [phone]
Tom Salvesen	www.singercm.com
Alaina Wong

 

END