Form 8 (OPD) Mattioli Woods plc

Mattioli Woods PLC

13 March 2024

 

FORM 8 (OPD)

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Full name of discloser:	Mattioli Woods plc
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Mattioli Woods plc
(d) Is the discloser the offeror or the offeree?	Offeree
(e) Date position held:      The latest practicable date prior to the disclosure	13 March 2024
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	N/A

2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

Class of relevant security:
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	Nil	-	Nil	-
(2) Cash-settled derivatives:	Nil	-	Nil	-
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	Nil	-	Nil	-
TOTAL:	Nil	-	Nil	-

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

(b)        Rights to subscribe for new securities

Class of relevant security in relation to which subscription right exists:	None
Details, including nature of the rights concerned and relevant percentages:	None

3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

a)   Shares held by the directors of Mattioli Woods plc, their close relatives and related trusts (excluding options which are set out in b) below): Director Number of ordinary shares of £0.01 each in the offeree Percentage of issued share capital Ian Mattioli 3,119,334 6.01 Iain Mckenzie 12,179 0.02 Ravi Tara 31,022 0.06 Michael Wright 35,154 0.07 Anne Gunther 11,576 0.02 Martin Reason 15,152 0.03 b)   Options and awards held by the directors of Mattioli Woods plc, their close relatives and related trusts: Director Description of the Award Grant Date Number of Mattioli Woods plc Relevant Securities Exercise Price Ian Mattioli Mattioli Woods 2021 LTIP 22 December 2021 120,000 £0.01 Mattioli Woods 2021 LTIP 10 October 2022 80,000 £0.01 Mattioli Woods 2021 LTIP 13 September 2023 101,428 £0.01 Iain Mckenzie Mattioli Woods 2010 LTIP 1 June 2020 5,000 £0.01 Mattioli Woods 2021 LTIP 22 December 2021 30,000 £0.01 Mattioli Woods 2021 LTIP 10 October 2022 27,500 £0.01 Mattioli Woods 2021 LTIP 13 September 2023 45,933 £0.01 Ravi Tara Mattioli Woods 2010 LTIP 1 June 2020 5,000 £0.01 Mattioli Woods 2021 LTIP 22 December 2021 40,000 £0.01 Mattioli Woods 2021 LTIP 10 October 2022 30,000 £0.01 Mattioli Woods 2021 LTIP 13 September 2023 50,109 £0.01 Michael Wright Mattioli Woods 2010 LTIP 1 June 2020 10,000 £0.01 Mattioli Woods 2021 LTIP 22 December 2021 45,000 £0.01 Mattioli Woods 2021 LTIP 10 October 2022 32,500 £0.01 Mattioli Woods 2021 LTIP 13 September 2023 54,284 £0.01 c)   Interests of pensions schemes of the Offeree and associated companies N/A d)   Interests of other persons acting in concert with the Offeree N/A

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

4.         OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to: (i)  the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

(c)        Attachments

Are any Supplemental Forms attached?

Supplemental Form 8 (Open Positions)	NO
Supplemental Form 8 (SBL)	NO

Date of disclosure:	13 March 2024
Contact name:	Ravi Tara
Telephone number:	0116 240 8700

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END