PDMR Shareholding

RNS Number : 9501A

Mattioli Woods PLC

04 January 2018

 

4 January 2018

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 3 January 2018 certain of its persons discharging managerial responsibilities ("PDMRs") exercised options to subscribe for 5,203 new Ordinary Shares ("Options").  Immediately following the exercise of the Options, Ordinary Shares totalling 13,808 were sold on behalf of PDMRs.  

Exercise of Options

On 3 January 2018 Mark Smith (Chief Operating Officer of the Company), who is considered to be a PDMR, exercised 5,203 Options at an option exercise price of 1 pence per share.  His total interest in Options following these exercises is:

Name	Total Interest in Nominal Cost Options before exercise	Nominal Cost Options exercised on 3 January 2018	Total Interest in Nominal Cost Options following exercise
Mark Smith	91,067	5,203	85,864

Following the exercise of the Options, on 3 January 2018 Mark Smith and Murray Smith (Group Managing Director of the Company, also considered to be a PDMR) sold 5,203 and 8,605 Ordinary Shares respectively at a price of 760.00 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
Mark Smith	3-Jan-2018	5,203	1.00p	5,203	760.00p	5,312	0.02%
Murray Smith	3-Jan-2018	-	-	8,605	760.00p	79,181	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	Mark Smith
2	Reason for the notification
a)	Position/status	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)
		1p per Ordinary Share	5,203
d)	Aggregated information - Aggregated volume - Price	N/a (Single transaction)
e)	Date of the transaction	3 January 2018
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.   Murray Smith 2.   Mark Smith
2	Reason for the notification
a)	Position/status	1.   Executive director and PDMR, Group Managing Director 2.   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.   760.00p per Ordinary Share 2.   760.00p per Ordinary Share	1.   8,605 2.   5,203
d)	Aggregated information - Aggregated volume - Price	N/a (Single transaction)
e)	Date of the transaction	1.   3 January 2018 2.   3 January 2018
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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