Purchase of Company shares by EBT

RNS Number : 5130Z

Mattioli Woods PLC

13 January 2020

 

13 January 2020

Mattioli Woods plc

("Mattioli Woods" or "the Company")

Market purchase of Company shares

by the Company's Employee Benefit Trust

Mattioli Woods plc (AIM: MTW.L), the specialist wealth management and employee benefits business, confirms that Volaw Corporate Trustee Limited acting as trustee of the Mattioli Woods Employee Benefit Trust ("the Trust"), on 10 January 2020 purchased in the market 6,040 ordinary shares of nominal value of 1 pence each in the capital of the Company ("Ordinary Shares") at an average price of 824.0 pence per share. 

The Trust holds Ordinary Shares for the benefit of the Company's employees and, in particular, to satisfy the vesting of awards made under the Company's various employee share incentive plans.  As such, the Executive Directors and other participating persons discharging management responsibilities are amongst the potential beneficiaries of the Trust.  

Following the above transaction, the Trust holds 64,712 Ordinary Shares for the above purpose, representing 0.24% of the Company's issued share capital with voting rights.

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For further information please contact:

Mattioli Woods plc
Nathan Imlach, Chief Financial Officer	Tel: [phone]
	www.mattioli-woods.com

Canaccord Genuity Limited (Nominated Adviser and Joint Broker)
Sunil Duggal	Tel: [phone]
David Tyrrell	www.canaccordgenuity.com
Thomas Diehl

N+1 Singer (Joint Broker)
Richard Lindley, Corporate Finance	Tel: [phone]
Justin McKeegan, Corporate Finance	www.n1singer.com
Tom Salvesen, Corporate Broking

 

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