Purchase of Company shares by EBT

RNS Number : 3276F

Mattioli Woods PLC

06 March 2020

 

6 March 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 5 March 2020 purchased in the market 5,996 ordinary shares of nominal value of 1 pence each in the capital of the Company ("Ordinary Shares") at an average price of 830.0 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 76,578 Ordinary Shares for the above purpose, representing 0.28% of the Company's issued share capital with voting rights.

- Ends -

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

 

END

 

 

MSCUNOSRRUUORAR