Result of General Meeting

RNS Number : 1317C

Mattioli Woods PLC

16 June 2021

 

16 June 2021

Mattioli Woods plc

("Mattioli Woods", "the Company" or "the Group")

Result of General Meeting

Mattioli Woods plc (AIM: MTW.L), the specialist wealth and asset management business, is pleased to announce that at the General Meeting held earlier today, all Resolutions put to shareholders (which were contained in the Circular and Notice of General Meeting dated 27 May 2021)  were duly passed. Accordingly, the Conditional Placing, the Broker Option and the PrimaryBid Offer are expected to complete, conditional on admission, at 8.00 a.m. on 17 June 2021.

The votes received from shareholders on the Resolutions were as follows:

		For		Against		Withheld	Total votes cast
Resolution	Ordinary / Special	No. of votes	%	No. of votes	%	No. of votes	No. of votes	% ISC
1. To authorise the directors to allot shares	Ordinary	24,377,253	99.99	291	0.01	27	24,377,544	78.48
2. To disapply statutory pre-emption rights	Special	24,377,253	99.99	291	0.01	27	24,377,544	78.48

Please note a "vote withheld" is not a vote under English law and is not counted in the calculation of votes "for" and "against" a resolution or the total number of votes cast.

The full text of the Resolutions is contained in the notice of general meeting set out in the Circular, a copy of which is available on the Company's website at https://mattioliwoods.com/aim-rules .

Admission of New Ordinary Shares

Application has been made to the London Stock Exchange for the admission of 14,168,897 new Ordinary Shares (which comprises the 13,757,512 Conditional Placing Shares, the 303,030 Broker Option Shares and the 108,355 PrimaryBid Offer Shares) to trading on AIM ("Second Admission"). It is anticipated that Second Admission will be effective and that dealings will commence in the 14,168,897 new Ordinary Shares at 8.00 a.m. on 17 June 2021.

The new Ordinary Shares to be issued in connection with the Conditional Placing, the Broker Option and the PrimaryBid Offer will, when issued, rank pari passu with the existing Ordinary Shares, including the right to receive future dividends.

Total Voting Rights

Following Second Admission, the total number of Ordinary Shares in the Company with voting rights is expected to be 45,230,172. Mattioli Woods does not hold any Ordinary Shares in Treasury. 

The above figure may be used by shareholders in the Company, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Terms and definitions used in this announcement shall have the same meaning as ascribed to them in the Company's announcements dated 26 May 2021 regarding the Proposed Acquisitions and Proposed Fundraise unless otherwise stated.

- Ends -

For further information please contact:

Mattioli Woods plc
Ian Mattioli MBE, Chief Executive Officer
Ravi Tara, Chief Financial Officer Michael Wright, Group Managing Director	Tel: [phone] www.mattioliwoods.com
Canaccord Genuity Limited (Nominated Advisor, Joint Bookrunner and Joint Broker)
Emma Gabriel
Sam Lucas		Tel: [phone]
Tom Diehl		www.canaccordgenuity.com
N+1 Singer (Joint Bookrunner and Joint Broker)
Justin McKeegan
Tom Salvesen	Tel: [phone]
Iqra Amin	www.n1singer.com

Media enquiries:

Camarco
Ed Gascoigne-Pees	Tel: [phone]
Julia Tilley	www.camarco.co.uk

 

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