Director/PDMR Shareholding

RNS Number : 5036S

Mattioli Woods PLC

24 September 2014

Mattioli Woods plc

("Mattioli Woods" or "the Company")

Director/PDMR shareholding

Mattioli Woods plc (AIM: MTW.L), the specialist wealth management and employee benefits business, announces that on 24 September 2014, 181,407 Ordinary Shares of 1 penny each ("Ordinary Shares") in the Company were issued to the former shareholders of Thoroughbred Wealth Management Limited ("TWM") and its subsidiary Atkinson Bolton Limited ("ABC") (together "Atkinson Bolton") ("the Sellers") as deferred consideration payable in respect of the Company's acquisition of Atkinson Bolton on 29 July 2013 ("Completion").

Following the issue the Sellers' interests are as follows:

Seller

Number of

Ordinary Shares

issued to the

Seller at a price

of 441 pence

per share

Total number of

Ordinary Shares

now held by the

Seller

Percentage of

the Company's

issued share

capital

James Bolton

(Director of TWM and ABC)

90,703

503,555

2.49%

David Thurlow

(Director of TWM and ABC)

45,352

282,211

1.40%

Simon Gibson

(Director of TWM and ABC)

45,352

180,531

0.89%

Application for admission to AIM of these 181,407 new Ordinary Shares ("Admission") has therefore been made and it is anticipated that such Admission will occur on 30 September at 7.00 a.m. The Sellers have entered into a lock-in deed with Mattioli Woods and its nominated adviser and broker, Canaccord Genuity Limited, restricting sales of the new shares during the three years following Completion.

The total number of shares in issue, following Admission, will be 20,216,373.

-Ends-

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