Director/PDMR Shareholding

RNS Number : 3720H

Mattioli Woods PLC

05 April 2022

 

5 April 2022

Mattioli Woods plc

("Mattioli Woods" or "the Company")

Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs") and Holding in Company

As required by Article 19.3 of Regulation (EU) No. 596/2014 on market abuse, Mattioli Woods (AIM: MTW.L), the specialist wealth and asset management business, announces that on 5 April 2022 Simon Gibson, Chief Investment Officer and who is considered to be a PDMR, sold 2,700 ordinary shares of 1p each in the Company ("Ordinary Shares") .  

In addition, the Company received notification from Link Market Services Limited ("Link") that Link allocated new Ordinary Shares of 1 pence each in the Company on behalf of certain PDMRs and persons closely associated with PDMRs of the Company as part of a standing election for the reinvestment of dividends, which were paid 25 March 2022, under The Mattioli Woods plc Share Incentive Plan ("the plan").

The resulting shares held by those PDMRs and persons closely associated with PDMRs is as follows:

Name	Date of allocation	Number of shares allocated	Allocation price	Date of sale	Number of shares sold	Sale price	Total shares held	Percentage of issued share capital held
Ian Mattioli(1)	25-Mar-2022	47	797.5p	-	-	-	3,023,479	5.93%
Ravi Tara	25-Mar-2022	17	797.5p	-	-	-	10,733	0.02%
Michael Wright	25-Mar-2022	54	797.5p	-	-	-	20,714	0.04%
Iain McKenzie	25-Mar-2022	15	797.5p	-	-	-	4,497	0.01%
Nathan Imlach	25-Mar-2022	98	797.5p	-	-	-	121,810	0.24%
Simon Gibson	25-Mar-2022	30	797.5p	5-Apr-2022	2,700	770.0p	123,231	0.24%
George Houston	25-Mar-2022	36	797.5p	-	-	-	3,292	0.01%

(¹) of which 21 shares issued to Clare Mattioli, wife of Ian Mattioli.

The allocation of shares as part of reinvestment of dividends was satisfied by the issuance of 7,621 new Ordinary Shares to the plan on 5 April 2022.

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	Simon Gibson
2	Reason for the notification
a)	Position/status	PDMR, Chief Investment 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 shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		770.0p	2,700
d)	Aggregated information - Aggregated volume - Price	2,700 £20,790.00
e)	Date of the transaction	5 April 2022
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.  Ian Mattioli 2.  Clare Mattioli 3.  Ravi Tara 4.  Michael Wright 5.  Iain McKenzie 6.  Nathan Imlach 7.  Simon Gibson 8.  George Houston
2	Reason for the notification
a)	Position/status	1.  PDMR, Chief Executive Officer 2.  Person closely associated with PDMR (Ian Mattioli, Chief Executive Officer) 3.  PDMR, Chief Financial Officer 4.  PDMR, Group Managing Director 5.  PDMR, Group Operating Officer 6.  PDMR, Chief Strategic Adviser 7.  PDMR, Chief Investment Officer 8.  PDMR, SMF 16 Compliance Oversight
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	Allocation of shares under employee share plan
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  797.5p 2.  797.5p 3.  797.5p 4.  797.5p 5.  797.5p 6.  797.5p 7.  797.5p 8.  797.5p	1.  26 2.  21 3.  17 4.  54 5.  15 6.  98 7.  30 8.  36
d)	Aggregated information - Aggregated volume - Price	N/a (Single transaction) 1.  £207.35 2.   £167.48 3.   £135.58 4.  £403.65 5.  £119.63 6.   £781.55 7.   £239.25 8.  £287.10
e)	Date of the transaction	1.  25 March 2022 2.   25 March 2022 3.   25 March 2022 4.   25 March 2022 5.   25 March 2022 6.  25 March 2022 7.  25 March 2022 8.  25 March 2022
f)	Place of the transaction	London Stock Exchange, AIM

- Ends -

For further information please contact:

Mattioli Woods plc
Ravi Tara, Chief Financial Officer		Tel: [phone]
		www.mattioliwoods.com
Canaccord Genuity Limited (Nominated Adviser and Joint Broker)
Adam James	Tel: [phone]
Thomas Diehl	www.canaccordgenuity.com
Singer Capital Markets (Joint Broker)
Justin McKeegan	Tel: [phone]
Tom Salvesen	www.singercm.com
Alaina Wong

 

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