Director/PDMR Shareholding

RNS Number : 5233A

Mattioli Woods PLC

23 September 2022

 

23 September 2022

Mattioli Woods plc

("Mattioli Woods" or "the Company")

Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs")

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 22 September 2022, 20,000 options with an exercise price of 1 pence ("Nominal Cost Options") were exercised into ordinary shares of 1 pence each in the Company ("Ordinary Shares") under the Mattioli Woods 2010 Long Term Incentive Plan ("LTIP") by PDMR Michael Wright.

The resultant interest in nominal cost options is as follows:

Director/PDMR	Interest in Nominal Cost Options prior to the option exercises	Date of option exercise	Nominal Cost Options exercised	Interest in Nominal Cost Options following the option exercises
Michael Wright	80,000	22 Sept 2022	20,000	60,000

Following this exercise, the executive directors and PDMRs hold 404,300 unexercised LTIP Nominal Cost Options, of which 30,000 are capable of being exercised.

Following this exercise, the total number of options in issue is 970,369, equivalent to 1.9% of the current issued share capital of the Company.

Following the exercise of the options by Michael Wright, above, and George Houston, as announced on 22 September 2022, Michael Wright and George Houston sold a total of 14,559 Ordinary Shares at a price of 635.0 pence per share. Their resultant interests in ordinary shares in the Company are as follows:

Director/PDMR	Number of shares sold	Sale price	Resultant total shares held	Percentage of issued share capital
Michael Wright	9,706	635p	31,502	0.06%
George Houston	4,853	635p	8,439	0.02%

The above information is provided by the Company in accordance with its obligations under the FCA's Disclosure and Transparency Rules. 

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	1.  Michael Wright
2	Reason for the notification
a)	Position/status	1.  PDMR, Group Managing Director
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	Exercise of options
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  1p per ordinary share	1.  20,000
d)	Aggregated information - Aggregated volume - Price	N/a (Single transaction) 1.  £200
e)	Date of the transaction	22 September 2022
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	1.  Michael Wright 2.  George Houston
2	Reason for the notification
a)	Position/status	1.  PDMR, Group Managing Director 2.  PDMR, Group Compliance 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)
		1.  635p per ordinary share 2.  635p per ordinary share	1.  9,706 2.  4,853
d)	Aggregated information - Aggregated volume - Price	N/a (Single transaction) 1.  £61,633.10 2.  £30,816.55
e)	Date of the transaction	1.  23 September 2022 2.  23 September 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)
Emma Gabriel	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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