Director/PDMR Shareholding

RNS Number : 3083B
Mattioli Woods PLC
23 October 2009
 






Press Release

23 October 2009



Mattioli Woods plc



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



Director/PDMR shareholding


The directors of Mattioli Woods plc (AIM: MTW.L) announce that on 22 October 2009, Ian Mattioli, the Company's Chief Executive, sol500,000 Ordinary Shares of 1 pence each ("Ordinary Shares") in the Company, at a price of 238 pence per share.  Ian Mattioli now holds a beneficial interest in 3,623,703 Ordinary Shares, representing 20.93% of the Company's issued share capital.  Clare Mattioli's beneficial interest in 2,222 Ordinary Shares, representing 0.01% of the Company's issued share capital, remains as previously notified. Ian Mattioli and Clare Mattioli now hold in aggregate a beneficial interest in 3,625,925 Ordinary Shares, representing 20.94% of the Company's issued share capital.


Separately, on 22 October 2009, Bob Woods, the Company's Executive Chairman, sold 500,000 Ordinary Shares in the Company, at a price of 238 pence per share.  Bob Woods now holds a beneficial interest in 3,623,703 Ordinary Shares, representing 20.93% of the Company's issued share capital.  Sally Woods' beneficial interest in 407 Ordinary Shares, representing 0.002% of the Company's issued share capital, remains as previously notified. Bob Woods and Sally Woods now hold in aggregate a beneficial interest in 3,624,110 Ordinary Shares, representing 20.93% of the Company's issued share capital.


The shares were placed in response to market demand, increasing the Company's free float.  Bob Woods and Ian Mattioli have agreed not to dispose of any further shares at any time prior to publication of the Company's next annual results without the prior consent of the Company's broker.


- Ends -



For further information please contact:


Mattioli Woods plc


Nathan Imlach, Finance Director

Tel: +44 (0) 116 240 8700

nathan.imlach@mattioli-woods.com

www.mattioli-woods.com


Evolution Securities Limited


Joanne Lake, Corporate Finance

Tel: +44 (0) 113 243 1619

joanne.lake@evosecurities.com

www.evosecurities.com



This information is provided by RNS
The company news service from the London Stock Exchange
 
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