Director/PDMR Shareholding

RNS Number : 4818W
Mattioli Woods PLC
14 November 2017
 

 

 

14 November 2017

 

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 management and employee benefits business, announces that on 13 November 2017 it received confirmation that on 10 November 2017, certain of its persons discharging managerial responsibilities ("PDMRs") bought 65,600 Ordinary Shares of 1p each in the Company ("Ordinary Shares").  In addition, on 13 November 2017 options to subscribe for 76,761 new Ordinary Shares ("Options") were exercised by certain of its PDMRs and employees.  Immediately following the exercise of Options by PDMRs, Ordinary Shares totalling 62,658 were sold on their behalf.  

 

PDMR Dealings

 

On 10 November 2017 Ian Mattioli (Chief Executive Officer of the Company) and Carol Duncumb (Non-Executive Director of the Company) purchased Ordinary Shares of 63,080 and 2,520 respectively at a cost of 792.50 pence per share.  Their resultant interests in the Company are:

 

Name

Date of transaction

Number of shares purchased

Purchase price

Total shares held

Percentage of issued share capital

Ian Mattioli

10-Nov-2017

63,080

792.50p

3,299,235

12.67%

Carol Duncumb

10-Nov-2017

2,520

792.50p

8,800

0.03%

 

Exercise of Options

 

On 13 November 2017 Nathan Imlach (Chief Financial Officer of the Company), Murray Smith (Group Managing Director of the Company) and Mark Smith (Chief Operating Officer of the Company), who are each considered to be PDMRs, exercised 28,307 Options, 24,421 Options and 15,611 Options respectively at an option exercise price of 1 pence per share.  Their total interest in Options following these exercises is:

 

Name

Total Interest in

Nominal Cost Options before exercise

Nominal Cost Options exercised on 13 November 2017

Total Interest in

Nominal Cost Options following exercise

Nathan Imlach

130,271

28,307

101,964

Murray Smith

113,771

24,421

89,350

Mark Smith

106,678

15,611

91,067

 

Following the exercise of Options on 13 November 2017, Nathan Imlach, Murray Smith and Mark Smith sold 21,231, 25,816 and 15,611 Ordinary Shares respectively at a price of 794.49 pence per share.  Their resultant interests in the Company are:

 

Name

Date of transaction

Number of shares purchased

Purchase price

Number of shares sold

Sale price

Total shares held

Percentage of issued share capital

Nathan Imlach

13-Nov-2017

28,307

1.00p

21,231

794.49p

111,986

0.43%

Murray Smith

13-Nov-2017

24,421

1.00p

25,816

794.49p

87,786

0.34%

Mark Smith

13-Nov-2017

15,611

1.00p

15,611

794.49p

5,312

0.02%

 

Separately, on 13 November 2017, Nathan Imlach sold 7,076 Ordinary Shares to his personal pension scheme at a price of 792.50 pence per share.  Nathan Imlach's beneficial interest remains at 111,986 Ordinary Shares, representing 0.43% of the Company's issued share capital. 

 

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.   Ian Mattioli

2.   Carol Duncumb

 

2

Reason for the notification

a)

Position/status

 

1.   Executive director and PDMR, Chief Executive Officer

2.   Non-Executive 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

 

Acquisition of ordinary shares

c)

 

Price(s) and volume(s)

 

 

 Price(s)

 

   Volume(s)

1.   792.50p per Ordinary Share

2.   792.50p per Ordinary Share

 

1.   63,080

2.   2,520

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A (Single transaction)

e)

 

Date of the transaction

 

1.   10 November 2017

2.   10 November 2017

 

f)

 

Place of the transaction

 

London Stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

1.   Nathan Imlach

2.   Murray Smith

3.   Mark Smith

 

2

Reason for the notification

a)

Position/status

 

1.   Executive director and PDMR, Chief Financial Officer

2.   Executive director and PDMR, Group Managing Director

3.   PDMR, Chief Operating 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

 

Exercise of share options

c)

 

Price(s) and volume(s)

 

 

 Price(s)

 

   Volume(s)

1.   1p per Ordinary Share

2.   1p per Ordinary Share

3.   1p per Ordinary Share

 

1.   28,307

2.   24,421

3.   15,611

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A (Single transaction)

e)

 

Date of the transaction

 

1.   13 November 2017

2.   13 November 2017

3.   13 November 2017

 

f)

 

Place of the transaction

 

London Stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

1.   Nathan Imlach

2.   Murray Smith

3.   Mark Smith

 

2

Reason for the notification

a)

Position/status

 

1.   Executive director and PDMR, Chief Financial Officer

2.   Executive director and PDMR, Group Managing Director

3.   PDMR, Chief Operating 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 ordinary shares

c)

 

Price(s) and volume(s)

 

 

 Price(s)

 

   Volume(s)

1.   794.49p per Ordinary Share

2.   794.49p per Ordinary Share

3.   794.49p per Ordinary Share

 

1.   21,231

2.   25,816

3.   15,611

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A (Single transaction)

e)

 

Date of the transaction

 

1.   13 November 2017

2.   13 November 2017

3.   13 November 2017

 

f)

 

Place of the transaction

 

London Stock Exchange, AIM

 

- Ends -

 

For further information please contact:

Mattioli Woods plc


Nathan Imlach, Chief Financial Officer

Tel: +44 (0) 116 240 8700


www.mattioli-woods.com

 

Canaccord Genuity Limited


Sunil Duggal, Investment Banking

Tel: +44 (0) 20 7523 8000

Andrew Buchanan, Corporate Broking

www.canaccordgenuity.com

Margarita Mitropoulou, Corporate Broking


 


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