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: +44 (0) 116 240 8700


www.mattioliwoods.com

Canaccord Genuity Limited (Nominated Adviser and Joint Broker)

Emma Gabriel

Tel: +44 (0) 20 7523 8000

Thomas Diehl

www.canaccordgenuity.com



Singer Capital Markets (Joint Broker)


Justin McKeegan

Tel: +44 (0) 20 7496 3000

Tom Salvesen

www.singercm.com

Alaina Wong


 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCFLFSRADIVFIF
UK 100

Latest directors dealings