Exercise of options and PDMR dealing
11 September 2020
Mattioli Woods plc
("Mattioli Woods" or "the Company")
Exercise of Options
Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs")
Mattioli Woods (AIM: MTW.L), the specialist wealth management and employee benefits business, announces that on 9 September 2020, 189,031 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 employees and PDMRs. As such 189,031 Ordinary Shares have been issued by the Company.
Application has been made to the London Stock Exchange for admission of the 189,031 new Ordinary Shares to trading on AIM and dealings are expected to commence on 16 September 2020 ("Admission"). Following Admission, the Company will have a total of 28,007,027 Ordinary Shares in issue with voting rights. The Company does not hold any Ordinary Shares in treasury. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company.
The transactions by PDMRs were as follows:
|
Director/PDMR |
Total Interest in Nominal Cost Options before exercise |
Date of option exercise |
Nominal Cost Options exercised |
Total Interest in Nominal Cost Options following exercise |
|
Michael Wright |
43,546 |
9-Sept-2020 |
5,546 |
38,000 |
|
Nathan Imlach |
113,943 |
9-Sept-2020 |
64,740 |
49,203 |
|
Simon Gibson |
47,239 |
9-Sept-2020 |
9,844 |
37,395 |
Following the exercise of the options, on 9 September 2020 Michael Wright, Nathan Imlach and Simon Gibson sold 2,624, 64,740 and 9,844 Ordinary Shares respectively at a price of 670 pence per share.
Their resultant interests in the Company are:
|
Director/ |
Date of transaction |
Number of shares purchased |
Purchase price |
Number of shares sold |
Sale price |
Total shares held |
Percentage of issued share capital |
|
Michael Wright |
9-Sept-2020 |
5,546 |
1p |
2,624 |
670p |
8,941 |
0.03% |
|
Nathan Imlach |
9-Sept-2020 |
64,740 |
1p |
64,740 |
670p |
112,906 |
0.40% |
|
Simon Gibson |
9-Sept-2020 |
9,844 |
1p |
9,844 |
670p |
125,769 |
0.45% |
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. Nathan Imlach 3. Simon Gibson
|
|
|
2 |
Reason for the notification |
||
|
a) |
Position/status
|
1. PDMR, Group Managing Director 2. PDMR, Chief Financial Officer 3. 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
|
Options over ordinary shares
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 2. 1p per Ordinary Share 3. 1p per Ordinary Share
|
1. 5,546 2. 64,740 3. 9,844 |
||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/a (Single transaction) |
|
|
e)
|
Date of the transaction
|
1. 9 September 2020 2. 9 September 2020 3. 9 September 2020
|
|
|
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. Nathan Imlach 3. Simon Gibson
|
|
|
2 |
Reason for the notification |
||
|
a) |
Position/status
|
1. PDMR, Group Managing Director 2. PDMR, Chief Financial Officer 3. 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 ordinary shares |
|
|
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s) |
|
1. 670p per Ordinary Share 2. 670p per Ordinary Share 3. 670p per Ordinary Share
|
1. 5,546 2. 64,740 3. 9,844 |
||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/a (Single transaction) |
|
|
e)
|
Date of the transaction
|
1. 9 September 2020 2. 9 September 2020 3. 9 September 2020
|
|
|
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 |
|
Ravi Tara, Group Finance Director |
www.mattioli-woods.com |
|
Canaccord Genuity Limited |
|
|
David Tyrrell |
Tel: +44 (0) 20 7523 8000 |
|
Emma Gabriel |
www.canaccordgenuity.com |
|
Thomas Diehl |
|
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