Information  X 
Enter a valid email address

Mattioli Woods PLC (MTW)

  Print      Mail a friend       Annual reports

Friday 11 September, 2020

Mattioli Woods PLC

Exercise of options and PDMR dealing

RNS Number : 6808Y
Mattioli Woods PLC
11 September 2020
 

 

 

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/
PDMR

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


 

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 [email protected] 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
 
 
DSHBBLLFBKLZBBB

a d v e r t i s e m e n t