Last checked at 2 Mar 2017 07:00
2 March 2017
Mattioli Woods plc
("Mattioli Woods" or "the Company")
Exercise of Options, PDMR Dealing and Total Voting Rights
Mattioli Woods (AIM: MTW.L), the specialist wealth management and employee benefits business, announces that options to subscribe for 155,184 new ordinary shares of 1p each in the Company ("Ordinary Shares" and the "Options") have been exercised by certain of its persons discharging managerial responsibilities ("PDMRs") and employees.
Exercise of Options
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 PMDRs, have exercised 50,199, 48,975 and 41,628 Options respectively, with their total interest in Options following these exercises being:
Name | Total Interest in Nominal Cost Options Before Exercise | Nominal Cost Options Exercised on 28 February 2017 | Total Interest in Nominal Cost Options following Exercise |
Nathan Imlach | 170,444 | 50,199 | 120,245 |
Murray Smith | 151,207 | 48,975 | 102,232 |
Mark Smith | 137,847 | 41,628 | 96,219 |
Director Dealings
Following the exercise of Options, 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) together with their connected persons sold 85,000, 48,975 and 41,628 Ordinary Shares respectively, whilst Anne Gunther (Non-Executive Director of the Company), purchased 4,000 Ordinary Shares. Their resultant interests in the Company are:
Number of Ordinary Shares | % of total issued share capital | |
Nathan Imlach | 103,892 | 0.40% |
Murray Smith | 88,136 | 0.34% |
Mark Smith | 4,367 | 0.02% |
Anne Gunther | 4,000 | 0.02% |
Further details of Director Dealings are provided below.
PDMR dealing
The Company announces that it has received the following notification of dealings in Ordinary Shares from Nathan Imlach, Murray Smith, Mark Smith and Anne Gunther, being PDMRs of Mattioli Woods and the following notification of dealing from Donna Imlach, wife and person closely associated with Nathan Imlach. The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation No 596/2014.
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. PDMR, Chief Financial Officer 2. 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 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. 50,199 2. 48,975 3. 41,628
| ||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/a (Single transaction) | |
e)
| Date of the transaction
| 1. 28 February 2017 2. 28 February 2017 3. 28 February 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 4. Donna Imlach
| |
2 | Reason for the notification | ||
a) | Position/status
| 1. PDMR, Chief Financial Officer 2. PDMR, Group Managing Director 3. PDMR, Chief Operating Officer 4. Wife of PDMR, Chief Financial 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. 750p 2. 750p 3. 750p 4. 750p | 1. 50,199 2. 48,975 3. 41,628 4. 34,801
| ||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/a (Single transaction) | |
e)
| Date of the transaction
| 1. 28 February 2017 2. 28 February 2017 3. 28 February 2017 4. 28 February 2017
| |
f)
| Place of the transaction
| London Stock Exchange, AIM | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Anne Gunther
| |
2 | Reason for the notification | ||
a) | Position/status
| 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
| Purchase of Shares | |
c)
| Price(s) and volume(s)
| Price(s)
| Volume(s) |
750p
| 4,000
| ||
d)
| Aggregated information
- Aggregated volume
- Price
| Price(s)
| Volume(s) |
750p
| 4,000
| ||
e)
| Date of the transaction
| 28 February 2017
| |
f)
| Place of the transaction
| London Stock Exchange, AIM | |
Total Voting Rights
Following the issue of the 155,184 new Ordinary Shares the Company will have a total of 25,744,819 Ordinary Shares in issue each carrying one voting right. The Company does not hold any shares in Treasury. Therefore, the total number of voting rights in the Company at close of business 28 February 2017 is 25,744,819.
The above 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 under the FCA's Disclosure and Transparency Rules.
The above information is provided by the Company in accordance with its obligations under the FCA's Disclosure and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. Upon publication of this announcement, this information is now considered to be in the public domain.
- 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 |
Kit Stephenson, Corporate Broking |