Mattioli Woods Regulatory News (MTW)

Mattioli Woods plc

("Mattioli Woods" or "the Company")

Grants under Long Term Incentive Plan and Director/PDMR shareholding

Mattioli Woods plc (AIM: MTW.L), the specialist wealth management and employee benefits business, announces that on 15 October 2015 the Remuneration Committee of Mattioli Woods approved conditional share awards under the Mattioli Woods 2010 Long Term Incentive Plan ("the LTIP"). The awards grant participating employees a conditional right to become entitled to options with an exercise price of 1 pence ("Nominal Cost Options") over ordinary shares of 1 pence each in the Company ("Ordinary Shares").

The Company has today granted the following awards of Nominal Cost Options to the Company's executive directors ("the LTIP Awards"):

The executive directors do not have any unexercised options remaining in respect of historic option plans which are capable of being exercised.

A further 50 senior managers and executives employed by the Company and its subsidiaries have today been granted conditional awards of Nominal Cost Options over a total of 62,395 Ordinary Shares.

The LTIP Awards are subject to the achievement of corporate profitability performance targets measured over a three year performance period ending on 31 May 2018. The amounts shown above represent the maximum possible opportunity.

The price used to calculate the number of Ordinary Shares under the LTIP Awards was 612.5 pence per share, being the average of the mid-market closing price of a Mattioli Woods Ordinary Share on the five consecutive business days immediately preceding the date of grant.

The LTIP Awards will normally vest following the publication of the Group's audited results for the year ending 31 May 2018, expected to be in September 2018.

Separately, today Donna Imlach, the wife of the Company's Finance Director, Nathan Imlach, transferred 2,400 Ordinary Shares to Nathan Imlach for nil consideration. Also today, Donna Imlach sold 15,600 Ordinary Shares and Nathan Imlach sold 14,400 Ordinary Shares at a price of 612.5 pence per share. Following these transactions, Nathan Imlach now holds a beneficial interest in 137,911 Ordinary Shares, representing 0.55% of the Company's issued share capital of 25,013,080 Ordinary Shares.

Also today, the Company's Marketing and Sales Director, Murray Smith, sold 10,000 Ordinary Shares in the Company at a price of 612.5 pence per share. Following these transactions, Murray Smith now holds a beneficial interest in 213,814 Ordinary Shares, representing 0.85% of the Company's issued share capital.

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