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21 Sep 2023 18:26
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21 September 2023
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Mattioli Woods plc
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("Mattioli Woods" or "the Company")
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Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs")
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Mattioli Woods (AIM: MTW.L), the specialist wealth and asset management business, announces that on 18 September 2023, a total of 17,500 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 2021 Long Term Incentive Plan ("LTIP") by Ian Mattioli, Michael Wright and Ravi Tara.
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It is expected that Michael Wright and Ravi Tara will sell shares to cover the tax charge from exercising the options. A further announcement will be made in due course in the event of any share sale by a Director or PDMR.
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The resultant interests in nominal cost options for Ian Mattioli, Michael Wright and Ravi Tara are as follows:
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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 |
Ian Mattioli | 311,428 | 18 Sept 2023 | 10,000 | 301,428 |
Michael Wright | 146,784 | 18 Sept 2023 | 5,000 | 141,784 |
Ravi Tara | 127,609 | 18 Sept 2023 | 2,500 | 125,109 |
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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.
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1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | 1. Ian Mattioli 2. Michael Wright 3. Ravi Tara Β | |
2 | Reason for the notification | ||
a) | Position/status Β | 1. PDMR, Chief Executive Officer 2. PDMR, Deputy Chief Executive Officer 3. PDMR, Chief Financial Officer Β | |
b) | Initial notification /Amendment Β | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) Β | Name Β | Mattioli Woods plc | |
b) Β | LEI Β | 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 conductedΒ Β | ||
a) Β | Description of the financial instrument, type of instrument Β Identification code Β | Options over ordinary shares Β Β ISIN: GB00B0MT3Y97 Β | |
b) Β | Nature of the transaction Β | Exercise of options | |
c) Β | Price(s) and volume(s) Β Β | Β Price(s) Β | Volume(s) |
1. 1p per Ordinary Share 2. 1p per Ordinary Share 3. 1p per Ordinary Share Β | 1. 10,000 2. 5,000 3. 2,500 | ||
d) Β | Aggregated information Β - Aggregated volume Β - Price Β | Β Β N/a (Single transaction) | |
e) Β | Date of the transaction Β | 1. 18 September 2023 2. 18 September 2023 3. 18 September 2023 Β | |
f) Β | Place of the transaction Β | Outside of a trading venue | |
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- Ends -
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For further information please contact:
Mattioli Woods plc | Β | |
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 | |
Harry Pardoe | www.canaccordgenuity.com | |
Singer Capital Markets (Joint Broker) | ||
Justin McKeegan | Tel: +44 (0) 20 7496 3000 | |
Tom Salvesen | www.singercm.com | |
Alaina Wong | ||
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