Last checked at 11 Nov 2022 18:05
11 November 2022
Mattioli Woods plc
("Mattioli Woods" or "the Company")
Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated
As required by Article 19.3 of Regulation (EU) No. 596/2014 on market abuse, Mattioli Woods (AIM: MTW.L), the specialist wealth and asset management business, announces that on 10 November 2022 the Company received notification from Link Market Services Limited ("Link") that Link allocated new Ordinary Shares of 1 pence each ("Ordinary Shares") in the Company on behalf of certain PDMRs and persons closely associated with PDMRs of the Company as part of a standing election for the reinvestment of dividends, which were paid 3 November 2022, under The Mattioli Woods plc Share Incentive Plan ("the plan").
In addition, PDMRs Ian Mattioli, Chief Executive Officer, and Ravi Tara, Chief Financial Officer, bought 36,171 and 2,740 Ordinary Shares respectively.
The resulting shares held by those PDMRs and persons closely associated with PDMRs is as follows:
Name | Date of allocation | Number of shares allocated | Allocation price | Date of purchase | Number of shares purchased | Purchase Price | Total shares held | Percentage of issued share capital held |
Ian Mattioli(1) | 3-Nov-2022 | 152 | 540p | 10-Nov-2022 | 36,171 | 548p | 3,077,874 | 6.01% |
Ravi Tara | 3-Nov-2022 | 70 | 540p | 11-Nov-2022 | 2,740 | 550p | 14,035 | 0.03% |
Michael Wright | 3-Nov-2022 | 191 | 540p | - | - | - | 31,693 | 0.06% |
Iain McKenzie | 3-Nov-2022 | 66 | 540p | - | - | - | 5,055 | 0.01% |
Nathan Imlach | 3-Nov-2022 | 314 | 540p | - | - | - | 122,694 | 0.24% |
Simon Gibson | 3-Nov-2022 | 98 | 540p | - | - | - | 125,561 | 0.25% |
George Houston | 3-Nov-2022 | 92 | 540p | - | - | - | 9,103 | 0.02% |
(1) of which 68 shares allocated to Clare Mattioli, wife of Ian Mattioli.
The allocation of shares as part of reinvestment of dividends was satisfied by the issuance of 26,038 new Ordinary Shares to the plan on 11 November 2022.
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. Ian Mattioli 2. Clare Mattioli 3. Ravi Tara 4. Michael Wright 5. Iain McKenzie 6. Nathan Imlach 7. Simon Gibson 8. George Houston
| |
2 | Reason for the notification | ||
a) | Position/status
| 1. PDMR, Chief Executive Officer 2. Person closely associated with PDMR (Ian Mattioli, Chief Executive Officer) 3. PDMR, Chief Financial Officer 4. PDMR, Group Managing Director 5. PDMR, Chief Operating Officer 6. PDMR, Chief Strategic Adviser 7. PDMR, Chief Investment Officer 8. PDMR, SMF 16 Compliance Oversight
| |
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
| Allocation of shares under employee share plan | |
c)
| Price(s) and volume(s)
| Price(s)
| Volume(s) |
1. 540p 2. 540p 3. 540p 4. 540p 5. 540p 6. 540p 7. 540p 8. 540p
| 1. 84 2. 68 3. 70 4. 191 5. 66 6. 314 7. 98 8. 92
| ||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/a (Single transaction)
1. £453.60 2. £367.20 3. £378 4. £1,031.40 5. £356.40 6. £1,695.60 7. £529.20 8. £496.80
| |
e)
| Date of the transaction
| 1. 3 November 2022 2. 3 November 2022 3. 3 November 2022 4. 3 November 2022 5. 3 November 2022 6. 3 November 2022 7. 3 November 2022 8. 3 November 2022
| |
f)
| Place of the transaction
| London Stock Exchange, AIM | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | 1. Ian Mattioli 2. Ravi Tara
| |
2 | Reason for the notification | ||
a) | Position/status
| 1. PDMR, Chief Executive Officer 2. 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
| Acquisition of Shares | |
c)
| Price(s) and volume(s)
| Price(s)
| Volume(s) |
1. 548p 2. 550p
| 1. 36,171 2. 2,740
| ||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/a (single transaction)
1. £198,217.08 2. £15,070.00
| |
e)
| Date of the transaction
| 1. 10 November 2022 2. 11 November 2022
| |
f)
| Place of the transaction
| London Stock Exchange, AIM | |
- Ends -
For further information please contact:
Mattioli Woods plc |
| |
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 | |
Thomas Diehl | www.canaccordgenuity.com | |
Singer Capital Markets (Joint Broker) | ||
Justin McKeegan | ||
Tom Salvesen Alaina Wong | Tel: +44 (0) 20 7496 3000 www.singercm.com | |