Last checked at 8 Feb 2019 18:10
8 February 2019
Mattioli Woods plc
("Mattioli Woods" or "the Company")
Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated
Mattioli Woods (AIM: MTW.L), the specialist wealth management and employee benefits business, announces that on 7 and 8 February 2019 certain of its persons discharging managerial responsibilities ("PDMRs") exercised options to subscribe for 140,406 new Ordinary Shares ("Options") of 1p each in the Company ("Ordinary Shares") at an option exercise price of 1 pence per share. Immediately following the exercise of the Options, Ordinary Shares totalling 68,570 were sold on behalf of PDMRs.
Exercise of Options and Sale of Shares
Ian Mattioli (Chief Executive Officer of the Company), Nathan Imlach (Chief Financial Officer of the Company) and Murray Smith (Group Managing Director of the Company), who are considered to be PDMRs, exercised 140,406 Options at an option exercise price of 1 pence per share. Their total interest in Options following these exercises is:
Name | Total Interest in Nominal Cost Options before exercise | Date of Option exercise | Nominal Cost Options exercised | Total Interest in Nominal Cost Options following exercise |
Ian Mattioli | 271,852 | 7-Feb-2019 | 71,836 | 200,016 |
Nathan Imlach | 131,167 | 8-Feb-2019 | 37,224 | 93,943 |
Murray Smith | 117,464 | 8-Feb-2019 | 31,346 | 86,118 |
Following the exercise of the Options, on 8 February 2019 Nathan Imlach and Murray Smith sold 37,224 and 31,346 Ordinary Shares respectively at a price of 735 pence per share. Their resultant interests in the Company are:
Name | Date of transaction | Number of shares purchased | Purchase price | Number of shares sold | Sale price | Total shares held | Percentage of issued share capital |
Ian Mattioli | 7-Feb-2019 | 71,836 | 1p | - | - | 3,371,131 | 12.71% |
Nathan Imlach | 8-Feb-2019 | 37,224 | 1p | 37,224 | 735p | 112,159 | 0.42% |
Murray Smith | 8-Feb-2019 | 31,346 | 1p | 31,346 | 735p | 79,393 | 0.30% |
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. Nathan Imlach 3. Murray Smith
| |
2 | Reason for the notification | ||
a) | Position/status
| 1. PDMR, Chief Executive Officer 2. PDMR, Chief Financial Officer 3. PDMR, Group Managing 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
| Exercise of share 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. 71,836 2. 37,224 3. 31,346
| ||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/a (Single transaction) | |
e)
| Date of the transaction
| 1. 7 February 2019 2. 8 February 2019 3. 8 February 2019
| |
f)
| Place of the transaction
| Outside a trading venue | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | 1. Nathan Imlach 2. Murray Smith
| |
2 | Reason for the notification | ||
a) | Position/status
| 1. PDMR, Chief Financial Officer 2. PDMR, Group Managing 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
| Sale of ordinary shares | |
c)
| Price(s) and volume(s)
| Price(s)
| Volume(s) |
1. 735p per Ordinary Share 2. 735p per Ordinary Share | 1. 37,224 2. 31,346
| ||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/a (Single transaction) | |
e)
| Date of the transaction
| 1. 8 February 2019 2. 8 February 2019
| |
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 |
www.mattioli-woods.com |
Canaccord Genuity Limited | |
Sunil Duggal | Tel: +44 (0) 20 7523 8000 |
David Tyrrell | www.canaccordgenuity.com |
Emma Gabriel |