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22 Sep 2022 09:00
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22 September 2022
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Mattioli Woods plc
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("Mattioli Woods" or "the Company")
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Exercise of Options
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Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs")
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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 20 September 2022, 40,000 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 2010 Long Term Incentive Plan ("LTIP") by PDMRs Ian Mattioli and George Houston.
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The transactions by PDMRs were 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 | 160,000 | 20 Sept 2022 | 30,000 | 130,000 |
George Houston | 31,800 | 20 Sept 2022 | 10,000 | 21,800 |
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Following this exercise, the executive directors and PDMRs hold 424,300 unexercised LTIP Nominal Cost Options, of which 50,000 are capable of being exercised.
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As a result of these exercises, the total number of options in issue is 1,000,369, equivalent to 2.0% of the current issued share capital of the Company.
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Ian Mattioli intends to hold the exercised options in full. Their resultant interests in the Company are:
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Director/PDMR | Date of transaction | Number of shares purchased | Purchase price | Total shares held | Percentage of issued share capital |
Ian Mattioli* | 20 Sept 2022 | 30,000 | 1p | 3,040,979 | 5.95% |
George Houston | 20 Sept 2022 | 10,000 | 1p | 13,292 | 0.03% |
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*Ian Mattioli's total interest in Ordinary Shares includes shares held by his spouse and The Ian and Clare Mattioli Charitable Trust under his direction
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The above information is provided by the Company in accordance with its obligations under the FCA's Disclosure and Transparency Rules.Ā
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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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. George Houston Ā Ā | |
2 | Reason for the notification | ||
a) | Position/status Ā | 1. PDMR, Chief Executive Officer 2. PDMR, Group Compliance Officer Ā Ā | |
b) | Initial notification /Amendment Ā | Initial Notification Ā | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) Ā | Name Ā | Mattioli Woods plc | |
b) Ā | LEI Ā | 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 conductedĀ Ā | ||
a) Ā | Description of the financial instrument, type of instrument Ā Identification code Ā | Ordinary Shares of 1 pence each Ā Ā ISIN: GB00B0MT3Y97 Ā | |
b) Ā | Nature of the transaction Ā | Exercise of options | |
c) Ā | Price(s) and volume(s) Ā Ā | Ā Price(s) Ā | Volume(s) |
1. 1p per ordinary share 2. 1p per ordinary share Ā | 1. 30,000 2. 10,000 | ||
d) Ā | Aggregated information Ā - Aggregated volume Ā - Price Ā | Ā Ā N/a (Single transaction) Ā 1. Ā£300.00 2. Ā£100.00 Ā | |
e) Ā | Date of the transaction Ā | 20 September 2022 Ā | |
f) Ā | Place of the transaction Ā | Outside of a trading venue | |
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- Ends -
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For further information please contact:
Mattioli Woods plc | Ā | |
Ravi Tara, Chief Financial Officer | Tel: +44 (0) 116 240 8700 | |
www.mattioliwoods.com | ||
Canaccord Genuity Limited (Nominated Adviser and Joint Broker) | ||
Emma Gabriel Thomas Diehl | Tel: +44 (0) 20 7523 8000 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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