Last checked at 22 Sep 2022 09:00
22 September 2022
Mattioli Woods plc
("Mattioli Woods" or "the Company")
Exercise of Options
Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs")
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.
The transactions by PDMRs were as follows:
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 |
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.
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.
Ian Mattioli intends to hold the exercised options in full. Their resultant interests in the Company are:
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% |
*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
The above information is provided by the Company in accordance with its obligations under the FCA's Disclosure and Transparency Rules.
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. George Houston
| |
2 | Reason for the notification | ||
a) | Position/status
| 1. PDMR, Chief Executive Officer 2. PDMR, Group Compliance 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
| Exercise of options | |
c)
| Price(s) and volume(s)
| Price(s)
| Volume(s) |
1. 1p per ordinary share 2. 1p per ordinary share
| 1. 30,000 2. 10,000 | ||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/a (Single transaction)
1. £300.00 2. £100.00
| |
e)
| Date of the transaction
| 20 September 2022
| |
f)
| Place of the transaction
| Outside of a trading venue | |
- 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 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 | ||