Last checked at 1 Nov 2017 07:00
1 November 2017
Mattioli Woods plc
("Mattioli Woods" or "the Company")
Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs") and Total Voting Rights
As required by Article 19.3 of Regulation (EU) No. 596/2014 on market abuse, Mattioli Woods (AIM: MTW.L), the specialist wealth management and employee benefits business, announces that options to subscribe for 61,816 new ordinary shares of 1p each in the Company ("Ordinary Shares" and the "Options") have been exercised by certain of its persons discharging managerial responsibilities ("PDMRs") and employees. Immediately following the exercise of share options by those PDMRs, the Ordinary Shares received upon exercise have been sold.
Exercise of options and sale of Ordinary Shares received upon exercise
Nathan Imlach (Chief Financial Officer of the Company), Murray Smith (Group Managing Director of the Company) and Mark Smith (Chief Operating Officer of the Company), who are each considered to be PMDRs, have exercised 18,872, 16,282 and 13,876 Options respectively at an option exercise cost of 1 pence per share. Their total interest in Options following these exercises being:
Name | Total Interest in Nominal Cost Options Before Exercise | Nominal Cost Options Exercised on 31 October 2017 | Total Interest in Nominal Cost Options following Exercise |
Nathan Imlach | 149,143 | 18,872 | 130,271 |
Murray Smith | 130,053 | 16,282 | 113,771 |
Mark Smith | 120,554 | 13,876 | 106,678 |
Following the exercise of Options, Nathan Imlach, Murray Smith and Mark Smith sold the ordinary shares acquired at a price of 823.68 pence per share. Their resultant interests in the Company are:
Name | Date of sale | Number of shares purchased | Purchase price | Number of shares sold | Sale price | Total shares held | Percentage of issued share capital |
Nathan Imlach | 31-Oct-2017 | 18,872 | 1.00p | 18,872 | 823.68p | 104,910 | 0.40% |
Murray Smith | 31-Oct-2017 | 16,282 | 1.00p | 16,282 | 823.68p | 89,181 | 0.34% |
Mark Smith | 31-Oct-2017 | 13,876 | 1.00p | 13,876 | 823.68p | 5,312 | 0.02% |
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. Nathan Imlach 2. Murray Smith 3. Mark Smith
| |
2 | Reason for the notification | ||
a) | Position/status
| 1. Executive director and PDMR, Chief Financial Officer 2. Executive director and PDMR, Group Managing Director 3. PDMR, Chief Operating 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 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. 18,872 2. 16,282 3. 13,876 | ||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/a (Single transaction) | |
e)
| Date of the transaction
| 1. 31 October 2017 2. 31 October 2017 3. 31 October 2017
| |
f)
| Place of the transaction
| London Stock Exchange, AIM | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | 1. Nathan Imlach 2. Murray Smith 3. Mark Smith
| |
2 | Reason for the notification | ||
a) | Position/status
| 1. Executive director and PDMR, Chief Financial Officer 2. Executive director and PDMR, Group Managing Director 3. PDMR, Chief Operating 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
| Sale of ordinary shares | |
c)
| Price(s) and volume(s)
| Price(s)
| Volume(s) |
1. 823.68p per Ordinary share 2. 823.68p per Ordinary share 3. 823.68p per Ordinary share
| 1. 18,872 2. 16,282 3. 13,876 | ||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/a (Single transaction) | |
e)
| Date of the transaction
| 1. 31 October 2017 2. 31 October 2017 3. 31 October 2017
| |
f)
| Place of the transaction
| London Stock Exchange, AIM | |
Total Voting Rights
Following the issue of the 61,816 new Ordinary Shares the Company announces that at 31 October 2017 the Company's capital consists of 25,948,375 ordinary shares with voting rights. The Company does not hold any ordinary shares in treasury. Therefore, the total number of voting rights in the Company at 31 October 2017 is 25,948,375.
The above figure of 25,948,375 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Mattioli Woods under the FCA's Disclosure Guidance and Transparency Rules.
- 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, Investment Banking | Tel: +44 (0) 20 7523 8000 |
Andrew Buchanan, Corporate Broking | www.canaccordgenuity.com |
Margarita Mitropoulou, Corporate Broking |