Last checked at 4 Jan 2018 08:12
4 January 2018
Mattioli Woods plc
("Mattioli Woods" or "the Company")
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 management and employee benefits business, announces that on 3 January 2018 certain of its persons discharging managerial responsibilities ("PDMRs") exercised options to subscribe for 5,203 new Ordinary Shares ("Options"). Immediately following the exercise of the Options, Ordinary Shares totalling 13,808 were sold on behalf of PDMRs.
Exercise of Options
On 3 January 2018 Mark Smith (Chief Operating Officer of the Company), who is considered to be a PDMR, exercised 5,203 Options at an option exercise price of 1 pence per share. His total interest in Options following these exercises is:
Name | Total Interest in Nominal Cost Options before exercise | Nominal Cost Options exercised on 3 January 2018 | Total Interest in Nominal Cost Options following exercise |
Mark Smith | 91,067 | 5,203 | 85,864 |
Following the exercise of the Options, on 3 January 2018 Mark Smith and Murray Smith (Group Managing Director of the Company, also considered to be a PDMR) sold 5,203 and 8,605 Ordinary Shares respectively at a price of 760.00 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 |
Mark Smith | 3-Jan-2018 | 5,203 | 1.00p | 5,203 | 760.00p | 5,312 | 0.02% |
Murray Smith | 3-Jan-2018 | - | - | 8,605 | 760.00p | 79,181 | 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 | Mark Smith
| |
2 | Reason for the notification | ||
a) | Position/status
| 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) |
1p per Ordinary Share
| 5,203 | ||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/a (Single transaction) | |
e)
| Date of the transaction
| 3 January 2018
| |
f)
| Place of the transaction
| London Stock Exchange, AIM | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | 1. Murray Smith 2. Mark Smith
| |
2 | Reason for the notification | ||
a) | Position/status
| 1. Executive director and PDMR, Group Managing Director 2. 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. 760.00p per Ordinary Share 2. 760.00p per Ordinary Share
| 1. 8,605 2. 5,203 | ||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/a (Single transaction) | |
e)
| Date of the transaction
| 1. 3 January 2018 2. 3 January 2018
| |
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, Investment Banking | Tel: +44 (0) 20 7523 8000 |
Andrew Buchanan, Corporate Broking | www.canaccordgenuity.com |
Margarita Mitropoulou, Corporate Broking |