Last checked at 16 Jun 2021 13:15
16 June 2021
Mattioli Woods plc
("Mattioli Woods", "the Company" or "the Group")
Result of General Meeting
Mattioli Woods plc (AIM: MTW.L), the specialist wealth and asset management business, is pleased to announce that at the General Meeting held earlier today, all Resolutions put to shareholders (which were contained in the Circular and Notice of General Meeting dated 27 May 2021) were duly passed. Accordingly, the Conditional Placing, the Broker Option and the PrimaryBid Offer are expected to complete, conditional on admission, at 8.00 a.m. on 17 June 2021.
The votes received from shareholders on the Resolutions were as follows:
For | Against | Withheld | Total votes cast
| |||||
Resolution | Ordinary / Special | No. of votes | % | No. of votes | % | No. of votes | No. of votes | % ISC |
1. To authorise the directors to allot shares | Ordinary | 24,377,253 | 99.99 | 291 | 0.01 | 27 | 24,377,544 | 78.48 |
2. To disapply statutory pre-emption rights | Special | 24,377,253 | 99.99 | 291 | 0.01 | 27 | 24,377,544 | 78.48 |
Please note a "vote withheld" is not a vote under English law and is not counted in the calculation of votes "for" and "against" a resolution or the total number of votes cast.
The full text of the Resolutions is contained in the notice of general meeting set out in the Circular, a copy of which is available on the Company's website at https://mattioliwoods.com/aim-rules.
Admission of New Ordinary Shares
Application has been made to the London Stock Exchange for the admission of 14,168,897 new Ordinary Shares (which comprises the 13,757,512 Conditional Placing Shares, the 303,030 Broker Option Shares and the 108,355 PrimaryBid Offer Shares) to trading on AIM ("Second Admission"). It is anticipated that Second Admission will be effective and that dealings will commence in the 14,168,897 new Ordinary Shares at 8.00 a.m. on 17 June 2021.
The new Ordinary Shares to be issued in connection with the Conditional Placing, the Broker Option and the PrimaryBid Offer will, when issued, rank pari passu with the existing Ordinary Shares, including the right to receive future dividends.
Total Voting Rights
Following Second Admission, the total number of Ordinary Shares in the Company with voting rights is expected to be 45,230,172. Mattioli Woods does not hold any Ordinary Shares in Treasury.
The above figure may be used by shareholders in the Company, 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, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Terms and definitions used in this announcement shall have the same meaning as ascribed to them in the Company's announcements dated 26 May 2021 regarding the Proposed Acquisitions and Proposed Fundraise unless otherwise stated.
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For further information please contact:
Mattioli Woods plc | ||
Ian Mattioli MBE, Chief Executive Officer | ||
Ravi Tara, Chief Financial Officer Michael Wright, Group Managing Director | Tel: +44 (0) 116 240 8700 www.mattioliwoods.com | |
Canaccord Genuity Limited (Nominated Advisor, Joint Bookrunner and Joint Broker) | ||
Emma Gabriel | ||
Sam Lucas | Tel: +44 (0) 20 7523 8000 | |
Tom Diehl | www.canaccordgenuity.com | |
N+1 Singer (Joint Bookrunner and Joint Broker) | ||
Justin McKeegan | ||
Tom Salvesen | Tel: +44 (0) 20 7496 3000 | |
Iqra Amin | www.n1singer.com | |
Media enquiries:
Camarco | |
Ed Gascoigne-Pees | Tel: +44 (0) 20 3757 4984 |
Julia Tilley | www.camarco.co.uk |