6 Dec 2019 12:22
6 December 2019
Mattioli Woods plc
("Mattioli Woods" or "the Company")
Market purchase of Company shares
by the Company's Employee Benefit Trust
Mattioli Woods plc (AIM: MTW.L), the specialist wealth management and employee benefits business, confirms that Volaw Corporate Trustee Limited acting as trustee of the Mattioli Woods Employee Benefit Trust ("the Trust"), on 6 December 2019 purchased in the market 6,815 ordinary shares of nominal value of 1 pence each in the capital of the Company ("Ordinary Shares") at an average price of 730.0 pence per share.
The Trust holds Ordinary Shares for the benefit of the Company's employees and, in particular, to satisfy the vesting of awards made under the Company's various employee share incentive plans. As such, the Executive Directors and other participating persons discharging management responsibilities are amongst the potential beneficiaries of the Trust.
Following the above transaction, the Trust holds 58,672 Ordinary Shares for the above purpose, representing 0.22% of the Company's issued share capital with voting rights.
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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 (Nominated Adviser and Joint Broker) | |
Sunil Duggal | Tel: +44 (0) 20 7523 8000 |
David Tyrrell | www.canaccordgenuity.com |
Thomas Diehl | |
N+1 Singer (Joint Broker) | |
Richard Lindley, Corporate Finance | Tel: +44 (0) 20 7496 3000 |
Justin McKeegan, Corporate Finance | www.n1singer.com |
Tom Salvesen, Corporate Broking | |
Mattioli Woods (MTW)