Last checked at 10 Jun 2024 18:26
10 June 2024
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 and asset management business, announces that on 7 June 2024 the Company received notification from Link Market Services Limited ("Link") that Link allocated 456 new Ordinary Shares of 1 pence each ("Ordinary Shares") in the Company with an allocation price of 790p on behalf of Ian Mattioli, Chief Executive Officer and PDMR as part of a standing annual contribution instruction, under The Mattioli Woods plc Share Incentive Plan.
In addition, Ian Mattioli transferred 62,392 Ordinary Shares of 1p each in the Company ("Ordinary Shares") to his wife Clare Mattioli for nil consideration.
His total interest in Ordinary Shares following these two transactions increases to 3,114,529, which includes shares held Persons Closely Associated with Ian Mattioli as defined by the UK Market Abuse Regulation. As defined by The Takeover Code, Ian Mattioli has an interest in 3,120,037 Ordinary Shares, including those held by close relatives, related trusts and connected persons. (These figures supersede those announced on 10 May 2024 which understated Ian Mattioli's interest by 5,000 Ordinary Shares due to an administrative error).
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 | Ian Mattioli
| |
2 | Reason for the notification | ||
a) | Position/status
| PDMR, Chief Executive 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
| 1. Transfer of Shares to Clare Mattioli (spouse) 2. Acquisition of Shares
| |
c)
| Price(s) and volume(s)
| Price(s) | Volume(s) |
1. Nil 2. 790p
| 1. 62,392 2. 456 | ||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/a
| |
e)
| Date of the transaction
| 7 June 2024
| |
f)
| Place of the transaction
| Outside 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 | Tel: +44 (0) 20 7523 8000 | |
Harry Pardoe | www.canaccordgenuity.com | |
Singer Capital Markets (Joint Broker) | ||
Tom Salvesen Charles Leigh-Pemberton James Moat | Tel: +44 (0) 20 7496 3000 www.singercm.com | |