Picture of Mattioli Woods logo

MTW — Mattioli Woods News Story

0.000.00%
gb flag iconLast trade - 00:00
FinancialsBalancedMid CapHigh Flyer

Director/PDMR Shareholding

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230921:nRSU2835Na&default-theme=true

RNS Number : 2835N  Mattioli Woods PLC  21 September 2023

 

21 September 2023

 

Mattioli Woods plc

 

("Mattioli Woods" or "the Company")

 

Notification of Transactions of Persons Discharging Managerial
Responsibilities ("PDMRs")

 

Mattioli Woods (AIM: MTW.L), the specialist wealth and asset management
business, announces that on 18 September 2023, a total of 17,500 options with
an exercise price of 1 pence ("Nominal Cost Options") were exercised into
ordinary shares of 1 pence each in the Company ("Ordinary Shares") under the
Mattioli Woods 2021 Long Term Incentive Plan ("LTIP") by Ian Mattioli, Michael
Wright and Ravi Tara.

 

It is expected that Michael Wright and Ravi Tara will sell shares to cover the
tax charge from exercising the options. A further announcement will be made in
due course in the event of any share sale by a Director or PDMR.

 

The resultant interests in nominal cost options for Ian Mattioli, Michael
Wright and Ravi Tara are as follows:

 

 Director/PDMR   Interest in Nominal Cost Options prior to the option exercises  Date of option exercise  Nominal Cost Options exercised  Interest in Nominal Cost Options following the option exercises
 Ian Mattioli    311,428                                                         18 Sept 2023             10,000                          301,428
 Michael Wright  146,784                                                         18 Sept 2023             5,000                           141,784
 Ravi Tara       127,609                                                         18 Sept 2023             2,500                           125,109

 

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.   Ian Mattioli

                                                                   2.   Michael Wright

                                                                   3.   Ravi Tara

 2    Reason for the notification
 a)   Position/status                                              1.   PDMR, Chief Executive Officer

                                                                   2.   PDMR, Deputy Chief Executive Officer

                                                                   3.   PDMR, Chief Financial 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  Options over ordinary shares

      Identification code

                                                                   ISIN: GB00B0MT3Y97

 b)   Nature of the transaction                                    Exercise of options

 c)   Price(s) and volume(s)                                        Price(s)                      Volume(s)

      1.   1p per Ordinary Share                                                               1.   10,000

      2.   1p per Ordinary Share                                                               2.   5,000

      3.   1p per Ordinary Share                                                               3.   2,500

 d)   Aggregated information

      - Aggregated volume                                          N/a (Single transaction)

      - Price

 e)   Date of the transaction                                      1.   18 September 2023

                                                                   2.   18 September 2023

                                                                   3.   18 September 2023

 f)   Place of the transaction                                     Outside of 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 (http://www.mattioliwoods.com)
 Canaccord Genuity Limited (Nominated Adviser and Joint Broker)
 Emma Gabriel                           Tel: +44 (0) 20 7523 8000
 Harry Pardoe                           www.canaccordgenuity.com (http://www.canaccordgenuity.com)

 Singer Capital Markets (Joint Broker)
 Justin McKeegan                        Tel: +44 (0) 20 7496 3000
 Tom Salvesen                           www.singercm.com (http://www.singercm.com/)
 Alaina Wong

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFLFFDASILFIV

Recent news on Mattioli Woods

See all news