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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
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