REG - Mattioli Woods PLC - Purchase of Company shares by EBT

Mattioli WoodsAnnouncement

06/12/2019 12:25

RNS Number : 0798W
Mattioli Woods PLC
06 December 2019
 


 
 
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







 




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