4 April 2024
Mattioli Woods plc
("Mattioli Woods" or "the Company")
Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated
Mattioli Woods (AIM: MTW.L), the specialist wealth and asset management business, announces that on 3 April 2024 the Company received notification from Link Market Services Limited ("Link") that new Ordinary Shares of 1 pence each ("Ordinary Shares") in the Company had been allotted on behalf of certain PDMRs and persons closely associated with PDMRs of the Company as part of a standing election for the reinvestment of dividends, which were paid 22 March 2024, under The Mattioli Woods plc Share Incentive Plan ("the plan").
The resulting shares held by those PDMRs and persons closely associated with PDMRs is as follows:
| Name | Date of allotment | Number of shares allotted | Allotment price | Total shares held | Percentage of issued share capital held |
| Ian Mattioli and close relatives(1) | 3-April-2024 | 73 | 790p | 3,119,394 | 6.01% |
| Ravi Tara | 3-April-2024 | 33 | 790p | 31,055 | 0.06% |
| Michael Wright | 3-April-2024 | 78 | 790p | 35,232 | 0.07% |
| Iain McKenzie | 3-April-2024 | 31 | 790p | 12,210 | 0.02% |
| Nathan Imlach | 3-April-2024 | 132 | 790p | 123,993 | 0.24% |
| George Houston | 3-April-2024 | 49 | 790p | 11,255 | 0.02% |
(1) of which 27 shares were allotted for Clare Mattioli, wife of Ian Mattioli. Resultant holding also includes shares held by close relative Laura Mattioli, daughter of Ian Mattioli.
The allotment of shares as part of reinvestment of dividends was satisfied by the issuance of 11,288 new Ordinary Shares to the plan on 3 April 2024. Following the issuance of new Ordinary Shares, the Company's capital consisted of 51,949,310 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company at 4 April 2024 is 51,949,310.
In addition, on 4 April 2024, Ian Mattioli, Chief Executive Officer and PDMR, transferred 100,000 Ordinary Shares to his wife, Clare Mattioli, for nil consideration. Ian Mattioli's total interest in Ordinary Shares remains unchanged after the transfer.
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 | 1. Ian Mattioli 2. Clare Mattioli 3. Ravi Tara 4. Michael Wright 5. Iain McKenzie 6. Nathan Imlach 7. George Houston
| |
| 2 | Reason for the notification | ||
| a) | Position/status
| 1. PDMR, Chief Executive Officer 2. Person closely associated with PDMR (Ian Mattioli, Chief Executive Officer) 3. PDMR, Chief Financial Officer 4. PDMR, Deputy Chief Executive Officer 5. PDMR, Chief Operating Officer 6. PDMR, Chief Strategic Adviser 7. PDMR, SMF 16 Compliance Oversight
| |
| 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
| Allotment of shares under employee share plan | |
| c)
| Price(s) and volume(s)
| Price(s)
| Volume(s) |
| 1. 790p 2. 790p 3. 790p 4. 790p 5. 790p 6. 790p 7. 790p
| 1. 46 2. 27 3. 33 4. 78 5. 31 6. 132 7. 49
| ||
| d)
| Aggregated information
- Aggregated volume
- Price
|
396
790p | |
| e)
| Date of the transaction
| 1. 3 April 2024 2. 3 April 2024 3. 3 April 2024 4. 3 April 2024 5. 3 April 2024 6. 3 April 2024 7. 3 April 2024 8. 3 April 2024
| |
| f)
| Place of the transaction
| London Stock Exchange, AIM | |
| 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
| Transfer of Shares to his wife, Clare Mattioli (PCA) | |
| c)
| Price(s) and volume(s)
| Price(s)
| Volume(s) |
| Nil
| 100,000 | ||
| d)
| Aggregated information
- Aggregated volume
- Price
|
Nil
| |
| e)
| Date of the transaction
| 4 April 2024
| |
| f)
| Place of the transaction
| London Stock Exchange, AIM | |
- Ends -
For further information please contact:
| Mattioli Woods plc |
| |
| Ravi Tara, Chief Financial Officer | Tel: +44 (0) 116 240 8700 | |
| | ||
| Canaccord Genuity Limited (Nominated Adviser and Joint Broker) |
| |
| Emma Gabriel | Tel: +44 (0) 20 7523 8000 | |
| Harry Pardoe | ||
| | | |
| Singer Capital Markets (Joint Broker) | | |
| Tom Salvesen Charles Leigh-Pemberton James Moat | Tel: +44 (0) 20 7496 3000 | |
| | | |
| | | |
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