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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mattioli Woods Plc | LSE:MTW | London | Ordinary Share | GB00B0MT3Y97 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.00 | 0.25% | 790.00 | 788.00 | 792.00 | 790.00 | 788.00 | 790.00 | 1,049 | 08:00:27 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Finance Services | 111.18M | 7.65M | 0.1474 | 53.60 | 410.1M |
From May 2021 to May 2024
TIDMMTW
RNS Number : 3125K
Mattioli Woods PLC
01 September 2021
1 September 2021
Mattioli Woods plc
("Mattioli Woods", "the Company" or "the Group")
Ludlow Wealth Management Acquisition Update
Mattioli Woods plc (AIM: MTW.L), the specialist wealth and asset management business, announces it has entered into an amendment agreement to the share purchase agreement (the "SPA") with the sellers of LWMG Topco Limited ("Ludlow Wealth Management") to extend the long stop date in the SPA from 31 August 2021 to 30 September 2021. This extension is to facilitate completion of the acquisition, following receipt of the Financial Conduct Authority's ("FCA") approval of the change of control of LWMG Topco Limited on 31 August 2021, which is required as a condition to the completion of the SPA, as previously announced on 26 May 2021. All other terms remain unchanged.
Terms and definitions used in this announcement shall have the same meaning as ascribed to them in the Company's announcements dated 26 May 2021 regarding the Proposed Acquisitions and Proposed Fundraise unless otherwise stated.
- Ends -
For further information please contact:
Hot Features
Premium
Mattioli Woods plc
Ian Mattioli MBE, Chief Executive Officer
Ravi Tara, Chief Financial Officer Tel: +44 (0) 116 240
Michael Wright, Group Managing Director 8700
www.mattioliwoods.com
Canaccord Genuity Limited (Nominated Advisor
and Joint Broker)
Adam James Tel: +44 (0) 20 7523
8000
Tom Diehl www.canaccordgenuity.com
Singer Capital Markets (Joint Broker)
Justin McKeegan
Tom Salvesen Tel: +44 (0) 20 7496
3000
www.singercm.com
Media enquiries:
Camarco Ed Gascoigne-Pees Tel: +44 (0) 20 3757 4984 Julia Tilley www.camarco.co.uk
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END
MSCUARORAUUWOUR
(END) Dow Jones Newswires
September 01, 2021 02:00 ET (06:00 GMT)
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