Mattioli Woods PLC PDMR Shareholding (9501A)

TIDMMTW

RNS Number : 9501A

Mattioli Woods PLC

04 January 2018

4 January 2018

Mattioli Woods plc

("Mattioli Woods" or "the Company")

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

As required by Article 19.3 of Regulation (EU) No. 596/2014 on market abuse, Mattioli Woods (AIM: MTW.L), the specialist wealth management and employee benefits business, announces that on 3 January 2018 certain of its persons discharging managerial responsibilities ("PDMRs") exercised options to subscribe for 5,203 new Ordinary Shares ("Options"). Immediately following the exercise of the Options, Ordinary Shares totalling 13,808 were sold on behalf of PDMRs.

Exercise of Options

On 3 January 2018 Mark Smith (Chief Operating Officer of the Company), who is considered to be a PDMR, exercised 5,203 Options at an option exercise price of 1 pence per share. His total interest in Options following these exercises is:

 
               Total Interest in     Nominal Cost Options      Total Interest in 
              Nominal Cost Options   exercised on 3 January   Nominal Cost Options 
Name            before exercise               2018             following exercise 
-----------  ---------------------  -----------------------  --------------------- 
Mark Smith          91,067                   5,203                  85,864 
 

Following the exercise of the Options, on 3 January 2018 Mark Smith and Murray Smith (Group Managing Director of the Company, also considered to be a PDMR) sold 5,203 and 8,605 Ordinary Shares respectively at a price of 760.00 pence per share. Their resultant interests in the Company are:

 
                                 Number of                                                               Percentage of 
                  Date of         shares                        Number of                 Total shares   issued share 
Name            transaction      purchased    Purchase price   shares sold   Sale price       held          capital 
-------------  --------------  -------------  --------------  -------------  ----------  --------------  ------------- 
Mark Smith       3-Jan-2018        5,203          1.00p           5,203       760.00p        5,312           0.02% 
Murray Smith     3-Jan-2018          -              -             8,605       760.00p        79,181          0.30% 
 

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                       Mark Smith 
----  -------------------------  --------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------ 
 a)    Position/status            PDMR, Chief Operating Officer 
----  -------------------------  --------------------------------- 
 b)    Initial notification       Initial Notification 
        /Amendment 
----  -------------------------  --------------------------------- 
 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             Ordinary Shares of 1 pence 
        the financial              each 
        instrument, type 
        of instrument 
                                   ISIN: GB00B0MT3Y97 
        Identification 
        code 
----  -------------------------  --------------------------------- 
 b)    Nature of the              Exercise of share options 
        transaction 
----  -------------------------  --------------------------------- 
 c)    Price(s) and                Price(s)             Volume(s) 
        volume(s) 
----  -------------------------  -------------------  ------------ 
   1p per Ordinary 
    Share                                             5,203 
  --------------------------------------------------  ------------ 
 d)    Aggregated information 
 
        - Aggregated                N/a (Single transaction) 
        volume 
 
        - Price 
----  -------------------------  --------------------------------- 
 e)    Date of the transaction    3 January 2018 
----  -------------------------  --------------------------------- 
 f)    Place of the               London Stock Exchange, AIM 
        transaction 
----  -------------------------  --------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  -------------------------------------------------------------- 
 a)   Name                      1. Murray Smith 
                                 2. Mark Smith 
---  ------------------------  ------------------------------------ 
 2    Reason for the notification 
---  -------------------------------------------------------------- 
 a)   Position/status           1. Executive director and PDMR, 
                                 Group Managing Director 
                                 2. PDMR, Chief Operating Officer 
---  ------------------------  ------------------------------------ 
 b)   Initial notification      Initial Notification 
       /Amendment 
---  ------------------------  ------------------------------------ 
 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            Ordinary Shares of 1 pence 
       the financial             each 
       instrument, type 
       of instrument 
                                 ISIN: GB00B0MT3Y97 
       Identification 
       code 
---  ------------------------  ------------------------------------ 
 b)   Nature of the             Sale of ordinary shares 
       transaction 
---  ------------------------  ------------------------------------ 
 c)   Price(s) and               Price(s)               Volume(s) 
       volume(s) 
---  ------------------------  ---------------------  ------------- 
                                1. 760.00p per         1. 8,605 
                                 Ordinary Share 
                                 2. 760.00p per         2. 5,203 
                                  Ordinary Share 
---  ------------------------  ---------------------  ------------- 
 d)   Aggregated information 
 
       - Aggregated               N/a (Single transaction) 
       volume 
 
       - Price 
---  ------------------------  ------------------------------------ 
 e)   Date of the transaction   1. 3 January 2018 
                                 2. 3 January 2018 
---  ------------------------  ------------------------------------ 
 f)   Place of the              London Stock Exchange, AIM 
       transaction 
---  ------------------------  ------------------------------------ 
 

- Ends -

For further information please contact:

 
 Mattioli Woods plc 
 Nathan Imlach, Chief Financial     Tel: [phone] 
  Officer                                           8700 
                                  www.mattioli-woods.com 
 
 
 Canaccord Genuity Limited 
 Sunil Duggal, Investment         Tel: [phone] 
  Banking                                         8000 
 Andrew Buchanan, Corporate   www.canaccordgenuity.com 
  Broking 
 Margarita Mitropoulou, 
  Corporate Broking 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 04, 2018 03:12 ET (08:12 GMT)