2nd Apr 2019 14:41
LONDON (Alliance News) - Mattioli Woods PLC on Tuesday said Marion Cowan, wife of Client Operations Director Alan Cowan, sold 4,740 shares in the wealth management firm for 785.0 pence each on Friday last week.
Following the GBP37,209 deal, Cowan and his wife held 58,881 shares or 0.2% of the company's issued capital.
On Thursday last week, Mattoli announced the acquisition of SSAS Solutions UK Ltd for up to GBP4.0 million. Mattioli will pay an initial GBP2.5 million for the Belfast-based firm in roughly equal amounts of shares and cash. The acquisition is expected to be earnings enhancing in the first full year of ownership.
Shares in Mattioli Woods were down 0.3% at 790.00 pence on Tuesday.
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