23rd Oct 2009 14:00
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Press Release |
23 October 2009 |
Mattioli Woods plc
(or "Mattioli Woods" or "the Company")
Director/PDMR shareholding
The directors of Mattioli Woods plc (AIM: MTW.L) announce that on 22 October 2009, Ian Mattioli, the Company's Chief Executive, sold 500,000 Ordinary Shares of 1 pence each ("Ordinary Shares") in the Company, at a price of 238 pence per share. Ian Mattioli now holds a beneficial interest in 3,623,703 Ordinary Shares, representing 20.93% of the Company's issued share capital. Clare Mattioli's beneficial interest in 2,222 Ordinary Shares, representing 0.01% of the Company's issued share capital, remains as previously notified. Ian Mattioli and Clare Mattioli now hold in aggregate a beneficial interest in 3,625,925 Ordinary Shares, representing 20.94% of the Company's issued share capital.
Separately, on 22 October 2009, Bob Woods, the Company's Executive Chairman, sold 500,000 Ordinary Shares in the Company, at a price of 238 pence per share. Bob Woods now holds a beneficial interest in 3,623,703 Ordinary Shares, representing 20.93% of the Company's issued share capital. Sally Woods' beneficial interest in 407 Ordinary Shares, representing 0.002% of the Company's issued share capital, remains as previously notified. Bob Woods and Sally Woods now hold in aggregate a beneficial interest in 3,624,110 Ordinary Shares, representing 20.93% of the Company's issued share capital.
The shares were placed in response to market demand, increasing the Company's free float. Bob Woods and Ian Mattioli have agreed not to dispose of any further shares at any time prior to publication of the Company's next annual results without the prior consent of the Company's broker.
- Ends -
For further information please contact:
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Mattioli Woods plc |
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Nathan Imlach, Finance Director |
Tel: +44 (0) 116 240 8700 |
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www.mattioli-woods.com |
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Evolution Securities Limited |
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Joanne Lake, Corporate Finance |
Tel: +44 (0) 113 243 1619 |
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www.evosecurities.com |
Related Shares:
MTW.L