2nd Oct 2023 17:19
Â
02 October 2023
Â
Mattioli Woods plc
Â
("Mattioli Woods" or "the Company")
Â
Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs")
Â
Mattioli Woods (AIM: MTW.L), the specialist wealth and asset management business, announces that on 29 September 2023, Ravi Tara, Chief Financial Officer, bought 15,000 ordinary shares of 1 pence each ("Ordinary Shares") at a price of 580.0 pence per share.
Â
In addition, further to the announcement on 21 September 2023, PDMRs Michael Wright and Ravi Tara have sold a total of 3,642 Ordinary Shares at a price of 580.0 pence per share, to cover the tax charge arising from the exercise of options.
Â
Their resultant interests in Ordinary Shares are as follows:
Â
Name | Date of purchase | Number of Ordinary Shares purchased | Purchase Price | Date of sale | Number of Ordinary Shares sold | Sale price | Resultant total shares held | Percentage of issued share capital held |
Michael Wright | - | - | - | 29 Sept 2023 | 2,427 | 580p | 34,928 | 0.07% |
Ravi Tara | 29 Sept 2023 | 15,000 | 580p | 29 Sept 2023 | 1,215 | 580p | 30,926 | 0.06% |
Â
Â
The above information is provided by the Company in accordance with its obligations under the FCA's Disclosure and Transparency Rules.Â
Â
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Â
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.  Ravi Tara   | |
2 | Reason for the notification | ||
a) | Position/status  | 1.  PDMR, Chief Financial 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) Â | LEI Â | 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  | Acquisition of Shares | |
c) Â | Price(s) and volume(s) Â Â | Â Price(s) Â | Â Â Volume(s) |
1.  580p  | 1.  15,000  | ||
d)  | Aggregated information  - Aggregated volume  - Price  |   N/a (single transaction)  1.  £87,000.00  | |
e)  | Date of the transaction  | 1.  29 September 2023 | |
f)  | Place of the transaction  | London Stock Exchange, AIM |
Â
Â
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | 1.  Michael Wright 2.  Ravi Tara   | |
2 | Reason for the notification | ||
a) | Position/status  | 1.  PDMR, Deputy Chief Executive Officer 2.  PDMR, Chief Financial 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) Â | LEI Â | 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  | Sale of shares | |
c) Â | Price(s) and volume(s) Â Â | Â Price(s) Â | Â Â Volume(s) |
1.  580p per ordinary share 2.  580p per ordinary share  | 1.  2,427 2.  1,215   | ||
d)  | Aggregated information  - Aggregated volume  - Price  |   N/a (Single transaction)  1.  £14,076.60 2.  £7,047.00  | |
e)  | Date of the transaction  | 1.  29 September 2023 2.  29 September 2023  | |
f)  | Place of the transaction  | London Stock Exchange, AIM |
Â
Â
Â
Â
- Ends -
Â
For further information please contact:
Mattioli Woods plc | Â | |
Ravi Tara, Chief Financial Officer | Tel: +44 (0) 116 240 8700 | |
www.mattioliwoods.com | ||
Canaccord Genuity Limited (Nominated Adviser and Joint Broker) | ||
Emma Gabriel | Tel: +44 (0) 20 7523 8000 | |
Harry Pardoe | www.canaccordgenuity.com | |
Singer Capital Markets (Joint Broker) | ||
Justin McKeegan | Tel: +44 (0) 20 7496 3000 | |
Tom Salvesen | www.singercm.com | |
Alaina Wong | ||
Â
Â
Related Shares:
MTW.L