24th Sep 2014 12:39
| 24 September 2014 |
Mattioli Woods plc
("Mattioli Woods" or "the Company")
Director/PDMR shareholding
Mattioli Woods plc (AIM: MTW.L), the specialist wealth management and employee benefits business, announces that on 24 September 2014, 181,407 Ordinary Shares of 1 penny each ("Ordinary Shares") in the Company were issued to the former shareholders of Thoroughbred Wealth Management Limited ("TWM") and its subsidiary Atkinson Bolton Limited ("ABC") (together "Atkinson Bolton") ("the Sellers") as deferred consideration payable in respect of the Company's acquisition of Atkinson Bolton on 29 July 2013 ("Completion").
Following the issue the Sellers' interests are as follows:
Seller | Number of Ordinary Shares issued to the Seller at a price of 441 pence per share | Total number of Ordinary Shares now held by the Seller | Percentage of the Company's issued share capital |
James Bolton (Director of TWM and ABC)
|
90,703 |
503,555 |
2.49% |
David Thurlow (Director of TWM and ABC)
| 45,352 | 282,211 | 1.40%
|
Simon Gibson (Director of TWM and ABC) | 45,352
| 180,531 | 0.89%
|
Application for admission to AIM of these 181,407 new Ordinary Shares ("Admission") has therefore been made and it is anticipated that such Admission will occur on 30 September at 7.00 a.m. The Sellers have entered into a lock-in deed with Mattioli Woods and its nominated adviser and broker, Canaccord Genuity Limited, restricting sales of the new shares during the three years following Completion.
The total number of shares in issue, following Admission, will be 20,216,373.
-Ends-
For further information please contact:
Mattioli Woods plc | |
Nathan Imlach, Finance Director | Tel: +44 (0) 116 240 8700 |
www.mattioli-woods.com |
Canaccord Genuity Limited | |
Martin Green | Tel: +44 (0) 20 7523 8350 |
Bruce Garrow | www.canaccordgenuity.com |
Related Shares:
MTW.L