Mattioli Woods plc : Exercise of Share Options and Director/PDMR shareholdings

Mattioli Woods plc (AIM: MTW.L) announces that on 7 February 2013 the Company issued 488,000 ordinary shares of 1 pence each ("Ordinary Shares") following the exercise of options ("the Options") over Ordinary Shares by the following directors:

The Options were exercised at a price of 132 pence per share pursuant to the Mattioli Woods Pension Consultants Limited Enterprise Management Incentive Share Option Plan.

Application has been made for the admission of the 488,000 new Ordinary Shares referred to above to trading on AIM. It is expected that admission will become effective and that dealings will commence in the new Ordinary Shares on 14 February 2013 ("Admission"). Following Admission, the total issued share capital of the Company with voting rights will be 18,721,751 Ordinary Shares.

Separately, on 7 February 2013:

• Murray Smith sold 187,500 Ordinary Shares at a price of 240 pence per share. Following these transactions, Murray Smith's beneficial interest remains 258,461 Ordinary Shares, representing 1.38% of the Company's increased issued share capital of 18,721,751 Ordinary Shares. 
• Mark Smith sold 187,500 Ordinary Shares at a price of 240 pence per share. Following these transactions, Mark Smith's beneficial interest remains 69,597 Ordinary Shares, representing 0.37% of the Company's issued share capital. 
• Nathan Imlach sold 21,958 Ordinary Shares at a price of 240 pence per share. Also on 7 February 2013, Nathan Imlach's wife, Donna Imlach, sold 53,833 Ordinary Shares at a price of 240 pence per share and Nathan Imlach's personal pension scheme sold 37,209 Ordinary Shares at a price of 240 pence per share. Following these transactions, Nathan Imlach's beneficial interest remains 190,817 Ordinary Shares, representing 1.02% of the Company's issued share capital. 

Also on 7 February 2013, Jim Tennent, Managing Director of the Company's subsidiary Kudos Independent Financial Services Limited, sold 100,000 Ordinary Shares at a price of 240 pence per share. Jim Tennent now holds a beneficial interest in 112,784 Ordinary Shares, representing 0.60% of the Company's issued share capital.

Separately, on 7 February 2013, Bob Woods, the Company's Executive Chairman, sold 200,000 Ordinary Shares at a price of 240 pence per share. Bob Woods now holds a beneficial interest in 3,423,703 Ordinary Shares, representing 18.29% of the Company's issued share capital. Also on 7 February 2013, Ian Mattioli, the Company's Chief Executive, sold 200,000 Ordinary Shares at a price of 240 pence per share. Ian Mattioli now holds a beneficial interest in 3,422,568 Ordinary Shares, representing 18.28% of the Company's issued share capital.

These 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.

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