At 31 May 2023, the Company's issued capital consisted of 51,652,398 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury.
The above figure of 51,652,398 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
At 31 May 2023, the Company had been notified of the following interests representing 3% or more of its issued share capital:
* Includes shares held by spouse, pension schemes of which the shareholder is a beneficiary, and charitable trusts under the direction of the shareholder
At 31 May 2023, 19.18% of the Company's AIM securities were not in public hands.
Shares not in public hands includes:
- 908,608 ordinary shares of 1 pence each, representing 1.76% of the issued share capital, are held by employees via the Mattioli Woods plc Share Incentive Plan ("the SIP"). The Group intends to actively encourage wider share ownership by its employees through the SIP and other share-based incentive schemes.
- 3,994,280 ordinary shares of 1 pence each, representing 7.73% of the issued share capital, are subject to lock-in agreements.
- 4,675,616 ordinary shares of 1 pence each, representing 9.05% of the issued share capital, represent holdings (in addition to those captured by the above) of the Directors and Persons Discharging Managerial Responsibilities (“PDMRs”) of Mattioli Woods plc, and Directors of its subsidiaries, inclosing those whose directorships ceased within 12 months of the reporting date.