Apex Fundrock Limited Discloses Position in Mattioli Woods PLC

Apex Fundrock Limited has made a public opening position disclosure concerning its interests in Mattioli Woods PLC, adhering to the requirements of Rule 8.3 of the Takeover Code. The disclosure, dated 28 March 2024, highlights Chelverton Asset Management as the full name of the discloser, with Bayerninvest WG Bifonds, Chelverton UK Equity Growth, Chelverton UK Equity Income, and The Investment Company Plc being identified as the owners or controllers of the disclosed interests and short positions.

Mattioli Woods PLC, known by its ISIN GB00B0MT3Y97, is the company in relation to which these securities relate. The disclosure indicates that as of the date mentioned, Chelverton Asset Management holds a total interest in 1,406,000 ordinary shares of Mattioli Woods PLC, representing 2.71% of the company’s issued share capital. This position reflects only interests, with no short positions reported.

In addition, the document details recent dealings involving the sale of securities in Mattioli Woods PLC. Specifically, transactions were conducted involving both The Investment Company PLC and Chelverton UK Equity Income Fund, with a total of 500,000 securities sold at a price of 7.92 per unit. No other forms of dealing, such as cash-settled derivatives or stock-settled derivative transactions, were reported.

Apex Fundrock Limited confirmed that there are no indemnity or dealing arrangements, no agreements, arrangements or understandings relating to options or derivatives connected to the voting rights of any relevant securities of Mattioli Woods PLC, signifying a straightforward investment interest.