01525 378 177

Request a Brochure

* required
Send my newsletter by:

Request Your Free Life Organiser

* required
Send my newsletter by:

Sign Up To Our Quarterly Newsletter

* required
Send my newsletter by:

News & Articles

Osborne Morris & Morgan > News and Articles > Family > Executive may transfer half his company holdings to ex-wife

Executive may transfer half his company holdings to ex-wife

Posted on 21 Mar 2016, in Family

Bedfordshire investors may now be aware of the divorce of the executive chairman of the wealth management firm Mattioli Woods, as it has become financial news. Divorce proceedings typically require a division of marital property, including any stocks and other financial investments, and his 15.1 per cent stake in the public company was included in the consent order between the executive and his ex-wife.

The consent order is still to be approved by the family court before it becomes binding. However, the firm explained the terms of the arrangement to the London Stock Exchange in a public statement. Although he has agreed to hand over half of his shares in the company to his ex-wife, it will initially be in the form of an equitable charge, and he will retain full control of the holdings, according to the statement. In July 2019, should his ex-wife agree, he may pay the value of the charge in the form of other assets that may include cash or ordinary shares.

The executive chairman co-founded Mattioli Woods in 1991 and holds in excess of 3 million shares in the company. Following a rise of over 14 per cent over the last 12 months, the shares are trading in the region at 512.2 pence.

A consent order is a document that shows that both parties agree to the way the financial assets have been divided. In order for this document to be legally binding, it will need to be signed by both parties. A solicitor experienced in high-asset divorces may be able to draft such a document after assisting a client with the negotiations of the financial settlement.


How we can help

Since this article has been published we no longer offer Family Law services but we can help you with:


01525 378 177

Lines are open Monday to Friday 9.00am to 5.30pm

Contact us online

We aim to respond within 12 hours of receipt of any email received

Accreditations & Awards

SME Luton Beds Business Award_Winner_2019Awards Night 2019In May of this year, we won the title of ‘Leighton Buzzard Business of the Year 2019’ at the SME Luton & Bedfordshire Business Awards.

We were delighted to receive the ‘Leighton Buzzard Business of the Year’ award for our dedication to providing the highest standards of client care whilst building strong links with the local community, supporting local charities and connecting businesses together.

Lexcel Law Society Accredited Certainty the National Will Register
Law Society Conveyancing Quality Accredited
Clinical Negligence Accredited - The Law Society
Bedfordshire Businesswomen Finalist 2018
riliance excellence in compliance
Bedfordshire Business Enterprise Awards Winner
Top Ranked Chambers UK 2015
Top Ranked Leading Firm - Chambers UK
apil logo
AVMA logo Cyber Essentials logo