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Regulatory Story
Company ADVFN PLC
TIDM AFN
Headline Exercise of Options, Director/PDMR Holding and TVR
Released 18:04 05-Feb-2019
Number 1751P18

RNS Number : 1751P
ADVFN PLC
05 February 2019
 

For immediate release

05 February 2019

ADVFN PLC

 ("ADVFN" or the "Company")

Exercise and award of Options, TVR and Director / PDMR Shareholding

ADVFN announces that Mr Clem Chambers, CEO, on 5 February 2019 exercised existing options over a total of 40,000 ordinary shares of 0.2p each in the Company ("Ordinary Shares") at a price of £0.275 per Ordinary Share.

 

Accordingly, an application will be made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue and it is expected that Admission will become effective and dealings will commence on or around 12 February 2019.

 

Following Admission, the Company will have 25,703,846 Ordinary Shares in issue and admitted to trading on AIM and Mr Chambers will be interested in 603,198 Ordinary Shares representing 2.3467% of the Company's enlarged issued share capital.  

 

More information on ADVFN can be found at: www.ADVFN.com

 

For further information please contact: 

 

ADVFN PLC

Michael Hodges, Chairman

 

+44 (0) 207 070 0909



Beaumont Cornish Limited (Nominated Adviser)

www.beaumontcornish.com


Roland Cornish/Michael Cornish 

+44 (0) 207 628 3396



The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transaction as described above.  

 

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

 

a)

Name

Clem Chambers

2

Reason for notification

 

a)

Position / status

CEO

b)

Initial notification

/Amendment

 

Initial

3

Details of the issueremission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

ADVFN plc

 

b)

LEI

21380042SDV1E1ZVIY40

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

Description  of  the financial instrument, type of instrument

Identification code

Ordinary shares of 0.2 pence each in ADVFN plc

 

 

ISIN GB00BPT24C10

 


Nature of the transaction

Exercise and award of options

 


Price(s) and volumes(s)

Options exercised:

 

Price(s)

Volumes(s)

£0.275

40,000

d)

Aggregated information

Options exercised:

 

Price(s)

Volumes(s)

£0.275

40,000



e)

Date of the transaction

05 February 2019

 

f)

Place of the transaction

Outside a trading venue

 

ENDS

 


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