Exercise of Options, Director/PDMR Holding and TVR
Updated : 18:05
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) | |
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
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a) | Name | Clem Chambers | ||||||
2 | Reason for notification
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a) | Position / status | CEO | ||||||
b) | Initial notification /Amendment
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3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a) | Name | ADVFN plc
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b) | LEI | 21380042SDV1E1ZVIY40
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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
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a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 0.2 pence each in ADVFN plc
ISIN GB00BPT24C10
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Nature of the transaction | Exercise and award of options
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Price(s) and volumes(s) | Options exercised:
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d) | Aggregated information | Options exercised:
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e) | Date of the transaction | 05 February 2019
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f) | Place of the transaction | Outside a trading venue |
ENDS
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