REG - ADVFN PLC - Issue of Equity

ADVFNAnnouncement

04/04/2023 07:00

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RNS Number : 2314V  ADVFN PLC  04 April 2023

For immediate release

 4 April 2023

ADVFN plc

("ADVFN" or the ''Company'')

Further equity issue

The Board of ADVFN announces that the Company has today conditionally issued
456 new Ordinary Shares pursuant to the exercise of 456 Open Offer Warrants at
an exercise price of 60 pence per new Ordinary Share. The proceeds from the
exercise amount to £274 and will be used for general working capital.

Application is being made to the London Stock Exchange for 456 new Ordinary
Shares to be admitted to trading on AIM and it is expected that Admission will
become effective and dealings will commence in the new Ordinary Shares at 8.00
a.m. on or around 11 April 2023. The new Ordinary Shares shall rank pari passu
in all respects with all other Ordinary Shares then in issue.

Following Admission, the Company will have 46,005,213 Ordinary Shares in issue
and admitted to trading on AIM.

A copy of this announcement is available on the Company's website,
www.advfnplc.com.

For further information please contact:

 ADVFN plc                                        +44 (0) 203 8794 460

 Amit Tauman (CEO)
 Beaumont Cornish Limited (Nominated Adviser)     +44 (0) 207 628 3396

 Michael Cornish

 Roland Cornish
 Peterhouse Capital Limited (Broker)              +44 (0) 207 469 0930

 Eran Zucker / Lucy Williams / Rose Greensmith

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the
European Union (Withdrawal) Act 2018. The person who arranged for the release
of this announcement on behalf of the Company was Amit Tauman, Director.

 

ENDS

 

 

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