REG - ADVFN PLC - Corporate Update

ADVFNAnnouncement

03/03/2022 17:30

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RNS Number : 5913D  ADVFN PLC  03 March 2022

3 March 2022
For immediate release
ADVFN PLC

("ADVFN" or the "Company")

Corporate update

 

The Board of ADVFN announces that Clem Chambers has agreed at the request of
the Board to vary his compensation due in respect of his contractual
entitlement on loss of office as announced on 24 February 2022, such that it
has now been settled wholly in cash (the total amount remains unchanged) and
the Settlement Shares will therefore no longer be issued.

 

In the meantime, the Board has now received the initial information requested
for AIM-compliance purposes from the directors proposed by Mr Yair Tauman to
be put up for election and a further announcement will be made in due course.

 

 

Enquiries:

For further information please contact:

 

 ADVFN PLC                                                  +44 (0) 203 8794 460

 Michael Hodges

 Beaumont Cornish Limited (Nominated Adviser)

 www.beaumontcornish.com (http://www.beaumontcornish.com)
 Roland Cornish/Michael Cornish                             +44 (0) 207 628 3396

 

 

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 Clem Chambers, Director.

 

A copy of this announcement is available on the Group's
website: www.ADVFNPLC.com (http://www.ADVFNPLC.com)

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