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REG - ADVFN PLC - Corporate Update

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RNS Number : 2042G  ADVFN PLC  28 March 2022

28 March 2022
For immediate release
ADVFN PLC

("ADVFN" or the "Company")

Corporate Update

 

Further to the announcement made by the Company on 9 March 2022, the Board of
ADVFN announces that publication of the circular to shareholders containing a
notice of general meeting of ADVFN pursuant to the requisition by Mr Yair
Tauman  under Section 303 of the Companies Act 2006, has been delayed.

 

The Company is investigating whether relevant parties have complied with
obligations imposed on controlling shareholders pursuant to Part XII of the
Financial Services and Markets Act 2000 so that the Company can ensure
compliance with its related obligations under the rules of the Financial
Conduct Authority. In the meantime, the Company's nominated adviser has
completed its review of the information to be published in accordance with
Schedule Two (g) of the AIM Rules for Companies in respect of the proposed
directors.

 

A further update will be provided as soon as possible.

 

Enquiries:

 

For further information please contact:

 ADVFN PLC                                                  +44 (0) 203 8794 460

 Jon Mullins
 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 Michael Hodges, Director.

 

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

 

ENDS

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