REG - ADVFN PLC - Corporate update

ADVFNAnnouncement

27/01/2025 17:45

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RNS Number : 8411U  ADVFN PLC  27 January 2025

 

For immediate release

27 January 2025

ADVFN PLC

("ADVFN" or the "Company")

Corporate update

 

 

(http://As) As reported in the interim results for the six months ended 31
December 2023, the Company was in the process of issuing proceedings against a
former director (Clem Chambers) and Online Blockchain PLC. The Board of ADVFN
is pleased to announce that all disputes between the parties have now been
settled amicably and with this matter now resolved, the Board looks forward to
renewing its relationship with Clem Chambers and Online Blockchain to all
parties' mutual advantage.

 

 

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

 Duncan Vasey

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

 

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