REG - ADVFN PLC - Director/PDMR Shareholding
RNS Number : 7092QADVFN PLC08 June 2018For immediate release
8 June 2018
ADVFN PLC
("ADVFN" or the "Company")
Director / PDMR shareholding
Issue of options
The Company announces that on 7 June 2018, the board of directors of ADVFN agreed to award the following new options to directors of the Company:
Director
Number of options
Exercise Price
Clem Chambers
160,000
43.75p
40,000
31.25p
Jon Mullins
20,000
43.75p
40,000
31.25p
Michael Hodges
40,000
43.75p
40,000
31.25p
The option award to the directors in aggregate represents approximately 1.3% of the current issued share capital of 25,623,846 ordinary shares.
The new options vest in full with effect from 10 June 2018 and must be exercised on or before 12 December 2024.
Accordingly, the Company makes the following announcement notification in accordance with Article 19 of the EU Market Abuse Regulation No. 596/2014:
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Clem Chambers
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
ADVFN plc
b)
LEI
21380042SDV1E1ZVIY40
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
a)
Description of the financial instrument, type of instrument.
Identification code
Options over ordinary shares of 0.2 pence each
GB00BPT24C10
b)
Nature of transaction
Award of options to subscribe for Ordinary Shares
c)
Price(s) and volume(s)
Exercise Price(s)
Volume(s)
43.75 pence
31.25 pence
160,000
40,000
d)
Aggregated information
- Aggregated volume
- Price
See 4(c) above
e)
Date of the transaction
7 June 2018
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Jon Mullins
2
Reason for the notification
a)
Position/status
Technical Director and Chief Financial Officer
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
ADVFN plc
b)
LEI
21380042SDV1E1ZVIY40
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
a)
Description of the financial instrument, type of instrument.
Identification code
Options over ordinary shares of 0.2 pence each
GB00BPT24C10
b)
Nature of transaction
Award of options to subscribe for Ordinary Shares
c)
Price(s) and volume(s)
Exercise Price(s)
Volume(s)
43.75 pence
31.25 pence
20,000
40,000
d)
Aggregated information
- Aggregated volume
- Price
See 4(c) above
e)
Date of the transaction
7 June 2018
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Michael Hodges
2
Reason for the notification
a)
Position/status
Chairman
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
ADVFN plc
b)
LEI
21380042SDV1E1ZVIY40
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
a)
Description of the financial instrument, type of instrument.
Identification code
Options over ordinary shares of 0.2 pence each
GB00BPT24C10
b)
Nature of transaction
Award of options to subscribe for Ordinary Shares
c)
Price(s) and volume(s)
Exercise Price(s)
Volume(s)
43.75 pence
31.25 pence
40,000
40,000
d)
Aggregated information
- Aggregated volume
- Price
See 4(c) above
e)
Date of the transaction
7 June 2018
f)
Place of the transaction
Outside a trading venue
More information on ADVFN can be found at: www.ADVFN.com.
For further information please contact:
ADVFN PLC
Clem Chambers, CEO
+44 (0) 207 070 0909
Beaumont Cornish Limited (Nominated Adviser)
Roland Cornish / Michael Cornish
+44 (0) 207 628 3396
ENDS
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