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RNS Number : 1711V ADVFN PLC 08 August 2022
8 August 2022
For immediate release
ADVFN PLC
("ADVFN" or the "Company")
Directorate Changes
The Board of ADVFN announces that, after 22 years of service with the Company,
Michael Hodges is stepping down from his position as a director and Chairman
with immediate effect. Michael Hodges will also resign from his group
directorships other than in respect of the Company's wholly-owned subsidiary,
All IPO Plc, until a suitable replacement has been identified.
Thomas Spiller has stepped down from his position as non-executive director of
the Company, also with immediate effect.
The Board thanks Michael and Tom for their services and wishes them both well
for the future.
Lord Gold, a non-executive director of the Company, will become the
non-executive Chairman of the Company.
In addition to the Board changes, the Company has today cancelled all share
options currently held by directors (including those held by Michael Hodges)
amounting to 1,251,473 options.
Enquiries:
For further information please contact:
ADVFN PLC +44 (0) 203 8794 460
Jonathan 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 Jon Mullins, Director.
A copy of this announcement will be available on the Group's website:
www.advfnplc.com (http://www.advfnplc.com)
ENDS
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