REG - ADVFN PLC - Exercise of Options, Director/PDMR Holding and TVR
RNS Number : 1751PADVFN PLC05 February 2019For immediate release
05 February 2019
ADVFN PLC
("ADVFN" or the "Company")
Exercise and award of Options, TVR and Director / PDMR Shareholding
ADVFN announces that Mr Clem Chambers, CEO, on 5 February 2019 exercised existing options over a total of 40,000 ordinary shares of 0.2p each in the Company ("Ordinary Shares") at a price of £0.275 per Ordinary Share.
Accordingly, an application will be made for the new Ordinary Shares to be admitted to trading on AIM ("Admission"). The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue and it is expected that Admission will become effective and dealings will commence on or around 12 February 2019.
Following Admission, the Company will have 25,703,846 Ordinary Shares in issue and admitted to trading on AIM and Mr Chambers will be interested in 603,198 Ordinary Shares representing 2.3467% of the Company's enlarged issued share capital.
More information on ADVFN can be found at: www.ADVFN.com
For further information please contact:
ADVFN PLC
Michael Hodges, Chairman
+44 (0) 207 070 0909
Beaumont Cornish Limited (Nominated Adviser)
Roland Cornish/Michael Cornish
+44 (0) 207 628 3396
The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transaction as described above.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Clem Chambers
2
Reason for notification
a)
Position / status
CEO
b)
Initial notification
/Amendment
Initial
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
Ordinary shares of 0.2 pence each in ADVFN plc
ISIN GB00BPT24C10
Nature of the transaction
Exercise and award of options
Price(s) and volumes(s)
Options exercised:
Price(s)
Volumes(s)
£0.275
40,000
d)
Aggregated information
Options exercised:
Price(s)
Volumes(s)
£0.275
40,000
e)
Date of the transaction
05 February 2019
f)
Place of the transaction
Outside a trading venue
ENDS
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