REG - ADVFN PLC - Issue of options <Origin Href="QuoteRef">AFN.L</Origin>

ADVFNAnnouncement

12/12/2014 16:54

RNS Number : 6996Z
ADVFN PLC
12 December 2014
ADVFN PLC
12 December 2014
ADVFN Plc ("ADVFN" or the "Company")
Issue of options
ADVFN announces that it has today granted share options to its directors under a new 2014 ADVFN plc share option plan. As a result of the new option scheme, options have been granted to the directors as follows:

Director
Number of Options
Michael Hodges
400,000
Clem Chambers
400,000
Jonathan Mullins
200,000
Matthew Collum
200,000
Total
1,200,000
Under the new option plan, the earliest exercise date of the options is the first anniversary following the date of grant. The exercise price is 0.795, which represents the closing mid-market price of a share on 11 December 2014, being the dealing day immediately prior to the date of grant. The options will lapse on the tenth anniversary of the date of grant (or otherwise in accordance with the terms of the new share option plan).
In addition to the options granted today, the directors currently hold the following options as a result of previous grants made under an existing share option plan. The number of existing options (together with their respective exercise prices) have been adjusted in accordance with the share capital reduction as detailed in the circular posted on 4 August 2014 and are detailed below.
Grantdate
Exercise date
Lapse date
Michael Hodges
Clem Chambers
Jonathan Mullins
Total
10 June 2002
10 June 2011
31 Dec 2018
40,000
160,000
20,000
220,000
18 Feb 2003
10 June 2011
31 Dec 2018
40,000
40,000
40,000
120,000
27 Jan 2004
31 Dec 2013
31 Dec 2022
40,000
60,000
40,000
140,000
27 Jan 2005
31 Dec 2013
31 Dec 2022
40,000
60,000
40,000
140,000
6 Sept 2006
31 Dec 2013
31 Dec 2022
60,000
60,000
60,000
180,000
21 Oct 2010
31 Dec 2013
31 Dec 2022
31,473
31,473
-
62,946



251,473
411,473
200,000
862,946
Enquiries
Clem Chambersclemc@advfn.com
Salmaan Khawaja / Ed Thomas 0207 383 5100
Grant Thornton UK LLP (Nominated Adviser)

This information is provided by RNS
The company news service from the London Stock Exchange
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