REG - ADVFN PLC - Result of Meeting

ADVFNAnnouncement

29/04/2022 14:15

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RNS Number : 9156J  ADVFN PLC  29 April 2022

29 April 2022
For immediate release
ADVFN PLC

("ADVFN" or the "Company")

Notice of General Meeting

 

The Board of ADVFN announces that at the General Meeting of the Company held
today at 11.30am, all resolutions were passed on a poll. The total number of
votes received on each resolution were as follows:

 

    Resolution                                                 For         % of votes cast  Against    % of votes cast  Votes cast as a % of issued share capital  Withheld
 1  Anthony Wollenberg is appointed a director of the Company  15,043,663  71.73%           5,930,118  28.27%           79.70%                                     329
 2  Amit Tauman is appointed a director of the Company         14,540,908  69.32%           6,432,873  30.67%           79.70%                                     329
 3  Lord David Gold is appointed a director of the Company     14,540,908  69.32%           6,432,873  30.67%           79.70%                                     329

 

Notes:

1.     Any proxy appointments which gave discretion to the Chairman have
been included in the "against" total.

2.     The Company's issued share capital (excluding treasury shares) at
the date of the meeting was 26,315,319 ordinary shares of 0.2p each. Each
ordinary share carries the right to one vote and, therefore, at the date of
the meeting there were 26,315,319 voting rights in the Company.

3.     A vote "withheld" is not a vote in law and is not counted in the
calculation of the proportion of the votes "for" and "against" a resolution.

4.     All percentages are shown to two decimal places.

 

Anthony Wollenberg, Amit Tauman and Lord David Gold have therefore been
appointed as directors of the Company with immediate effect and the
information required to be published in accordance with Schedule Two (g) of
the AIM Rules for Companies is set out in the Appendix to this announcement.

 

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

Beaumont Cornish Limited, which is authorised and regulated in the United
Kingdom by the Financial Conduct Authority, is acting as nominated adviser to
the Company in relation to the matters referred to in this announcement and
its responsibilities as the Company's nominated adviser under the AIM Rules
for Nominated Advisers are owed solely to London Stock Exchange plc and are
not owed to the Company or to any Director or to any other person.
Furthermore, Beaumont Cornish Limited is acting exclusively for the Company
and for no one else in relation to the matters described in this announcement
and is not advising any other person and accordingly will not be responsible
to anyone other than the Company for providing the protections afforded to
clients of Beaumont Cornish Limited, or for providing advice in relation to
the contents of this document or any matter referred to in it.

 

A copy of this announcement will be available on the Group's website:

 www.advfnplc.com (http://www.advfnplc.com)

 

APPENDIX

INFORMATION ON THE NEW DIRECTORS

 

Mr Anthony Wollenberg

Anthony Wollenberg is an independent freelance solicitor (regulated by the
SRA) specialising in securities, derivatives, gaming and the prosecution of
fraud. During a long and distinguished legal career of over 45 years, Mr
Wollenberg has held a number of senior roles at firms including Dentons,
Salans and Rakisons (which he founded and which merged with Steptoe &
Johnson). He has also acted as an arbitrator at the London Court of
International Arbitration. In addition to his role as a solicitor, Mr
Wollenberg has a significant corporate profile as a shareholder and director
(and often founder and chairman) of a number of companies (one fully listed),
predominantly within the betting/gaming industry. Of particular note, he is a
founder shareholder and UK director of eToro, a major investment platform
which is currently the subject of a US$8bn+ Nasdaq listing. eToro is regulated
by the FCA and Mr Wollenberg is also regulated by the UK Gambling Commission.

 

Mr Amit Tauman

Amit Tauman (born in 1991) is an expert in artificial intelligence,
reinforcement learning, algorithms and blockchain technology (applied to
non-fungible tokens). He undertook a B.Sc. degree in mathematics and economics
at Tel Aviv University, graduating in 2018 with distinction, following which
he obtained an M.Sc. degree in mathematics and computer science (also with
distinction) from the Weizmann Institute of Technology in Israel, with a
particular emphasis on artificial intelligence. Mr Tauman was previously a
research analyst focusing on biological computation and machine learning, and
he is currently involved in building complex trading models using deep
reinforcement learning and cutting-edge algorithms for automated stock
trading.

 

Lord David Gold

Lord Gold is an English solicitor (admitted in 1975); a member of the House of
Lords (since February 2011); Principal of David Gold & Associates
(established in 2010) and Director of Gold Collins Associates (established in
2018); Chairman of the investment committee of Balance Legal Capital, a
litigation funder (since its inception in 2015); and Chairman of ESCP Europe
Business School (since 2018).  He was also appointed as a corporate monitor
by the US Department of Justice in respect of BAE Systems in 2010-2012, and
has been a monitor for the UK Cabinet Office in respect of the Airbus Group
since 2020.

 

As required under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for
Companies, further disclosures on the proposed directors are as follows.

 

1.            Mr. Wollenberg

1.1          Anthony (Tony) Stephen Wollenberg, aged 72, has held the
following directorships and/or partnerships in the past five years:

 

 Current directorships and/or partnerships     Past directorships and/or partnerships
 eToro (UK) Limited                            Century Casino Bath Limited
 Global Gaming Ventures (Bath) Limited         City & Eastern Limited
 Global Gaming Ventures (Group) Limited        DDL167 Limited
 Global Gaming Ventures (Southampton) Limited  Global Gaming Ventures Guarantors Limited
 Livia's Health Foods Limited                  Global Gaming Ventures (RP) Limited
 Wondrous Holdings Limited                     VGCH Limited
                                               VGC Leeds Limited
                                               VGC Developments Limited

 

1.2          Mr. Wollenberg holds no ordinary shares in the
Company.

 

1.3          Mr. Wollenberg was formerly a director of VGCH Limited,
previously known as Global Gaming Ventures (Holdings) Limited, between
November 2015 and May 2019. A receiver to VGCH Limited was appointed on 17
August 2017 by ABC Funding, LLC. The receiver ceased to act on 19 August 2019
and VGCH Limited continues in existence. There was no loss to creditors.

 

1.4          Mr. Wollenberg was appointed a director of Livia's
Health Foods Limited("LHF") in September 2020. On 17 February 2022 the
directors of LHF appointed administrators. The administrators completed a
pre-pack sale of LHF's business and assets for an initial consideration of
£355,000 together with a deferred consideration based on revenue valued at
£100,000. It is possible that all creditors will, in due course, be paid in
full.  The administration is ongoing.

 

1.5          There is no further information on Mr. Wollenberg
required to be disclosed under Schedule Two, paragraph (g) of the AIM Rules
for Companies.

 

2.            Mr. Tauman

2.1          Amit Endi Yosef Tauman, aged 30, has not held any
directorships and/or partnerships in the past five years.

 

2.2          Mr. Tauman holds 2,045,230 ordinary shares in the
Company, representing 7.83 per cent. of the issued share capital.

 

2.3          There is no further information on Mr. Tauman required
to be disclosed under Schedule Two, paragraph (g) of the AIM Rules for
Companies.

 

3.            Lord Gold

3.1          David Laurence Gold (Lord Gold), aged 71, has held the
following directorships and/or partnerships in the past five years:

 

 Current directorships and/or partnerships     Past directorships and/or partnerships
 BLC1 FP LLP                                   C5 Holdings (UK) Limited
 Broadclyst Limited
 David Gold & Associates LLP
 Derwent Films LLP
 ESCP Europe Corporate Services Limited
 ESCP Europe Business School
 Gold Collins Associates Limited
 Marylebone Capital Investments Limited
 Medway Films LLP
 Mole Films LLP
 Southend & Westcliff Hebrew Congregation
 T0day Group Limited

 

3.2          Lord Gold holds no ordinary shares in the Company.

 

There is no further information on Lord Gold required to be disclosed under
Schedule Two, paragraph (g) of the AIM Rules for Companies.

 

ENDS

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