Director/PDMR Shareholding

RNS Number : 9033C

ADVFN PLC

25 February 2022

 

For immediate release

25 February 2022

ADVFN PLC

 ("ADVFN" or the "Company")

Director / PDMR Shareholding

ADVFN announces that on 24 February 2022, Mr Clem Chambers exercised existing options over 40,000 ordinary shares of 0.2p each in the Company ("Ordinary Shares") at an exercise price of 31.25p per Ordinary Share and a further 160,000 Ordinary Shares at an exercise price of 43.75p per Ordinary Share, in aggregate amounting to 200,000 Ordinary Shares. The options exercise proceeds of £82,500 will be used for general working capital purposes.

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 4 March 2022.

More information on ADVFN can be found at: www.ADVFN.com

For further information please contact: 

ADVFN PLC Michael Hodges, Chairman	[phone]
Beaumont Cornish Limited (Nominated Adviser) www.beaumontcornish.com
Roland Cornish/Michael Cornish	[phone]

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)	I nitial notification /Amendment	Initial
3	Detailsoftheissuer,  emissionallowancemarketparticipant,auctionplatform, auctioneerorauctionmonitor
a)	Name	ADVFN plc
b)	LEI	21380042SDV1E1ZVIY40
4	Detailsofthetransaction(s): sectiontoberepeatedfor(i)eachtypeofinstrument; (ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplace wheretransactions havebeenconducted
a)	Description  of  the financial instrument, type ofinstrument I d e ntification 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) £0.3125 40,000 £0.4375 160,000
d)	Aggregated information	Options exercised: Price(s) Volumes(s) £0.3125 40,000 £0.4375 160,000
e)	Date of the transaction	24 February 2022
f)	Place of the transaction	Outside a trading venue

ENDS

 

END

 

 

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