ADVFN.COM PLC
25 September 2002
ADVFN.COM plc ('ADVFN' or the 'Company')
Significant shareholdings
The Company has been informed that On-line plc (ADVFN's parent company) has
today transferred 35,200,000 of the shares it holds in ADVFN to New
Opportunities Investment Trust PLC ('NOIT'). This transaction reduces On-line's
holding in ADVFN from 149,500,000 ordinary shares (45.7% of the issued share
capital) to 114,300,000 ordinary shares (33.3% of the issued share capital).
In addition to the 35,200,000 ADVFN shares acquired by NOIT from On-line plc,
NOIT has also been issued 16,000,000 new ordinary shares directly from ADVFN in
respect of a share exchange which has also been announced today.
As a result of the above transaction, NOIT now owns 51,200,000 ordinary shares
in ADVFN representing 14.9% of the issued share capital of the Company.
For further information, please contact:
Clement Chambers, ADVFN, 020 7070 0909
Fiona Kindness, Grant Thornton, 0870 991 2520
This information is provided by RNS
The company news service from the London Stock Exchange
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