Issue of options

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.

Grant date	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