Corporate update

ADVFN PLC

27 January 2025

 

For immediate release

27 January 2025

ADVFN PLC 

("ADVFN" or the "Company")

Corporate update

As reported in the interim results for the six months ended 31 December 2023, the Company was in the process of issuing proceedings against a former director (Clem Chambers) and Online Blockchain PLC. The Board of ADVFN is pleased to announce that all disputes between the parties have now been settled amicably and with this matter now resolved, the Board looks forward to renewing its relationship with Clem Chambers and Online Blockchain to all parties' mutual advantage.

For further information please contact:

ADVFN plc Amit Tauman (CEO)	[phone]
Beaumont Cornish Limited (Nominated Adviser) Michael Cornish Roland Cornish	[phone]
Peterhouse Capital Limited (Broker) Duncan Vasey	[phone]

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

 

END