Director/PDMR Shareholding

RNS Number : 7092Q

ADVFN PLC

08 June 2018

 

For immediate release

8 June 2018

 

ADVFN PLC

 ("ADVFN" or the "Company")

Director / PDMR shareholding

Issue of options

The Company announces that on 7 June 2018, the board of directors of ADVFN agreed to award the following new options to directors of the Company:

Director	Number of options	Exercise Price
Clem Chambers	160,000	43.75p
	40,000	31.25p
Jon Mullins	20,000	43.75p
	40,000	31.25p
Michael Hodges	40,000	43.75p
	40,000	31.25p

The option award to the directors in aggregate represents approximately 1.3% of the current issued share capital of 25,623,846 ordinary shares.

The new options vest in full with effect from 10 June 2018 and must be exercised on or before 12 December 2024.

Accordingly, the Company makes the following announcement notification in accordance with Article 19 of the EU Market Abuse Regulation No. 596/2014:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Clem Chambers
2	Reason for the notification
a)	Position/status		Chief Executive Officer
b)	Initial notification/Amendment		Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		ADVFN plc
b)	LEI		21380042SDV1E1ZVIY40
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument. Identification code		Options over ordinary shares of 0.2 pence each   GB00BPT24C10
b)	Nature of transaction		Award of options to subscribe for Ordinary Shares
c)	Price(s) and volume(s)		Exercise Price(s)		Volume(s)
			43.75 pence 31.25 pence		160,000 40,000
d)	Aggregated information -      Aggregated volume -      Price		See 4(c) above
e)	Date of the transaction		7 June 2018
f)	Place of the transaction		Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Jon Mullins
2	Reason for the notification
a)	Position/status		Technical Director and Chief Financial Officer
b)	Initial notification/Amendment		Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		ADVFN plc
b)	LEI		21380042SDV1E1ZVIY40
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument. Identification code		Options over ordinary shares of 0.2 pence each   GB00BPT24C10
b)	Nature of transaction		Award of options to subscribe for Ordinary Shares
c)	Price(s) and volume(s)		Exercise Price(s)		Volume(s)
			43.75 pence 31.25 pence		20,000 40,000
d)	Aggregated information -      Aggregated volume -      Price		See 4(c) above
e)	Date of the transaction		7 June 2018
f)	Place of the transaction		Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Michael Hodges
2	Reason for the notification
a)	Position/status		Chairman
b)	Initial notification/Amendment		Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		ADVFN plc
b)	LEI		21380042SDV1E1ZVIY40
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument. Identification code		Options over ordinary shares of 0.2 pence each   GB00BPT24C10
b)	Nature of transaction		Award of options to subscribe for Ordinary Shares
c)	Price(s) and volume(s)		Exercise Price(s)		Volume(s)
			43.75 pence 31.25 pence		40,000 40,000
d)	Aggregated information -      Aggregated volume -      Price		See 4(c) above
e)	Date of the transaction		7 June 2018
f)	Place of the transaction		Outside a trading venue

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

For further information please contact: 

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

ENDS

 

END

 

 

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