Exercise of Options, Director/PDMR Holding and TVR

RNS Number : 1751P

ADVFN PLC

05 February 2019

 

For immediate release

05 February 2019

ADVFN PLC

 ("ADVFN" or the "Company")

Exercise and award of Options, TVR and Director / PDMR Shareholding

ADVFN announces that Mr Clem Chambers, CEO, on 5 February 2019 exercised existing options over a total of 40,000 ordinary shares of 0.2p each in the Company ("Ordinary Shares") at a price of £0.275 per Ordinary Share.

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 12 February 2019.

Following Admission, the Company will have 25,703,846 Ordinary Shares in issue and admitted to trading on AIM and Mr Chambers will be interested in 603,198 Ordinary Shares representing 2.3467% of the Company's enlarged issued share capital.  

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)	Initial notification /Amendment	Initial
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	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) £0.275 40,000
d)	Aggregated information	Options exercised: Price(s) Volumes(s) £0.275 40,000
e)	Date of the transaction	05 February 2019
f)	Place of the transaction	Outside a trading venue

ENDS

 

END

 

 

MSCEAPASEEANEFF