Grant of Options

RNS Number : 5095X

ADVFN PLC

24 November 2017

 

For immediate release

24 November 2017

ADVFN PLC

 ("ADVFN" or the "Company")

Grant of options

The Board of ADVFN announces that it has today awarded 50,000 share options at an exercise price of £0.475 per share and a further 50,000 share options at an exercise price of £1.00 per share to a member of staff. The options vest on 24 May 2018 and must be exercised on or before 24 May 2028.

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/Felicity Geidt	[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	Christopher Newland
2	Reason for notification
a)	Position / status	Manager
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	(i)         Grant of options over 50,000 ordinary shares for a 10 year term and exercisable at £0.475 per ordinary share (ii)         Grant of options over 50,000 ordinary shares for a 10 year term and exercisable at £1.00 per ordinary share
	Price(s) and volumes(s)	Price(s) Volumes(s) (i)         nil (ii)         nil 50,000 50,000
d)	Aggregated information	n/a
e)	Date of the transaction	24 November 2017
f)	Place of the transaction	Off market

ENDS

 

END

 

 

IOEQZLFLDFFFFBX