ADVFN Share News (AFN)

ADVFN shares drop after swing to annual loss and continued challenges

(Alliance News) - ADVFN PLC on Tuesday reported it swung to an annual loss amid worsening market conditions and one-off settlements with its former directors. The company also proposed an open offer of shares to raise up to GBP6.8 million.

AIM WINNERS & LOSERS: Vela shares rise on EnSilica disposal

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

IN BRIEF: ADVFN appoints major investor Amit Tauman as chief executive

ADVFN PLC - London-based operator of financial information websites for private investors - Amit Tauman, an executive director, becomes chief executive, effective immediately. Jon Mullins, who had been acting chief executive, reverts to the role of chief financial & technology officer. The changes follow the departure of ADVFN co-founders Clem Chambers and Michael Hodges, who had been CEO and chair, respectively, earlier this year.

ADVFN Chair Michael Hodges steps down after 22 years with the company

(Alliance News) - ADVFN PLC on Monday said Chair & Co-Founder Michael Hodges will step down with immediate effect, after 22 years with the company.

LONDON MARKET MIDDAY: Pound unfazed as UK PM faces no-confidence vote

(Alliance News) - Stock prices in London were higher at midday on Monday following the long holiday weekend in the UK, after an easing of virus lockdowns in China, while the pound appreciated ahead of a no-confidence vote in Westminster.

AIM WINNERS & LOSERS: Clontarf has dry hole; eve Sleep in wake-up call

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

ADVFN shares tumble as firm suspends payouts after tough second half

(Alliance News) - ADVFN PLC shares plunged on Monday, as the company said its second half outturn was hit by a soft market, and high expenses from "costly" corporate activity in the period.

UK shareholder meetings calendar - next 7 days

Board reviewing latest info in battle for control of ADVFN

(Sharecast News) - An apparent battle for control of ADVFN advanced on Wednesday, as the company said it was reviewing information on a number of proposed directors submitted by its former director Yair Tauman.

IN BRIEF: ADVFN co-founder Chambers steps down as CEO under pressure

ADVFN PLC - London-based operator of financial information websites for private investors - Chief Executive Officer Clem Chambers agrees to step down "in the best interests of the company", after major shareholder Yair Tauman demanded his removal. Chambers will resign as CEO and as a company director, with effect from next Monday. Chief Financial Officer & Chief Technology Officer Jonathan Mullins will replace Chambers as CEO.

AIM WINNERS & LOSERS: Victorian Plumbing shares go down the drain

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

IN BRIEF: ADVFN in talks for collaboration and strategic investment

ADVFN PLC - London-based operator of financial information websites for private investors - Receives indicative proposal from an "overseas investor operating in a similar business segment" for a minority investment and business collaboration. The unnamed strategic investor would subscribe for new ADVFN shares for a 9.9% interest, and ADVFN would use the cash raised to fund the collaborative business development projects with the investor. The approach follows ADVFN's decision earlier this month to end the formal sales process it had launched back in January, saying it preferred to build value instead through partnerships and joint ventures.

IN BRIEF: ADVFN interim profit falls amid investments in offering

ADVFN PLC - London-based operator of financial information websites for private investors - Posts a pretax profit of GBP202,000 in the six months ended December 31, down 23% from GBP264,000 a year before. This is on revenue which is stable at GBP4.2 million. "We have been a little more aggressive in investing for the future in this half with the addition to our offerings of new features and data, with a special focus on Crypto," company says.

AIM WINNERS & LOSERS: Morses Club sinks on profit warning, CEO exit

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

IN BRIEF: ADVFN ends sales process but still faces call for board vote

IN BRIEF: ADVFN ends sales process but still faces call for board vote