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8 Jun 2018 07:00
For immediate release
8 June 2018
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ADVFN PLC
 ("ADVFN" or the "Company")
Director / PDMR shareholding
Issue of options
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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:
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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 |
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The option award to the directors in aggregate represents approximately 1.3% of the current issued share capital of 25,623,846 ordinary shares.
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The new options vest in full with effect from 10 June 2018 and must be exercised on or before 12 December 2024.
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Accordingly, the Company makes the following announcement notification in accordance with Article 19 of the EU Market Abuse Regulation No. 596/2014:
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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 Â | ||||
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 | ||||
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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 Â | ||||
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 | ||||
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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 Â | ||||
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 | ||||
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More information on ADVFN can be found at: www.ADVFN.com.
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For further information please contact:Â
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ADVFN PLC Clem Chambers, CEO | Â +44 (0) 207 070 0909 |
Beaumont Cornish Limited (Nominated Adviser) www.beaumontcornish.com | |
Roland Cornish / Michael Cornish | +44 (0) 207 628 3396 |
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