Last checked at 8 Jun 2018 07:00
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 |
+44 (0) 207 070 0909 |
Beaumont Cornish Limited (Nominated Adviser) www.beaumontcornish.com | |
Roland Cornish / Michael Cornish | +44 (0) 207 628 3396 |
ENDS