Last checked at 25 Feb 2022 14:02
For immediate release
25 February 2022
ADVFN PLC
("ADVFN" or the "Company")
Director / PDMR Shareholding
ADVFN announces that on 24 February 2022, Mr Clem Chambers exercised existing options over 40,000 ordinary shares of 0.2p each in the Company ("Ordinary Shares") at an exercise price of 31.25p per Ordinary Share and a further 160,000 Ordinary Shares at an exercise price of 43.75p per Ordinary Share, in aggregate amounting to 200,000 Ordinary Shares. The options exercise proceeds of £82,500 will be used for general working capital purposes.
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 4 March 2022.
More information on ADVFN can be found at: www.ADVFN.com
For further information please contact:
ADVFN PLC Michael Hodges, Chairman |
+44 (0) 20 3868 6702 |
Beaumont Cornish Limited (Nominated Adviser) www.beaumontcornish.com | |
Roland Cornish/Michael Cornish | +44 (0) 207 628 3396 |
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:
| |||||||||
d) | Aggregated information | Options exercised:
| ||||||||
e) | Date of the transaction | 24 February 2022
| ||||||||
f) | Place of the transaction | Outside a trading venue
| ||||||||
ENDS