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24 Nov 2017 16:15
For immediate release
24 November 2017
ADVFN PLC
Ā ("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 Ā£0.475 per share and a further 50,000 share options at an exercise price of Ā£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.
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More information on ADVFN can be found at: www.ADVFN.com
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For further information please contact:Ā
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ADVFN PLC Clem Chambers, CEO | Ā +44 (0) 207 070 0909 |
Beaumont Cornish Limited (Nominated Adviser) www.beaumontcornish.com | |
Roland Cornish/Felicity Geidt | +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.
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1 | Details Ā of Ā the Ā person Ā discharging Ā managerial Ā responsibilities Ā / Ā person Ā closely associated Ā | |||||
a) | Name | Christopher Newland | ||||
2 | Reason for notification Ā | |||||
a) | Position / status | Manager | ||||
b) | Initial notification /Amendment Ā | Initial | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ā | |||||
a) | Name | ADVFN plc Ā | ||||
b) | LEI | 21380042SDV1E1ZVIY40 Ā | ||||
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 Ā | |||||
a) | Description Ā of the financial instrument, type of instrument Identification code | Ordinary shares of 0.2 pence each in ADVFN plc Ā Ā ISIN GB00BPT24C10 Ā | ||||
Nature of the transaction | (i) Grant of options over 50,000 ordinary shares for a 10 year term and exercisable at Ā£0.475 per ordinary share (ii) Grant of options over 50,000 ordinary shares for a 10 year term and exercisable at Ā£1.00 per ordinary share Ā | |||||
Price(s) and volumes(s) | Ā
Ā Ā | |||||
d) | Aggregated information | n/a Ā | ||||
e) | Date of the transaction | 24 November 2017 Ā | ||||
f) | Place of the transaction | Off market Ā | ||||
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ENDS
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