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11 Dec 2009 12:49
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ADVFN PLC (The 'Company')
Exercise of Options
The Company announcesΒ thatΒ twoΒ members of staff have exercised 45,000Β options to subscribe for ordinaryΒ shares of one pence each in the CompanyΒ ("Ordinary Shares")Β at a price of 1.25p per share, and a furtherΒ 112,500Β options to subscribe for Ordinary Shares at a price ofΒ 3.056p per share. TheΒ total of 157,500Β Ordinary Shares have beenΒ issued andΒ allotted and applicationΒ for themΒ to be admitted to trading on AIM has been made to the London Stock Exchange. Admission of and dealings in theseΒ Ordinary Shares are expected to commence onΒ 18 DecemberΒ 2009.
Following the issue of theseΒ Ordinary Shares, the Company will have 622,963,170Β Ordinary SharesΒ in issue,Β each carrying one voting right.Β The Company holds no shares in treasury.Β
Contacts
Francesca De Franco, ADVFN, 020 7070 0932 or email: francescad@advfn.com
Fiona KindnessΒ / Adam Suggett, Grant Thornton UK LLP (Nominated Adviser), 020 7383 5100Β
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