3 Mar 2022 17:20
3 March 2022
For immediate release
ADVFN PLC
("ADVFN" or the "Company")
Corporate update
The Board of ADVFN announces that Clem Chambers has agreed at the request of the Board to vary his compensation due in respect of his contractual entitlement on loss of office as announced on 24 February 2022, such that it has now been settled wholly in cash (the total amount remains unchanged) and the Settlement Shares will therefore no longer be issued.
In the meantime, the Board has now received the initial information requested for AIM-compliance purposes from the directors proposed by Mr Yair Tauman to be put up for election and a further announcement will be made in due course.
Enquiries:
For further information please contact:
ADVFN PLC Michael Hodges | +44 (0) 203 8794 460
| |
Beaumont Cornish Limited (Nominated Adviser) www.beaumontcornish.com | ||
Roland Cornish/Michael Cornish | +44 (0) 207 628 3396 | |
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. The person who arranged for the release of this announcement on behalf of the Company was Clem Chambers, Director.
A copy of this announcement is available on the Group's website: www.ADVFNPLC.com
ADVFN (AFN)