28 Mar 2022 08:04
28 March 2022
For immediate release
ADVFN PLC
("ADVFN" or the "Company")
Corporate Update
Further to the announcement made by the Company on 9 March 2022, the Board of ADVFN announces that publication of the circular to shareholders containing a notice of general meeting of ADVFN pursuant to the requisition by Mr Yair Tauman under Section 303 of the Companies Act 2006, has been delayed.
The Company is investigating whether relevant parties have complied with obligations imposed on controlling shareholders pursuant to Part XII of the Financial Services and Markets Act 2000 so that the Company can ensure compliance with its related obligations under the rules of the Financial Conduct Authority. In the meantime, the Company's nominated adviser has completed its review of the information to be published in accordance with Schedule Two (g) of the AIM Rules for Companies in respect of the proposed directors.
A further update will be provided as soon as possible.
Enquiries:
For further information please contact:
ADVFN PLC Jon Mullins | +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 Michael Hodges, Director.
A copy of this announcement and the Notice is available on the Group's website: www.advfnplc.com
ENDS
ADVFN (AFN)