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