ADVFN PLC Director/PDMR Shareholding (2954N)
January 16 2019 - 9:31AM
UK Regulatory
TIDMAFN
RNS Number : 2954N
ADVFN PLC
16 January 2019
For immediate release
16 January 2019
ADVFN PLC
("ADVFN" or the "Company")
Exercise and award of Options, TVR and Director / PDMR
Shareholding
ADVFN announces that Mr Clem Chambers, CEO, on 15 January 2019
exercised existing options over a total of 40,000 ordinary shares
of 0.2p each in the Company ("Ordinary Shares") at a price of
GBP0.3125 per Ordinary Share.
Accordingly, an application will be made for the new Ordinary
Shares to be admitted to trading on AIM ("Admission"). The new
Ordinary Shares will rank pari passu with the existing Ordinary
Shares in issue and it is expected that Admission will become
effective and dealings will commence on or around 23 January
2019.
Following Admission, the Company will have 25,663,846 Ordinary
Shares in issue and admitted to trading on AIM and Mr Chambers will
be interested in 563,198 Ordinary Shares representing 2.19% of the
Company's enlarged issued share capital.
The Board on 15 January 2019 awarded an option to Clem Chambers
to subscribe for, in aggregate, 80,000 new Ordinary Shares pursuant
to the Company's Share Option Plan 2014 ("Option Plan"). Under the
Option Plan, the exercise price of the options is equal to the
closing mid-market price of an Ordinary Share for the last dealing
day immediately preceding the date on which the option is to be
granted, in this instance being 27.5p on Monday, 14 January 2019.
The new options (representing 0.3 per cent. of the current issued
share capital of the Company) vest on 24 January 2019 and lapse
unless otherwise exercised on 12 December 2024.
More information on ADVFN can be found at: www.ADVFN.com
For further information please contact:
ADVFN PLC +44 (0) 207 070
Michael Hodges, Chairman 0909
Beaumont Cornish Limited (Nominated
Adviser)
www.beaumontcornish.com
+44 (0) 207 628
Roland Cornish/Michael Cornish 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
a) Name Clem Chambers
-------------------------- -----------------------------------------------
2 Reason for notification
---------------------------------------------------------------------------
a) Position / status CEO
-------------------------- -----------------------------------------------
b) Initial notification Initial
/Amendment
-------------------------- -----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------
a) Name ADVFN plc
-------------------------- -----------------------------------------------
b) LEI 21380042SDV1E1ZVIY40
-------------------------- -----------------------------------------------
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
---------------------------------------------------------------------------
a) Description of the Ordinary shares of 0.2 pence each
financial instrument, in ADVFN plc
type of instrument
Identification code
ISIN GB00BPT24C10
-------------------------- -----------------------------------------------
Nature of the transaction Exercise and award of options
-------------------------- -----------------------------------------------
Price(s) and volumes(s) Options exercised:
Price(s) Volumes(s)
GBP0.3125 40,000
-----------
Options granted:
Exercise Price(s) Volumes(s)
GBP0.275 80,000
-----------
-------------------------- -----------------------------------------------
d) Aggregated information Options exercised:
Price(s) Volumes(s)
GBP0.3125 40,000
-----------
Options granted:
Exercise Price(s) Volumes(s)
GBP0.275 80,000
-----------
-------------------------- -----------------------------------------------
e) Date of the transaction 15 January 2019
-------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- -----------------------------------------------
ENDS
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHZQLFFKFFLBBK
(END) Dow Jones Newswires
January 16, 2019 09:31 ET (14:31 GMT)
Advfn (LSE:AFN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Advfn (LSE:AFN)
Historical Stock Chart
From Apr 2023 to Apr 2024