TIDMAFN

RNS Number : 3807U

ADVFN PLC

28 March 2019

For immediate release

28 March 2019

ADVFN PLC

("ADVFN" or the "Company")

Holding(s) in Company

The Board of ADVFN announces that the Company received on 28 March 2019 the following TR-1 notification which is set out below.

A copy of this announcement is available on the Company's website, at www.advfn.com

For further information please contact:

 
ADVFN PLC 
 Clem Chambers CEO 
 Tel: +44 (0)207 070 0909 
 
Beaumont Cornish Limited (Nominated Adviser) 
 www.beaumontcornish.com 
Roland Cornish/Michael Cornish 
 Tel: +44 (0) 207 628 3396 
 

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible)(i) 
 
 1a. Identity of the issuer or the                                              ADVFN PLC 
  underlying issuer of existing shares 
  to which voting rights are attached(ii) 
  : 
                                                             ---------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                       ---- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                             X 
                                                                                                       ---- 
 An acquisition or disposal of financial instruments 
                                                                                                       ---- 
 An event changing the breakdown of voting rights 
                                                                                                       ---- 
 Other (please specify)(iii) : 
                                                                                                       ---- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                         River and Mercantile Asset Management 
                                                               LLP 
 City and country of registered office                        London, United Kingdom 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
 Name                                                         DISCRETIONARY CLIENTS 
                                                             ---------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                             ---------------------------------------------- 
 5. Date on which the threshold was                           21/03/2019 
  crossed or reached(vi) : 
                                                             ---------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):               28/03/2019 
                                                             ---------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting       % of voting rights     Total of both    Total number 
                            rights attached      through financial       in % (8.A +     of voting rights 
                            to shares (total        instruments             8.B)         of issuer(vii) 
                                of 8. A)           (total of 8.B 
                                                     1 + 8.B 2) 
                          ------------------  ----------------------  ---------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                     4.98%                                     4.98%            25,703,850 
                          ------------------  ----------------------  ---------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable) 
                          ------------------  ----------------------  ---------------  -------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached(viii) 
 A: Voting rights attached to shares 
 Class/type of      Number of voting rights(ix)                              % of voting rights 
  shares 
  ISIN code (if 
  possible) 
                            Direct                      Indirect                      Direct                  Indirect 
                      (Art 9 of Directive         (Art 10 of Directive          (Art 9 of Directive     (Art 10 of Directive 
                          2004/109/EC)                2004/109/EC)             2004/109/EC) (DTR5.1)        2004/109/EC) 
                            (DTR5.1)                   (DTR5.2.1)                                            (DTR5.2.1) 
                                             ----------------------------- 
 GB00BPT24C10       1,280,549                                                4.98% 
                   ------------------------  -----------------------------  -------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                            1,280,549                                               4.98% 
                   -------------------------------------------------------  ------------------------------------------------ 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration   Exercise/                            Number of voting                  % of voting 
  financial          date(x)      Conversion Period(xi)                rights that may                   rights 
  instrument                                                           be acquired if 
                                                                       the instrument 
                                                                       is 
                                                                       exercised/converted. 
                   -----------  -----------------------------------  --------------------------------  --------------------- 
 
 
 
                                 SUBTOTAL 8. B 1 
                                -----------------------------------  --------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of       Expiration        Exercise/               Physical or              Number of             % of voting 
  financial     date(x)           Conversion              cash                     voting rights         rights 
  instrument                      Period (xi)             settlement(xii) 
              ----------------  ----------------------  -----------------------  -------------------- 
 
 
 
                                                         SUBTOTAL 8.B.2 
                                                        -----------------------  -------------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer(xiii) 
 Full chain of controlled undertakings through which the voting rights                     X 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity(xiv) (please add additional 
  rows as necessary) 
       Name(xv)          % of voting rights      % of voting rights       Total of both if 
                           if it equals or        through financial        it equals or is 
                          is higher than the      instruments if it        higher than the 
                         notifiable threshold    equals or is higher     notifiable threshold 
                                                 than the notifiable 
                                                      threshold 
                       ----------------------  ---------------------  ------------------------ 
 River and Mercantile 
  Group PLC 
                       ----------------------  ---------------------  ------------------------ 
 River and Mercantile 
  Holdings Limited 
                       ----------------------  ---------------------  ------------------------ 
 River and Mercantile 
  Asset Management 
  LLP 
                       ----------------------  ---------------------  ------------------------ 
 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder                       River and Mercantile Asset Management 
                                                 LLP 
                                               ----------------------------------------------- 
 The number and % of voting rights              N/A 
  held 
                                               ----------------------------------------------- 
 The date until which the voting rights         N/A 
  will be held 
                                               ----------------------------------------------- 
 
 11. Additional information(xvi) 
 
 
 
 
 Place of completion   London, United Kingdom 
 Date of completion    28(th) March 2019 
                      ----------------------- 
 
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HOLJPMFTMBMTBPL

(END) Dow Jones Newswires

March 28, 2019 12:10 ET (16:10 GMT)

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