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ADVFN PLC — Director's Dealing 2022
Feb 25, 2022
7468_dirs_2022-02-25_5b0ce4e2-e7a3-49bf-ba36-c58df251f9fb.html
Director's Dealing
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RNS Number : 9033C
ADVFN PLC
25 February 2022
For immediate release
25 February 2022
ADVFN PLC
("ADVFN" or the "Company")
Director / PDMR Shareholding
ADVFN announces that on 24 February 2022, Mr Clem Chambers exercised existing options over 40,000 ordinary shares of 0.2p each in the Company ("Ordinary Shares") at an exercise price of 31.25p per Ordinary Share and a further 160,000 Ordinary Shares at an exercise price of 43.75p per Ordinary Share, in aggregate amounting to 200,000 Ordinary Shares. The options exercise proceeds of £82,500 will be used for general working capital purposes.
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 4 March 2022.
More information on ADVFN can be found at: www.ADVFN.com
For further information please contact:
| ADVFN PLC Michael Hodges, Chairman |
+44 (0) 20 3868 6702 |
| Beaumont Cornish Limited (Nominated Adviser) www.beaumontcornish.com |
|
| Roland Cornish/Michael Cornish | +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
a)
Name
Clem Chambers
2
Reason for notification
a)
Position / status
CEO
b)
Initial notification
/Amendment
Initial
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 financial instrument, type of instrument
Identification code
Ordinary shares of 0.2 pence each in ADVFN plc
ISIN GB00BPT24C10
Nature of the transaction
Exercise and award of options
Price(s) and volumes(s)
Options exercised:
| Price(s) | Volumes(s) |
| £0.3125 | 40,000 |
| £0.4375 | 160,000 |
d)
Aggregated information
Options exercised:
| Price(s) | Volumes(s) |
| £0.3125 | 40,000 |
| £0.4375 | 160,000 |
e)
Date of the transaction
24 February 2022
f)
Place of the transaction
Outside a trading venue
ENDS
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END
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