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ADVFN PLC

Transaction in Own Shares Jan 9, 2023

7468_rns_2023-01-09_c8a9d249-4aec-4e5a-a2bf-31a06edb056e.html

Transaction in Own Shares

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National Storage Mechanism | Additional information

RNS Number : 1500M

ADVFN PLC

09 January 2023

For immediate release

9 January 2023

ADVFN plc

("ADVFN" or the ''Company'')

Total voting rights

Director / PDMR shareholding

Admission became effective and dealings commenced today in the new ordinary shares issued pursuant to the Open Offer. For the purposes of the Disclosure and Transparency Rules of the Financial Conduct Authority, the Company announces the following:

As at the date of this announcement, the Company's issued share capital consists of 40,023,699 Ordinary Shares of ordinary shares of 0.2p each, with voting rights ("Ordinary Shares").  The Company does not hold any Ordinary Shares in Treasury.  Therefore, the total number of Ordinary Shares in the Company with voting rights is 40,023,699.

The Company's issued share capital consists of 40,023,699 Ordinary Shares and this number should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

As previously announced, 2,199,575 Open Offer Shares were issued to Amit Tauman, a director of the Company together with 733,191 Open Offer Warrants (as set out in the Appendix). Following admission, Amit Tauman is interested in aggregate 4,380,395 Ordinary Shares representing 10.95 per cent. of the ordinary issued share capital.

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

For further information please contact:

ADVFN plc

Amit Tauman (CEO)
+44 (0) 203 8794 460
Beaumont Cornish Limited (Nominated Adviser)

Michael Cornish

Roland Cornish
+44 (0) 207 628 3396
Peterhouse Capital Limited (Broker)

Eran Zucker / Lucy Williams / Rose Greensmith
+44 (0) 207 469 0930

Appendix

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

Amit Tauman

2

Reason for notification

a)

Position / status

Chief Executive

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

Warrant over ordinary shares

ISIN GB00BPSMFX03

Nature of the transaction

Issued pursuant to participation in an Open Offer

Price(s) and volumes(s)

Price(s) Volumes(s)
£0.33 2,199,575  new Ordinary Shares
£0.00 733,191  Open Offer Warrants

d)

Aggregated information

n/a

e)

Date of the transaction

6 January 2023

f)

Place of the transaction

AIMX

ENDS

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END

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