ADVFN PLC Grant of Options (5095X)

TIDMAFN

RNS Number : 5095X

ADVFN PLC

24 November 2017

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 GBP0.475 per share and a further 50,000 share options at an exercise price of GBP1.00 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                                +44 (0) 207 
  Clem Chambers, CEO                      070 0909 
 
 Beaumont Cornish Limited (Nominated 
  Adviser) 
  www.beaumontcornish.com 
                                        +44 (0) 207 
 Roland Cornish/Felicity Geidt           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                      Christopher Newland 
---  ------------------------  ------------------------------------------------- 
 2    Reason for notification 
---  --------------------------------------------------------------------------- 
 a)   Position / status         Manager 
---  ------------------------  ------------------------------------------------- 
 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            Ordinary shares of 0.2 pence 
       the financial             each in ADVFN plc 
       instrument, type 
       of instrument 
       Identification            ISIN GB00BPT24C10 
       code 
---  ------------------------  ------------------------------------------------- 
      Nature of the                              (i) Grant of options over 
       transaction                                50,000 ordinary shares for 
                                                  a 10 year term and exercisable 
                                                  at GBP0.475 per ordinary 
                                                  share 
                                                  (ii) Grant of options over 
                                                  50,000 ordinary shares for 
                                                  a 10 year term and exercisable 
                                                  at GBP1.00 per ordinary share 
---  ------------------------  ------------------------------------------------- 
      Price(s) and                Price(s)          Volumes(s) 
       volumes(s)                 ----------------  ----------- 
                                        (i) nil      50,000 
                                         (ii) nil     50,000 
                                  ----------------  ----------- 
---  ------------------------  ------------------------------------------------- 
 d)   Aggregated information    n/a 
---  ------------------------  ------------------------------------------------- 
 e)   Date of the transaction   24 November 2017 
---  ------------------------  ------------------------------------------------- 
 f)   Place of the              Off market 
       transaction 
---  ------------------------  ------------------------------------------------- 
 

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 24, 2017 11:15 ET (16:15 GMT)