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AFN Advfn Plc

11.50
0.00 (0.00%)
Last Updated: 07:45:25
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Advfn Plc LSE:AFN London Ordinary Share GB00BPT24C10 ORD 0.2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 11.50 11.00 12.00 11.50 11.50 11.50 0.00 07:45:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Information Retrieval Svcs 5.46M -2.17M -0.0471 -2.44 5.29M

ADVFN PLC Issue of Equity (2314V)

04/04/2023 7:00am

UK Regulatory


Advfn (LSE:AFN)
Historical Stock Chart


From Mar 2023 to Mar 2024

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TIDMAFN

RNS Number : 2314V

ADVFN PLC

04 April 2023

For immediate release

4 April 2023

ADVFN plc

("ADVFN" or the "Company")

Further equity issue

The Board of ADVFN announces that the Company has today conditionally issued 456 new Ordinary Shares pursuant to the exercise of 456 Open Offer Warrants at an exercise price of 60 pence per new Ordinary Share. The proceeds from the exercise amount to GBP274 and will be used for general working capital.

Application is being made to the London Stock Exchange for 456 new Ordinary Shares to be admitted to trading on AIM and it is expected that Admission will become effective and dealings will commence in the new Ordinary Shares at 8.00 a.m. on or around 11 April 2023. The new Ordinary Shares shall rank pari passu in all respects with all other Ordinary Shares then in issue.

Following Admission, the Company will have 46,005,213 Ordinary Shares in issue and admitted to trading on AIM.

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 
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. The person who arranged for the release of this announcement on behalf of the Company was Amit Tauman, Director.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

April 04, 2023 02:00 ET (06:00 GMT)

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