ADVFN PLC Issue of Equity (2314V)

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)                        [phone] 
           Beaumont Cornish Limited 
            (Nominated Adviser) 
            Michael Cornish 
            Roland Cornish                           [phone] 
           Peterhouse Capital Limited 
            (Broker) 
            Eran Zucker / Lucy Williams 
            / Rose Greensmith                        [phone] 
 

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

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END

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