TIDMAFN

RNS Number : 0622U

ADVFN PLC

23 March 2023

For immediate release

23 March 2023

ADVFN plc

("ADVFN" or the "Company")

Director / PDMR shareholding

Admission became effective and dealings commenced on 22 March 2023 in the new ordinary shares issued pursuant to the Open Offer.

As previously announced, 1,057,576 Open Offer Shares were issued to Amit Tauman, a director of the Company together with 352,525 Open Offer Warrants (as set out in the Appendix). Following admission, Amit Tauman is interested in aggregate 5,437,972 Ordinary Shares representing 11.82 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 t he p erson disc harging managerial responsib 
       ilities / p erson closely associated 
 a)   Name                        Amit Tauman 
     --------------------------  -------------------------------------------------- 
 2    Reason for notification 
     ------------------------------------------------------------------------------ 
 a)   Position / status                      Chief Executive 
     --------------------------  -------------------------------------------------- 
 b)   I nitial notification       Initial 
       /Amendment 
     --------------------------  -------------------------------------------------- 
 3    Details of t he issu er, e mission allow a n ce m a 
       r k et participan t, au ct ion plat for m, au ction 
       eer or auc tion monitor 
     ------------------------------------------------------------------------------ 
 a)   Name                        ADVFN plc 
     --------------------------  -------------------------------------------------- 
 b)   LEI                         21380042SDV1E1ZVIY40 
     --------------------------  -------------------------------------------------- 
 4    Details of t he t ransact ion (s): section to be re 
       p eated for ( i) e a ch type of instr u m e n t; (ii) 
       each type of transac tion; (iii) each date; and ( iv) 
       each place w h ere transactions have b een condu cted 
     ------------------------------------------------------------------------------ 
 a)   Description of the          Ordinary shares of 0.2 pence each 
       financial instrument,       in ADVFN plc 
       t ype of instrument 
       I d e ntification           ISIN GB00BPT24C10 
       code 
                                   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) 
                                    GBP0.33    1,057,576 new Ordinary 
                                                Shares 
                                              ----------------------- 
                                    GBP0.00    352,525 Open Offer 
                                                Warrants 
                                              ----------------------- 
     --------------------------  -------------------------------------------------- 
 d)   Aggregated information      n/a 
     --------------------------  -------------------------------------------------- 
 e)   Date of the transaction     22 March 2023 
     --------------------------  -------------------------------------------------- 
 f)   Place of the transaction    AIMX 
     --------------------------  --------------------------------------------------

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

DSHEXLFLXXLLBBX

(END) Dow Jones Newswires

March 23, 2023 11:30 ET (15:30 GMT)

Advfn (LSE:AFN)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Advfn Charts.
Advfn (LSE:AFN)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Advfn Charts.