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 the person discharging managerial responsibilities / person closely associated
| |||||||
| a) | Name | Amit Tauman | ||||||
| 2 | Reason for notification
| |||||||
| a) | Position / status | Chief Executive
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| 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)
|
| ||||||
| d) | Aggregated information | n/a
| ||||||
| e) | Date of the transaction | 22 March 2023
| ||||||
| f) | Place of the transaction | AIMX
| ||||||
ENDS
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