Grant of Options

ADVFN.COM PLC 18 February 2003 ADVFN PLC 18th February 2003 ADVFN PLC ('ADVFN' or the 'Company') On the 18th February 2003, ADVFN approved the grant of options over new ordinary shares of 1p ('Ordinary Shares') to certain directors and the repricing of certain existing options. The Board has decided to reprice certain options to ensure that the holders, all of whom are important contributors to the future success of the Company, are fully incentivised without the incurring of increased operating costs by the Company. In particular, options have been granted to the following directors: - Name Options granted Total options held Clement Chambers 1 million 7 million Jonathan Mullins 1 million 7 million David Crump 1 million 4 million Michael Hodges 1 million 4 million Robert Emmet 1 million 2.5 million The options over ordinary shares in the Company were granted at a price of 1.25p and are exercisable up to 17th February 2010. Options over 12 million Ordinary Shares previously granted to Clement Chambers, Jonathan Mullins, David Crump, Michael Hodges and Robert Emmet have been repriced so as to be exercisable at 2.5p rather than 5.375p or 10p. The other terms of these options remain unchanged. This information is provided by RNS The company news service from the London Stock Exchange

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ADVFN (AFN)
UK 100

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