Issue of Equity

RNS Number : 6978O

ADVFN PLC

11 March 2009

 



ADVFN PLC (The 'Company')

Exercise of Options

The Company announces that options to subscribe for 416,666 Ordinary Shares of one pence each in the Company ('Ordinary Shares') have been exercised by staff and a Director, Ray Negus, at a price of 1.25p per share. The Ordinary Shares have been allotted and application for them to be admitted to trading on AIM has been made to the London Stock Exchange. Admission of and dealings in these Ordinary Shares are expected to commence on 17 March 2009.

Following the issue of these Ordinary Shares, the Company will have 614,568,901 Ordinary Shares in issue, each carrying one voting right. The Company holds no shares in treasury. 

Ray Negus now holds 999,999 Ordinary Shares, representing 1.6% of the Company's issued share capital.

Contacts

Francesca De Franco, ADVFN, 020 7070 0932 or email: [e-mail]

Fiona Kindness, Director, Grant Thornton UK LLP (Nominated Adviser), 020 7728 3414 or email: [e-mail]

 

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