RNS Number : 1711V
ADVFN PLC
08 August 2022
 

8 August 2022

For immediate release

ADVFN PLC

("ADVFN" or the "Company")

Directorate Changes

 

The Board of ADVFN announces that, after 22 years of service with the Company, Michael Hodges is stepping down from his position as a director and Chairman with immediate effect. Michael Hodges will also resign from his group directorships other than in respect of the Company's wholly-owned subsidiary, All IPO Plc, until a suitable replacement has been identified. 

Thomas Spiller has stepped down from his position as non-executive director of the Company, also with immediate effect. 

The Board thanks Michael and Tom for their services and wishes them both well for the future.

Lord Gold, a non-executive director of the Company, will become the non-executive Chairman of the Company.

In addition to the Board changes, the Company has today cancelled all share options currently held by directors (including those held by Michael Hodges) amounting to 1,251,473 options.

 

Enquiries:

 

For further information please contact:

ADVFN PLC

Jonathan Mullins

+44 (0) 203 8794 460

 

Beaumont Cornish Limited (Nominated Adviser)

www.beaumontcornish.com


Roland Cornish/Michael Cornish 

+44 (0) 207 628 3396

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 Jon Mullins, Director.

 

A copy of this announcement will be available on the Group's website: 

 www.advfnplc.com

 

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
 
 
BOAFZGGRGNMGZZZ