For immediate release
20 March 2023
ADVFN plc
("ADVFN" or the ''Company'')
Admission update
The Board of ADVFN confirms that further to the announcement on 14 March 2023, the Company has issued 5,981,058 new Open Offer Shares and 1,993,686 Open Offer Warrants at an Issue Price of 33 pence per Open Offer Share ("Subscription").
Application has been made to the London Stock Exchange for 5,981,058 new Ordinary Shares to be admitted to trading on AIM and it is expected that Admission will become effective and dealings will commence in the New Ordinary Shares at 8.00 a.m. on 22 March 2023. The new Ordinary Shares shall rank pari passu in all respects with all other Ordinary Shares then in issue.
Following Admission, the Company will have 46,004,757 Ordinary Shares in issue and admitted to trading on AIM.
All capitalised/defined terms used in this announcement and not otherwise defined shall have the meanings given to them in the circular issued on 6 December 2022.
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 |
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.