ADVFN PLC Directorate Change (1711V)
RNS Number : 1711V
08 August 2022
8 August 2022
For immediate release
(" ADVFN " or the "Company")
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
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.
For further information please contact:
Jonathan Mullins +44 (0) 203 8794 460
Beaumont Cornish Limited (Nominated
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
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(END) Dow Jones Newswires
August 08, 2022 02:00 ET (06:00 GMT)
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