("ADVFN" or the "Group")
Result of Meeting
Update on proposed Cancellation
The Board of ADVFN announces that at the General Meeting held on Friday, 25 April 2025, both Resolution 1 and Resolution 2 were passed. The voting was determined by a poll and the results in respect of each Resolution were as follows:
Resolutions
|
Votes For |
% |
Votes Against |
% |
|
|
|
|
|
Special Resolution 1 - the cancellation |
21,871,645 |
95.56% |
1,016,137 |
4.44% |
Special Resolution 2 - the re-registration |
21,871,645 |
95.56% |
1,016,137 |
4.44% |
Resolution 1 was proposed as a special resolution to approve the Cancellation. Resolution 2 was proposed as a special resolution to reregister the Company as a private limited company, to change its name to ADVFN Limited and to adopt the Amended Articles.
Expected cancellation timetable
All references to time are to London time unless otherwise stated. The dates and times given below are as previously announced and are based on the current expectations and may be subject to change. If any of the below times and/or dates change, the revised time(s) and/or date(s) will be notified to Shareholders by an announcement through a Regulatory Information Service.
Event |
2025 |
Last day of dealings in Ordinary Shares on AIM |
2 May |
Expected time and date of the Cancellation |
7.00 a.m. on 6 May |
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) Duncan Vasey |
+44 (0) 207 469 0930 |
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
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