ADVFN plc (GB:AFN) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
ADVFN plc has announced the issuance of new share options to directors and management as part of a new scheme, representing about 3.16% of the company’s issued share capital. Executive directors received options at an exercise price of 13p, a 24% premium over the last mid-market share price. Additionally, the company issued 280,000 Compensation Shares to non-executive directors following shareholder approval.
For further insights into GB:AFN stock, check out TipRanks’ Stock Analysis page.