AFH Financial Group Plc Issue of Equity (1374H)
June 06 2017 - 1:00AM
UK Regulatory
TIDMAFHP TIDMAFHB
RNS Number : 1374H
AFH Financial Group Plc
06 June 2017
6 June 2017
AFH Financial Group plc
("AFH" or the "Company")
(AIM: AFHP)
Admission of Consideration Shares
The Board of AFH, a leading financial planning led investment
management firm, refers to the announcement of 1 June 2017 in
relation to the acquisition of Parker Sage Independent Financial
Advisers Limited (the "Acquisition").
Under the terms of the Acquisition, part of the initial
consideration comprised GBP375,000 of ordinary shares based on the
average mid-market share price of AFH ordinary shares over the five
trading days preceding 31 May 2017, which equated to 196,335
ordinary shares (the "Consideration Shares").
The Company confirms that the Consideration Shares will be
admitted to trading tomorrow, 7 June 2017. Following the admission
of the Consideration Shares, the issued share capital of the
Company will comprise 30,294,525 ordinary shares of 10 pence, each
with one voting right.
The total number of Ordinary Shares carrying voting rights in
AFH is therefore 30,294,525. This figure will represent the total
voting rights in the Company and may be used by shareholders as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or change to their
interest in, or a change to their interest in the Company under the
Financial Conduct Authority's Disclosure and Transparency
Rules.
For further information please contact:
AFH Financial Group PLC +44 (0)1527 577 775
Alan Hudson, Chief Executive Officer
Paul Wright, Chief Financial Officer
Liberum Capital Limited +44 (0)20 3100 2000
(Nominated Adviser and Broker)
John Fishley
Richard Bootle
This information is provided by RNS
The company news service from the London Stock Exchange
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