AFH Financial Group Plc Treasury Shares (9487R)
March 06 2019 - 1:00AM
UK Regulatory
TIDMAFHP TIDMAFHB
RNS Number : 9487R
AFH Financial Group Plc
06 March 2019
6 March 2019
AFH Financial Group PLC
("AFH" or the "Company")
Treasury Shares
The Board of AFH, a leading financial planning led investment
management firm, announces that, on 5 March 2019, it purchased
43,931 ordinary shares of 10p each in the Company (the "Ordinary
Shares") into its treasury holdings at a price of 340 pence per
Ordinary Share (the "Purchase"). The Purchase was in accordance
with the terms of the Company's general authority granted to it by
shareholders of the Company at the annual general meeting held on 1
March 2019.
The Company advises that, following the Purchase, the Company's
issued ordinary share capital remains unchanged and the total
number of ordinary shares of 10 pence each in issue is 42,591,061.
The Company retains 43,931 Ordinary Shares in treasury which do not
carry any voting rights.
The total number of Ordinary Shares carrying voting rights in
AFH is therefore 42,547,130. 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 Guidance and Transparency
Rules.
For further information please contact:
AFH Financial Group PLC 01527 577 775
Alan Hudson, Chief Executive Officer
Paul Wright, Chief Financial Officer
Liberum (Nominated Adviser and Broker) 020 3100 2000
John Fishley /Richard Bootle /Euan Brown
Yellow Jersey PR Limited (Financial PR) 07748 843 871
Felicity Winkles/Tim Thompson/Annabel Atkins
Notes to Editors
AFH Financial Group (AIM: AFHP) is leading UK financial
planning-led wealth management firm based in the Midlands. Founded
in 1990 by CEO Alan Hudson, the Company provides wealth management
and financial advisory services to over 20,000 clients in the UK.
These services are delivered by over c.450 professional advisers
and 400 support staff.
The Company has a defined growth strategy focused on increasing
shareholder value through the expansion of the AFH community. This
strategy continues to be driven by a combination of organic growth
through greater productivity of the Company's advisers and by value
accretive acquisitions.
AFH has delivered its fifth consecutive year of growth and
improved profitability since listing on AIM in 2014 and Funds under
Management currently sit at over GBP5Bn.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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