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RNS Number : 4812V

AFH Financial Group Plc

14 April 2021

14 April 2021

AFH Financial Group plc

("AFH" or the "Company")

(AIM: AFHP)

Conversion of CULS and Total Voting Rights

The Board of AFH, a leading financial planning led investment management firm, announces that it has received conversion notices in respect of 100 units of 4% Convertible Unsecured Loan Stock 2024 ("CULS"). Pursuant to the conversion of the CULS, the Company has issued and allotted 119,047 new ordinary shares of 10 pence each in the Company (the "New Ordinary Shares"). An application has been made for the New Ordinary Shares to be admitted to trading on AIM and admission is expected to take place on or around 19 April 2021 ("Admission"). The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of the Company.

Following the issue of the New Ordinary Shares, the issued share capital of the Company will comprise 43,124,098 ordinary shares of 10 pence each. No ordinary shares are held in treasury. Therefore, following Admission, this figure of 43,124,098 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.

Following this conversion, the Company will have in issue 2,620 CULS units.

Enquiries:

 
AFH Financial Group PLC 
Alan Hudson, Chief Executive Officer                           01527 577 775 
Paul Wright, Chief Financial Officer 
 
Shore Capital (Nominated Adviser and Broker)                   020 7408 4090 
Corporate Advisory: Hugh Morgan / Daniel Bush / Sarah Mather 
 Corporate Broking: Henry Willcocks 
Yellow Jersey PR Limited (Financial PR) 
 Joe Burgess / Georgia Colkin / Annabel Atkins                 077 6932 5254

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April 14, 2021 08:07 ET (12:07 GMT)

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