LONDON (Alliance News) - AFH Financial Group PLC on Tuesday said it is making a deferred payment of GBP356,819 in cash and issuing GBP356,819 worth of shares for its acquisition of Independent Financial Services (UK) Ltd in May.
The financial planning firm said it is issuing 51,906 new shares and transferring 165,666 existing currently being held by the company in treasury.
Shares in AFH were untraded at 189.0 pence on Tuesday morning.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
Copyright 2015 Alliance News Limited. All Rights Reserved.
