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AFH Financial Makes Deferred Payment For Independent Financial Deal
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.
Latest AFHP News
- AFH Financial Profit, Revenue And Funds Under Management Grow
29 Jun 2016 - UK Earnings, Trading Statements Calendar - Next 7 Days
22 Jun 2016 - AFH Financial Trading In Line As It Actively Evaluates Acquisitions
1 Jun 2016 - AFH drops Lighthouse bid, blames uncooperative board
23 Mar 2016 - UPDATE: AFH Says Will Not Make Firm Offer For Lighthouse Group
23 Mar 2016 - WINNERS & LOSERS SUMMARY: William Hill Warning Drags Down Bookmakers
23 Mar 2016 - AFH Financial Says Will Not Make Firm Offer For Lighthouse Group
23 Mar 2016 - WINNERS & LOSERS SUMMARY: fastjet Dives On Public Spat With easyGroup
18 Mar 2016
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AFH drops Lighthouse bid, blames uncooperative board
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