9 Aug 2019 17:03
AFH FINANCIAL GROUP PLC
("AFH" or the "Company")
Director/PDMR Dealing
The Board of AFH, a leading financial planning led investment management firm, announces that Mark Chambers, Non-Executive Director, has today purchased 15,625 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 320p per Ordinary Share. Following the transaction, Mr Chambers and his wife have a total beneficial interest of 49,603 Ordinary Shares.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name
| Mark Chambers | ||||
2 | Reason for the notification
| |||||
a) | Position/status
| Non-Executive Director | ||||
b) | Initial notification/ Amendment
| Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a) | Name
| AFH Financial Group plc | ||||
b) | LEI
| 213800MVLNB5CWDY8X63 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 10 pence
GB00B4W5WQ08
| ||||
b) | Nature of the transaction
| Purchase of ordinary shares | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
15,625
320p
| ||||
e) | Date of the transaction
| 9 August 2019 | ||||
f) | Place of the transaction
| London Stock Exchange | ||||
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 Joint Broker) 020 3100 2000
John Fishley / Richard Bootle / Euan Brown
Shore Capital (Joint Broker) 020 7408 4090
Hugh Morgan / Edward Mansfield / Daniel Bush
Yellow Jersey PR Limited (Financial PR) 077 4884 3871
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 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.
This announcement is released by AFH Financial Group plc and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of the Company by Paul Wright, Chief Financial Officer.