4 Jan 2019 16:23
4 January 2019
AFH Financial Group plc
("AFH" or the "Company")
(AIM: AFHP)
Exercise of Options
The Board of AFH, a leading financial planning led investment management firm, announces that application has been made for 1,271 new ordinary shares of 10 pence each in the Company (the "New Ordinary Shares") to be admitted to trading on AIM. The New Ordinary Shares have been issued and allotted pursuant to the exercise of share options under the AFH Contractors Share Option Plan. The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of the Company.
665 of the share options have an exercise price of £1.505 and 606 of the share options have an exercise price of £1.65. The New Ordinary Shares are expected to be admitted to trading on AIM on 11 January 2019.
Following the issue of the New Ordinary Shares, the issued share capital of the Company will comprise 42,479,169 ordinary shares of 10 pence, each with one voting right.
The total number of Ordinary Shares carrying voting rights in AFH is therefore 42,479,169. 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 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
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.