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25 Apr 2016 12:30
25 April 2016
AFH Financial Group plc
("AFH" or the "Company")
Exercise of Options
The Board of AFH, a leading financial planning led investment management firm, announces that application has been made for 51,906 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 by one self-employed financial adviser under the AFH Contractors Share Option Plan and two employees under the AFH EMI Share Option Plan. The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of the Company. 3,000 share options have an exercise price of £1.00 and 48,906 share options have an exercise price of £0.37. The New Ordinary Shares are expected to be admitted to trading on AIM on 29 April 2016.
Following the issue of the New Ordinary Shares, the issued share capital of the Company comprises 24,091,284 ordinary shares of 10 pence, each with one voting right. The Company does not hold any ordinary shares in treasury. Therefore the total number of ordinary shares and voting rights in the Company is 24,091,284.
The above figure may be used by shareholders in the Company 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, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
For further information please contact:
AFH Financial Group PLC +44 (0)1527 577 775
Alan Hudson, Chief Executive Officer
Paul Wright, Chief Financial Officer
www.afhfinancialgroup.com
Allenby Capital Limited +44 (0)20 3328 5656
Nick Naylor / Nick Athanas (Nominated Adviser and Broker)
Chris Crawford (Corporate Broking)
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