3 Feb 2017 07:00
3 February 2017
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 62,557 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 two self-employed financial advisers 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. 5,500 share options have an exercise price of £1.00 and 57,057 share options have an exercise price of £0.37. The New Ordinary Shares are expected to be admitted to trading on AIM on 9 February 2017.
Following the issue of the New Ordinary Shares, the issued share capital of the Company will comprise 24,187,870 ordinary shares of 10 pence, each with one voting right. The Company holds 417 Ordinary Shares in treasury which do not carry any voting rights.
The total number of Ordinary Shares carrying voting rights in AFH is therefore 24,187,870. 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 +44 (0)1527 577 775
Alan Hudson, Chief Executive Officer
Paul Wright, Chief Financial Officer
Liberum Capital Limited +44 (0)20 3100 2000
(Nominated Adviser and Broker)
John Fishley
Richard Bootle
Camarco +44 (0)20 3757 4985
(Financial PR)
Geoffrey Pelham-Lane
Jennifer Renwick