George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAFHP.L Regulatory News (AFHP)

  • There is currently no data for AFHP

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Issue of Deferred Consideration

6 Sep 2017 07:00

RNS Number : 8973P
AFH Financial Group Plc
06 September 2017
 

6 September 2017

AFH FINANCIAL GROUP PLC

("AFH" or the "Company")

 

Issue of shares in respect of Deferred Consideration for Davisons Financial Management Limited

 

AFH, a leading financial planning led wealth management firm, announces the payment of the final tranche of deferred consideration for the acquisition of Davisons Financial Management Limited ("DFM"), details of which were originally announced on 6 August 2015.

 

Earn-out consideration includes 239,162 ordinary shares of 10 pence each ("Deferred Consideration Shares") and has been settled with the vendors of DFM pursuant to the terms of the acquisition. The value of the Deferred Consideration Shares equates to £585,947, based on the average mid-market price of 245 pence for the five days ended 4 September 2017.

 

The Deferred Consideration Shares have been satisfied by the Company through the issue of 239,162 new ordinary shares of 10 pence each in the Company ("New Ordinary Shares").

 

Application has been made for the New Ordinary Shares to be admitted to trading on the AIM market of the London Stock Exchange ("Admission") and it is expected that Admission will become effective on 12 September 2017.

 

Following the issue of the New Ordinary Shares, the issued share capital of the Company comprises 30,583,443 ordinary shares of 10 pence, each with one voting right. Therefore the total number of ordinary shares and voting rights in the Company is 30,583,443.

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.

Enquiries:

 

 

AFH Financial Group PLC 01527 577 775

Alan Hudson, Chief Executive Officer

Paul Wright, Chief Financial Officer

www.afhfinancialgroup.com

 

Liberum (Nominated Adviser and Broker) 020 3100 2000

John Fishley / Richard Bootle

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUGUWABUPMGAA
Date   Source Headline
18th Jun 20217:30 amRNSSuspension - AFH Financial Group plc
18th Jun 20217:00 amRNSCancellation - AFH Financial Group plc
17th Jun 202112:55 pmRNSScheme of arrangement becomes effective
17th Jun 202112:24 pmRNSHolding(s) in Company
17th Jun 20217:30 amRNSSuspension - AFH Financial Group plc
15th Jun 20214:05 pmRNSCourt sanction of scheme expected scheme timetable
14th Jun 20216:00 pmRNSAFH Financial Group
14th Jun 20215:53 pmRNSDirector/PDMR Shareholding
11th Jun 20213:11 pmRNSForm 8.3 - AFH FINANCIAL GROUP PLC
11th Jun 20219:32 amRNSForm 8.3 - AFH Financial Group Plc
28th May 20217:00 amRNSNotice to CULS holders
25th May 20219:37 amRNSForm 8.3 - [AFH FINANCIAL GROUP PLC]
25th May 20217:00 amRNSUpdate re: CULS Proposals
21st May 20214:16 pmRNSNotice of court hearing, expected scheme timetable
20th May 20213:09 pmRNSForm 8.3 - AFH FINANCIAL GROUP PLC
19th May 20217:00 amRNSReceipt of approval from the FCA
12th May 202112:00 pmRNSForm 8.5 (EPT/RI) - AFH Financial Group plc
12th May 20219:19 amRNSForm 8.3 - [AFH FINANCIAL GROUP PLC]
11th May 202112:00 pmRNSForm 8.5 (EPT/RI) - AFH Financial Group plc
11th May 20219:19 amRNSForm 8.3 - [AFH FINANCIAL GROUP PLC]
10th May 202112:00 pmRNSForm 8.5 (EPT/RI) - AFH Financial Group plc
7th May 202112:00 pmRNSForm 8.5 (EPT/RI) - AFH Financial Group plc
6th May 202112:00 pmRNSForm 8.5 (EPT/RI) - AFH Financial Group plc
4th May 20217:00 amRNSForm 8.3 - AFH FINANCIAL GROUP PLC
16th Apr 20219:29 amRNSForm 8.3 - [AFH FINANCIAL GROUP PLC]
15th Apr 20214:58 pmPRNForm 8.3 - AFH Financial Group Plc
15th Apr 202112:00 pmRNSForm 8.5 (EPT/RI) - AFH Financial Group plc
14th Apr 20213:10 pmRNSRule 2.9 Announcement
14th Apr 20211:07 pmRNSConversion of CULS and Total Voting Rights
14th Apr 202112:00 pmRNSForm 8.5 (EPT/RI) - AFH Financial Group plc
9th Apr 202112:00 pmRNSForm 8.5 (EPT/RI) - AFH Financial Group plc
9th Apr 20218:50 amRNSForm 8.3 - AFH FINANCIAL GROUP PLC
8th Apr 20219:10 amRNSForm 8.5 (EPT/RI) - AFH Financial Group plc
7th Apr 20218:49 amRNSForm 8.3 - AFH FINANCIAL GROUP PLC
30th Mar 20213:30 pmRNSForm 8.3 - AFHP LN
30th Mar 20219:42 amGNWForm 8.5 (EPT/RI) - Afh Financial Group Plc
30th Mar 20219:20 amRNSForm 8.3 - AFH Financial Group Plc
29th Mar 20213:37 pmRNSForm 8.3 -AFH FINANCIAL GROUP PLC
29th Mar 20213:11 pmRNSForm 8.3 - AFH FINANCIAL GROUP PLC
26th Mar 20214:28 pmRNSRESULTS OF RECONVENED COURT MEETING AND GM
19th Mar 20214:23 pmRNSHolding(s) in Company
18th Mar 20215:15 pmEQSForm 8.3 - IPConcept (Luxemburg) S.A.: AFH Financial Group plc
18th Mar 20213:30 pmRNSForm 8.3 - AFHP LN
15th Mar 20213:30 pmRNSForm 8.3 - AFHP LN
12th Mar 20211:04 pmRNSResult of AGM
11th Mar 20213:30 pmRNSForm 8.3 - AFHP LN
11th Mar 20219:52 amRNSForm 8.3 - AFH Financial Group Plc
10th Mar 20214:57 pmRNSSupplemental Scheme Document
10th Mar 20214:07 pmBUSForm 8.3 - AFH Financial Group plc
10th Mar 20219:48 amGNWForm 8.5 (EPT/RI) - Afh Financial Group Plc

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.