14 Apr 2021 15:10
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION
14 April 2021
AFH FINANCIAL GROUP PLC
("AFH" or the "Company")
Rule 2.9 Announcement
In accordance with Rule 2.9 of the Code, AFH confirms that as at today's date it has in issue:
· 43,124,098 ordinary shares of £0.10 each. AFH holds no shares in treasury. The International Securities Identification Number (ISIN) of the ordinary shares is GB00B4W5WQ08; and
· 2,620 4 per cent. Convertible Unsecured Loan Stock 2024 ("CULS") of £5,000 nominal value each. The International Securities Identification Number (ISIN) for AFH's CULS is GB00BJLFJB09.
Enquiries:
AFH Financial Group PLC | |
Alan Hudson, Chief Executive Officer | 01527 577 775 |
Paul Wright, Chief Financial Officer | |
Keefe, Bruyette & Woods (acting through Stifel Nicolaus Europe Limited) (Sole Financial Adviser) | |
Alistair McKay Alex Price Dennis Towers Tiber Karadag
| 020 7710 7600 |
Shore Capital (Nominated Adviser and Broker) | 020 7408 4090 |
Corporate Advisory: Hugh Morgan / Daniel Bush / Sarah Mather Corporate Broking: Henry Willcocks
| |
Yellow Jersey PR Limited (Financial PR) Joe Burgess / Georgia Colkin / Annabel Atkins
| 077 6932 5254 |
Disclosure requirements of the Code
Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 pm (London time) on the 10th business day following the commencement of the offer period and, if appropriate, by no later than 3.30 pm (London time) on the 10th business day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.
Under Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s), save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing.
If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.
Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).
Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Takeover Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129 if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.