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Treasury Shares

17 Oct 2016 14:43

RNS Number : 7349M
AFH Financial Group Plc
17 October 2016
 

17 October 2016

AFH Financial Group PLC

("AFH", or the "Company")

 

Treasury Shares

 

AFH, a leading financial planning led wealth management firm, announces that, on 14 October 2016, it purchased 4,000 ordinary shares of 10p each in the Company (the "Ordinary Shares") into its treasury holdings at a price of 164 pence per Ordinary Share (the "Purchase"). The Purchase was in accordance with the terms of the Company's general authority granted to it by shareholders of the Company at the annual general meeting held on 3 March 2016.

 

On 17 October 2016, 39,383 ordinary shares held in treasury were used to satisfy the share component of one of the Company's deferred consideration obligations (the "Sale").

 

The Company advises that, following the Purchase and the Sale, the Company's issued ordinary share capital remains unchanged and the total number of ordinary shares of 10 pence each in issue is 24,105,152. The Company retains 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 24,104,735. 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 can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

 

Enquiries:

 

AFH Financial Group PLC

Alan Hudson, Chief Executive Officer

Paul Wright, Chief Financial Officer

www.afhfinancialgroup.com

 

01527 577 775

Liberum (Nominated Adviser and Broker)

John Fishley / Richard Bootle

 

020 3100 2000

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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