AFH Financial Group Plc Exercise of Options (4656H)
August 01 2019 - 2:01AM
UK Regulatory
TIDMAFHP TIDMAFHB
RNS Number : 4656H
AFH Financial Group Plc
01 August 2019
1 August 2019
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
104,554 new ordinary shares of 10 pence each in the Company (the
"New Ordinary Shares") to be admitted to trading on AIM. 78,971 New
Ordinary Shares have been issued and allotted pursuant to the
exercise of share options under the AFH EMI Share Option Plan;
8,179 New Ordinary Shares have been issued and allotted pursuant to
the exercise of share options under the AFH Financial Group Plc
Share Save Plan 2016; 17,404 New Ordinary Shares have been issued
and allotted pursuant to the exercise of share options under the
AFH Financial Group Growth Share Scheme. The New Ordinary Shares
will rank pari passu in all respects with the existing ordinary
shares of the Company.
8,179 of the share options have an exercise price of GBP1.54,
5,320 of the share options have an exercise price of GBP1.505;
6,666 of the share options have an exercise price of GBP1.65; 2,400
of the share options have an exercise price of GBP1.00; 29,585 of
the share options have an exercise price of GBP1.69; 35,000 of the
share options have an exercise price of GBP1.20. The 17,404
Ordinary Shares issued in respect of the Growth Share Scheme were
issued at a price of GBP3.16. The New Ordinary Shares are expected
to be admitted to trading on AIM on 6 August 2019.
Following the issue of the New Ordinary Shares, the issued share
capital of the Company will comprise 42,785,979 ordinary shares of
10 pence each. The Company retains 61,335 Ordinary Shares in
treasury which do not carry any voting rights.
The total number of Ordinary Shares carrying voting rights in
AFH is therefore 42,724,644. 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 01527 577 775
Alan Hudson, Chief Executive Officer
Paul Wright, Chief Financial Officer
Liberum (Nominated Adviser and Broker) 020 3100 2000
John Fishley /Richard Bootle /Euan Brown
Yellow Jersey PR Limited (Financial PR) 07748 843 871
Felicity Winkles/Tim Thompson/Annabel Atkins
This announcement is released by AFH Financial Group plc and
contains inside information for the purposes of Article 7 of the
Market Abuse Regulation (EU) 596/2014 (MAR), and is disclosed in
accordance with the Company's obligations under Article 17 of
MAR.
For the purposes of MAR and Article 2 of Commission Implementing
Regulation (EU) 2016/1055, this announcement is being made on
behalf of the Company by Paul Wright, Chief Financial Officer.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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