AFH Financial Group Plc Exercise of Options (6652F)

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RNS Number : 6652F

AFH Financial Group Plc

01 August 2016

1 August 2016

AFH Financial Group plc

("AFH" or the "Company")

Exercise of Options

The Board of AFH, a leading financial planning led investment management firm, announces that application has been made for 13,868 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. 3,000 share options have an exercise price of GBP1.00 and 10,868 share options have an exercise price of GBP0.37. The New Ordinary Shares are expected to be admitted to trading on AIM on 2 August 2016.

Following the issue of the New Ordinary Shares, the issued share capital of the Company comprises 24,105,152 ordinary shares of 10 pence, each with one voting right. The Company holds 42,736 Ordinary Shares in treasury which do not carry any voting rights.

The total number of Ordinary Shares carrying voting rights in AFH is therefore 24,062,416. 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.

For further information please contact:

 
 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 / Tom Fyson        020 3100 2000 
 Camarco 
  Geoffrey Pelham-Lane 
  / Jennifer Renwick              0203 757 4985 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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August 01, 2016 02:00 ET (06:00 GMT)