AFH Financial Group Plc Director/PDMR Shareholding (4701N)

TIDMAFHP TIDMAFHB

RNS Number : 4701N

AFH Financial Group Plc

24 September 2019

AFH FINANCIAL GROUP PLC

("AFH" or the "Company")

Director/PDMR Dealing

The Board of AFH, a leading financial planning led investment management firm, announces that Mark Chambers, Non-Executive Director, has purchased 8,620 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 290p per Ordinary Share. Following the transaction, Mr Chambers and his wife have a total beneficial interest of 58,223 Ordinary Shares.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                Mark Chambers 
      ----------------------------------  ------------------------------------ 
 2     Reason for the notification 
      ------------------------------------------------------------------------ 
 a)    Position/status                     Non-Executive Director 
      ----------------------------------  ------------------------------------ 
 b)    Initial notification/               Initial notification 
        Amendment 
      ----------------------------------  ------------------------------------ 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------ 
 a)    Name                                AFH Financial Group plc 
      ----------------------------------  ------------------------------------ 
 b)    LEI                                 213800MVLNB5CWDY8X63 
      ----------------------------------  ------------------------------------ 
 4     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of 
        transaction; (iii) each date; and (iv) each place 
        where transactions have been conducted 
      ------------------------------------------------------------------------ 
 a)    Description of                      Ordinary shares of 10 pence 
        the financial 
        instrument, type 
        of instrument 
                                            GB00B4W5WQ08 
        Identification 
        code 
      ----------------------------------  ------------------------------------ 
 b)    Nature of the                       Purchase of ordinary shares 
        transaction 
      ----------------------------------  ------------------------------------ 
 c)    Price(s) and volume(s)                Price(s)   Volume(s) 
                                              290 p      8,620 
                                                        ---------- 
      ----------------------------------  ------------------------------------ 
       Aggregated information 
 
         *    Aggregated volume 
 
                                             8,620 
 
 d)      *    Price                          290p 
      ----------------------------------  ------------------------------------ 
 e)    Date of the transaction             23 September 2019 
      ----------------------------------  ------------------------------------ 
 f)    Place of the transaction            London Stock Exchange 
      ----------------------------------  ------------------------------------ 
 

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 Joint Broker) 020 3100 2000

John Fishley / Richard Bootle / Euan Brown

Shore Capital (Joint Broker) 020 7408 4090

Hugh Morgan / Edward Mansfield / Daniel Bush

Yellow Jersey PR Limited (Financial PR)

077 4884 3871

Felicity Winkles / Joe Burgess / Annabel Atkins

Notes to Editors

AFH Financial Group (AIM: AFHP) is leading UK financial planning-led wealth management firm based in the Midlands. Founded in 1990 by CEO Alan Hudson, the Company provides wealth management and financial advisory services to over 20,000 clients in the UK. These services are delivered by over 450 professional advisers and 400 support staff.

The Company has a defined growth strategy focused on increasing shareholder value through the expansion of the AFH community. This strategy continues to be driven by a combination of organic growth through greater productivity of the Company's advisers and by value accretive acquisitions.

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 [e-mail] or visit www.rns.com.

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September 24, 2019 06:02 ET (10:02 GMT)