AFH Financial Group Plc Exercise of Options (6998L)

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RNS Number : 6998L

AFH Financial Group Plc

01 May 2020

1 May 2020

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 8,268 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 under the AFH Save as you Earn 2017 option scheme; The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of the Company.

The share options have an exercise price of GBP1.48. The New Ordinary Shares are expected to be admitted to trading on AIM on 5 May 2020.

Following the issue of the New Ordinary Shares, the issued share capital of the Company will comprise 42,949,393 ordinary shares of 10 pence each.

The total number of ordinary shares carrying voting rights in AFH is therefore 42,949,393. 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 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)                                07748 843 871 

Felicity Winkles / Tim Thompson / Annabel Atkins

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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May 01, 2020 08:53 ET (12:53 GMT)