AFH Financial Group Plc Issue of Equity (6089F)
2017年5月19日 - 3:00PM
RNSを含む英国規制内ニュース (英語)
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RNS Number : 6089F
AFH Financial Group Plc
19 May 2017
19 May 2017
AFH FINANCIAL GROUP PLC
("AFH" or the "Company")
Issue of shares in respect of Deferred Consideration to CIB
Wealth Management LLP
AFH, a leading financial planning led wealth management firm,
announces the payment of the final tranche of deferred
consideration for the acquisition of the assets of CIB Wealth
Management LLP, details of which were originally announced on 2
March 2015.
Earn-out consideration includes 6,375 ordinary shares of 10
pence each ("Deferred Consideration Shares") and has been settled
with CIB Wealth Management LLP pursuant to the terms of the
acquisition. The value of the Deferred Consideration Shares equates
to GBP11,962, based on the average mid-market price of 187.64 pence
for the five days ended 5 May 2017.
The Deferred Consideration Shares have been satisfied by the
Company through the issue of 6,375 new ordinary shares of 10 pence
each in the Company ("New Ordinary Shares") on 19 May 2017.
Application will be made shortly for the New Ordinary Shares to
be admitted to trading on the AIM market of the London Stock
Exchange ("Admission") and it is expected that Admission will
become effective on 24 May 2017.
Following the issue of the New Ordinary Shares, the issued share
capital of the Company comprises 30,098,190 ordinary shares of 10
pence, each with one voting right. Therefore the total number of
ordinary shares and voting rights in the Company is 30,098,190.
The above figure may be used by shareholders in the Company 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, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
Enquiries:
AFH Financial Group PLC 01527 577 775
Alan Hudson, Chief Executive Officer
Paul Wright, Chief Financial Officer
www.afhfinancialgroup.com
Liberum (Nominated Adviser and Broker) 020 3100 2000
John Fishley / Richard Bootle
This information is provided by RNS
The company news service from the London Stock Exchange
END
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May 19, 2017 02:00 ET (06:00 GMT)
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