AFH Financial Group Plc Director/PDMR Shareholding (9208A)

TIDMAFHP TIDMAFHB

RNS Number : 9208A

AFH Financial Group Plc

24 January 2020

AFH FINANCIAL GROUP PLC

("AFH" or the "Company")

Director/PDMR Dealing

AFH Financial Group PLC, a leading financial planning led wealth management firm, announces that the Company has been notified that Alan Hudson, Chief Executive Officer, has today sold 600,000 ordinary shares, representing 1.4% of the Company, for tax planning purposes.

Mr Hudson remains strongly aligned to the long term success of AFH and will continue to hold 5,955,700 ordinary shares representing 13.9% of the issued share capital of the Company. In addition, he has confirmed he has no plans to sell any further shares for 12 months.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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                                      Alan Hudson 
     -----------------------------  ---------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status                           Chief Executive Officer 
     -----------------------------  ---------------------------------------- 
 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                  GB00B4W5WQ08 
       instrument, type 
       of instrument 
       Identification 
       code 
     -----------------------------  ---------------------------------------- 
 b)   Nature of the                  Sale of ordinary shares 
       transaction 
     -----------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)           Price(s)   Volume(s) 
                                        383p       600,000 
                                                  ---------- 
     -----------------------------  ---------------------------------------- 
 d)   Aggregated information         N/A 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     -----------------------------  ---------------------------------------- 
 e)   Date of the transaction        24 January 2020 
     -----------------------------  ---------------------------------------- 
 f)   Place of the transaction       London Stock Exchange 
     -----------------------------  ----------------------------------------

Enquiries:

 
  AFH Financial Group PLC 
   Alan Hudson, Chief Executive Officer 
   Paul Wright, Chief Financial Officer    +44 (0) 1527 
   www.afhfinancialgroup.com                577 775 
 Liberum (Nominated Adviser and 
  Broker)                                  +44 (0) 20 3100 
  Richard Bootle / Euan Brown               2000 
 Shore Capital (Joint Broker) 
  Hugh Morgan / Edward Mansfield           +44 (0) 20 7408 
  / Daniel Bush                             4090 
 Yellow Jersey PR Limited (Financial 
  PR) 
  Joe Burgess / Georgia Colkin /           +44 (0) 20 3004 
  Annabel Atkins                            951

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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January 24, 2020 12:00 ET (17:00 GMT)

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