AFH Financial Group Plc Repurchase of CULS (2970I)
01 April 2020 - 2:46AM
UK Regulatory
TIDMAFHP TIDMAFHB
RNS Number : 2970I
AFH Financial Group Plc
31 March 2020
31 March 2020
AFH FINANCIAL GROUP PLC
("AFH" or the "Company")
Repurchase of CULS
AFH Financial Group PLC (AIM: AFHP), a leading financial
planning-led wealth management firm, announces that the Company has
today repurchased a portion of its 4.0 per cent. convertible
unsecured loan stock due 2024 ("CULS") for consideration of
GBP4,350 each, representing a discount of 13% to the nominal face
value of the CULS. The aggregate outstanding nominal amount of the
CULS remaining in issue is GBP13.6m.
Enquiries:
AFH Financial Group PLC
Alan Hudson, Chief Executive Officer
Paul Wright, Chief Financial Officer +44 (0)1527 577
www.afhfinancialgroup.com 775
Liberum (Nominated Adviser and Joint Broker)
Richard Bootle / Euan Brown / Kane Collings +44 (0)20 3100 2000
Shore Capital (Joint Broker)
Hugh Morgan / Edward Mansfield / Daniel Bush +44 (0)20 7408 4090
Yellow Jersey PR (Financial PR) +44 (0) 20 3004
Joe Burgess / Georgia Colkin / Annabel Atkins 9512
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 rns@lseg.com or visit www.rns.com.
END
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March 31, 2020 11:46 ET (15:46 GMT)
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