AFH Financial Group Plc
LSE : AFHP

October 09, 2013 02:00 ET

Completion of Equity Issue and of GBP 2.8 million Fundraising

                                                                                             9 October 2013
                                                                                               GB00B4W5WQ08
                                                     
                                          AFH FINANCIAL GROUP PLC
                                         ("AFH" or the "Company")

                       Completion of Equity Issue and of GBP 2.8 million Fundraising
                                                     
AFH  Financial  Group  PLC,  a  leading independent financial advisory  ("IFA")  and  discretionary  wealth
management firm, is pleased to confirm that the fundraising announced on 21 August 2013 has been completed.
A  further  673,522 ordinary shares of 10p each in the Company ("Ordinary Shares") have been  issued  at  a
price  of GBP 1.09 per share (the "Equity Issue") following the receipt of cleared funds and completion  of
SIPP  account  arrangements.  The  issued share capital of the Company now  comprises  16,696,098  Ordinary
Shares.

The gross proceeds of the Equity Issue and the issue by the Company of 8% Unsecured Bonds due 2020 amounted
to  approximately GBP 2.8 million and are being used to provide additional working capital for the  Company
and to finance potential future acquisitions.

The Directors of AFH Financial Group PLC are responsible for the contents of this announcement.

Enquiries:                                             
                                                       
AFH Financial Group PLC                                                                       01527 577 775
Alan Hudson, Chairman and Chief Executive              
www.afhfinancialgroup.com
                                                       
Peterhouse Corporate Finance Limited                                                          020 7469 0930
Mark Anwyl or Duncan Vasey                             
                                                       
Yellow Jersey PR Limited                                                                      07768 537 739
Dominic Barretto or Kelsey Traynor                                                                         



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