AFH Financial Group Plc

October 23, 2013 02:00 ET

Miscellaneous high priority announcements

                                                                                            23 October 2013
                                          AFH Financial Group PLC
                                         ("AFH" or the "Company")
                                          GBP 500,000 Fundraising
AFH  Financial  Group  PLC,  a  leading independent financial advisory  ("IFA")  and  discretionary  wealth
management  firm,  is  pleased  to announce that it has raised GBP 500,000 through  the  issue  of  418,410
ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 119.5 pence per share.

The  proceeds  of  this issue will be used to provide additional working capital for  the  Company  and  to
finance potential future acquisitions.

Following  this  issue,  Philip  and  Lynn  Mobberley     are  interested  in  1,896,492  Ordinary  Shares,
representing 11.1 per cent. of the Company's enlarged issued share capital of 17,114,508 Ordinary Shares.

       The directors of AFH Financial Group PLC are responsible for the content of this announcement


AFH Financial Group PLC                                                                01527 577 775
Alan Hudson, Chairman and Chief Executive

Peterhouse Corporate Finance Limited                                                   020 7469 0930
Mark Anwyl or Duncan Vasey

Yellow Jersey PR Limited                                                               07768 537 739
Dominic Barretto or Kelsey Traynor

Contact Information

  • AFH Financial Group Plc