AFH Financial Group Plc Grant of Options (9222T)
November 19 2019 - 6:34AM
UK Regulatory
TIDMAFHP TIDMAFHB
RNS Number : 9222T
AFH Financial Group Plc
19 November 2019
19 November 2019
AFH FINANCIAL GROUP PLC
("AFH" or the "Company")
Grant of Options
The Board of AFH, a leading financial planning led investment
management firm, announces that it has granted 270,000 options to
the Company's Executive Directors and a further 210,000 options to
other members of management, exercisable at 301 pence per Ordinary
Share, under the Company's growth share and CSOP schemes. These are
exercisable after three years subject to the satisfaction of
performance criteria.
Name Number of Type of grant Total number Per cent.
Options granted of Options of current
held following issued share
grant capital
Alan Hudson
(Chief Executive Growth Share
Officer) 150,000 Scheme 775,000 1.81%
----------------- -------------- ---------------- --------------
Paul Wright
(Chief Financial Growth Share
Officer) 50,000 Scheme 482,000 1.13%
----------------- -------------- ---------------- --------------
Alexis Larvin Growth Share
(Executive Director) 35,000 Scheme 272,420 0.64%
----------------- -------------- ---------------- --------------
Austin Broad Growth Share
(Executive Director) 35,000 Scheme 252,420 0.59%
----------------- -------------- ---------------- --------------
Following the grant of options, the total number of options
outstanding to subscribe for Ordinary Shares in the Company, will
be 3,980,626, representing 9.3 per cent. of the Company's issued
share capital, of which 1,885,425, representing 4.41 per cent. of
the Company's issued share capital, are held by existing directors
of AFH.
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 1. Alan Hudson
2. Paul Wright
3. Alexis Larvin
4. Austin Broad
----------------------------- ----------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status 1. Chief Executive Officer
2. Chief Financial Officer
3. Executive Director
4. Executive Director
----------------------------- ----------------------------------------
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 1. Grant of Options
transaction 2. Grant of Options
3. Grant of Options
4. Grant of Options
----------------------------- ----------------------------------------
c) Price(s) and volume(s) Exercise Price(s) Volume(s)
301 150,000
----------
301 50,000
----------
301 35,000
----------
301 35,000
----------
----------------------------- ----------------------------------------
d) Aggregated information N/A
* Aggregated volume
* Price
----------------------------- ----------------------------------------
e) Date of the transaction 19 November 2019
----------------------------- ----------------------------------------
f) Place of the transaction Outside trading venue - off market
----------------------------- ----------------------------------------
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 Broker)
John Fishley/Richard Bootle/Euan Brown +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 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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