TIDMAFHP

RNS Number : 1143R

AFH Financial Group Plc

08 September 2014

8 September 2014

AFH Financial Group plc

("AFH or the "Company")

(AIM: AFHP)

Directors' Dealings

AFH, a leading financial planning led wealth management firm, announces that, on 5 September 2014, Mark Chambers, a Non-Executive Director of the Company, acquired 20,000 ordinary shares of 10 pence each in the Company (the "Ordinary Shares") at 150 pence per Ordinary Share from the Company's Chief Executive Officer Alan Hudson in an off-market transaction (the "Transaction").

The revised interests of the directors who acquired or disposed of Ordinary Shares pursuant to the Transaction are as follows:

 
 Director                       Number         Percentage          Number of             Number         Percentage 
                           of Ordinary          of issued           Ordinary        of Ordinary          of issued 
                                Shares      share capital    Shares disposed             Shares      share capital 
                           held before     in the Company     of or acquired     held following     in the Company 
                       the Transaction        held before                       the Transaction     held following 
                                          the Transaction                                          the Transaction 
-------------------  -----------------  -----------------  -----------------  -----------------  ----------------- 
 Alan Hudson 
  (Chief Executive 
  Officer)                   7,575,700             39.22%             20,000          7,555,700             39.11% 
-------------------  -----------------  -----------------  -----------------  -----------------  ----------------- 
 Mark Chambers 
  (Non-Executive 
  Director)                          -                  -             20,000             20,000              0.10% 
-------------------  -----------------  -----------------  -----------------  -----------------  -----------------

Allenby Capital Limited, the Company's nominated adviser and broker, and the Company have agreed to waive Alan Hudson's obligations under the lock-in deed entered into at the time of the Group's IPO in June 2014 only in respect of the 20,000 Ordinary Shares that Alan Hudson has sold.

For further information please contact:

AFH Financial Group PLC +44 (0)1527 577 775

Alan Hudson, Chief Executive Officer

Paul Wright, Chief Financial Officer

Allenby Capital Limited +44 (0)20 3328 5656

(Nominated Adviser and Broker)

Nick Naylor

Chris Crawford

Nick Athanas

Yellow Jersey PR Limited +44 (0)7799 003 220

(Financial PR)

Dominic Barretto

Kelsey Traynor

This information is provided by RNS

The company news service from the London Stock Exchange

END

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