TIDMAFHP

RNS Number : 3516T

AFH Financial Group Plc

03 October 2014

3 October 2014

AFH Financial Group plc

("AFH or the "Company")

(AIM: AFHP)

Grant of Options

The Board of AFH, a leading financial planning led investment management firm, announces that, on 1 October 2014, the Company granted Toby Denne, the Chief Investment Officer of the Company, 64,781 options to subscribe for new ordinary shares of 10 pence each in the Company (the "New Options") on the terms detailed below.

 
 Director                  Current      Number of     Exercise   Total Number    Total Number 
                            Number    New Options    Price (in     of Options      of Options 
                        of Options        Granted       pence)       Now Held       held as a 
                              Held                                                 Percentage 
                                                                                   of Current 
                                                                                 Issued Share 
                                                                                      Capital 
--------------------  ------------  -------------  -----------  -------------  -------------- 
 Toby Denne 
  (Chief Investment 
  Officer)                 197,857         64,781        151.5        262,638           1.36% 
--------------------  ------------  -------------  -----------  -------------  --------------

The New Options have an exercise price of 151.5 pence per share and will lapse if unexercised after 10 years from the date of grant. The New Options have been granted outside of the Company's existing share option schemes as unapproved share options.

In addition to the New Options, Toby Denne holds 197,857 options divided into the following categories:

(i) 5,000 Contractors Options granted on 1 August 2012 at an exercise price of 100 pence per share, with an expiry date of 1 August 2022;

(ii) 100,000 EMI Options granted on 13 January 2014 at an exercise price of 120 pence per share, with an expiry date of 12 January 2024;

(iii) 88,435 EMI Options granted on 21 July 2014 at an exercise price of 147 pence per share , with an expiry date of 21 July 2024; and

(iv) 4,422 unapproved options granted on 21 July 2014 at an exercise price of 140 pence per share, with an expiry date of 21 July 2024.

Toby Denne is beneficially interested in 434,411 ordinary shares of 10p each in the Company representing 2.25% of the current issued share capital of the Company.

The options referred to in (iii) and (iv) above replace Toby Denne's 92,857 EMI options referred to in the Company's admission document published on 23 June 2014 and announced on 24 June 2014.

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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