AFH Financial Group Plc Grant of Options (6109W)
16 Novembre 2017 - 8:01AM
UK Regulatory
TIDMAFHP TIDMTTM
RNS Number : 6109W
AFH Financial Group Plc
16 November 2017
16 November 2017
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 210,000 options to
the Company's Executive Directors and a further 220,000 options to
other members of management, all exercisable at 250 pence per
Ordinary Share, under the Company's growth share scheme. These are
exercisable as to 50% after three years subject to the satisfaction
of performance criteria and the remaining 50% after the fifth
anniversary of grant.
Name Number Type of Total number Per cent.
of Options grant of Options of current
granted held following issued
grant share capital(1)
------------------- ------------ -------------- ---------------- ------------------
Alan Hudson
(Chief Executive Growth
Officer) 125,000 Share Scheme 475,000 1.26%
------------------- ------------ -------------- ---------------- ------------------
Paul Wright
(Chief Financial Growth
Officer) 40,000 Share Scheme 382,000 1.02%
------------------- ------------ -------------- ---------------- ------------------
Alexis Larvin
(Executive Growth
Director) 25,000 Share Scheme 202,420 0.54%
------------------- ------------ -------------- ---------------- ------------------
Austin Broad
(Executive Growth
Director) 20,000 Share Scheme 182,420 0.49%
------------------- ------------ -------------- ---------------- ------------------
(1) Assumes that the new Ordinary Shares issued pursuant to the
Placing announced on 15 November 2017 are admitted to trading on
AIM
Following the grant of options, and assuming that the new
Ordinary Shares placed pursuant to the Placing announced on 15
November 2017 are admitted to trading on AIM, the total number of
options outstanding to subscribe for Ordinary Shares in the
Company, will be 2,857,000, representing 7.6 per cent. of the
Company's issued share capital, of which 1,345,425, representing
3.6 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. Alex 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 Ordinary shares of 10 pence
of the financial GB00B4W5WQ08
instrument,
type of instrument
Identification
code
--- ------------------------- -----------------------------------
b) Nature of 1. Grant of Options
the transaction 2. Grant of Options
3. Grant of Options
4. Grant of Options
--- ------------------------- -----------------------------------
c) Price(s) and Exercise Volume(s)
volume(s) Price(s)
---------- ----------
250p 125,000
---------- ----------
250p 40,000
---------- ----------
250p 25,000
---------- ----------
250p 20,000
---------- ----------
--- ------------------------- -----------------------------------
d) Aggregated N/A
information
* Aggregated volume
* Price
--- ------------------------- -----------------------------------
e) Date of the 15 November 2017
transaction
--- ------------------------- -----------------------------------
f) Place of the Outside trading venue - off market
transaction
--- ------------------------- -----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHFFEFLIFWSEEF
(END) Dow Jones Newswires
November 16, 2017 02:01 ET (07:01 GMT)
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