TIDMAFHP TIDMTTM

RNS Number : 5930E

AFH Financial Group Plc

19 October 2018

19 October 2018

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 329,000 options to other members of management, all exercisable at 394 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                 625,000           1.49% 
                         -----------------  --------------  ----------------  -------------- 
 Paul Wright 
  (Chief Financial                           Growth Share 
  Officer)                          50,000    Scheme                 482,000           1.15% 
                         -----------------  --------------  ----------------  -------------- 
 Alexis Larvin                               Growth Share 
  (Executive Director)              35,000    Scheme                 237,420           0.57% 
                         -----------------  --------------  ----------------  -------------- 
 Austin Broad                                Growth Share 
  (Executive Director)              35,000    Scheme                 217,420           0.52% 
                         -----------------  --------------  ----------------  -------------- 
 

Following the grant of options, the total number of options outstanding to subscribe for Ordinary Shares in the Company, will be 3,581,000, representing 8.5 per cent. of the Company's issued share capital, of which 1,665,000, representing 3.9 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) 
                                        394                 150,000 
                                                           ---------- 
                                        394                 50,000 
                                                           ---------- 
                                        394                 35,000 
                                                           ---------- 
                                        394                 35,000 
                                                           ---------- 
     -----------------------------  ---------------------------------------- 
 d)   Aggregated information         N/A 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     -----------------------------  ---------------------------------------- 
 e)   Date of the transaction        18 October 2018 
     -----------------------------  ---------------------------------------- 
 f)   Place of the transaction       Outside trading venue - off market 
     -----------------------------  ---------------------------------------- 
 

Enquiries:

AFH Financial Group PLC 01527 577 775

Alan Hudson, Chief Executive Officer

Paul Wright, Chief Financial Officer

www.afhfinancialgroup.com

Liberum Capital Limited 020 3100 2000

(Nominated Adviser and Broker)

John Fishley

Richard Bootle

Euan Brown

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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October 19, 2018 04:00 ET (08:00 GMT)

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