Consolidator AFH ups latest share issue to £17.5m

AFH said it had increased the size of its second share issue of 2017 to meet investor demand. It originally wanted to raise £15m but has increased the total to £17.5m AFH chief executive Alan Hudson explained all its current institutional investors had increased their stakes in the group. "Following on the success of our last issue, we see this as demonstrating continuing confidence in the company and an endorsement of its strategy," he said. The money raised will give AFH a £20m-plus war chest to continue its twin-track expansion strategy of merging with other companies and contin...