AFH completes £15m fund-raising for new acquisitions
Share issue oversubscribed
Alan Hudson: “We are pleased and grateful for the continued support of our existing shareholders and happy to welcome some significant new institutional partners."
Consolidator AFH has confirmed the completion of today's fund-raising, which saw the company hit its £15m target through the issue of 4,054,055 new ordinary shares at 370p each.
The oversubscribed issue, the proceeds of which will be used to finance the company's acquisition pipeline, follows a previous share issue in November 2017, which raised £16.8m net. In a statement,...
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