AFH shareholders confirm £15m of acquisition funding

With the resolutions put to shareholders at the meeting earlier today (29 July) to approve the placing to raise £15m - before expenses - duly passed, AFH said it expected the CULS 2024, which will pay 4% interest a year, would be admitted to trading on the International Securities Market and that dealings would start at 8am tomorrow. The company has previously stated that holders would be able to convert their loan stock into ordinary shares on a quarterly basis throughout the life of the CULS, starting on 31 December 2019, with the final conversion date being on 30 June 2024. 'Strong...