AFH shareholders confirm £15m of acquisition funding

Convertible unsecured loan stock

Julian Marr
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“This successful fundraise emphasises the consistent support we have had from institutional investors" - AFH's Alan Hudson
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“This successful fundraise emphasises the consistent support we have had from institutional investors" - AFH's Alan Hudson

Consolidator AFH Financial Group is set for further acquisitions after the issue of £15m of convertible unsecured loan stock (CULS) was approved at a general meeting of the company's shareholders this morning.

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 ...

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