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 pay...
£800,000 annual fee income
Private equity-backed business
Northants and Cambs client base
First acquisition of 2021
Due diligence challenges
Completes legal process
Scepticism towards companies' commitments
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