AFH Financial Group plc’s Convertible Unsecured Loan Stock Placing


Gowling WLG’s Equity Capital Markets team advised Liberum Capital Limited and Shore Capital Stockbrokers Limited, as joint placing agents, in respect of the placing of £15 million of 4 per cent. convertible unsecured loan stock 2024 issued by AIM quoted AFH Financial Group plc

The Placing was implemented by way of an accelerated bookbuild.

The CULS, which required the publication of Admission Particulars by AFH, were admitted to trading on the International Securities Market of the London Stock Exchange on 30 July 2019.

AFH Financial Group PLC is an investment advisory firm serving the affluent and high net worth market. The Company is focused on providing unbiased advice on a comprehensive range of financial products. AFH Financial’s advisory services encompass discretionary and advisory investment management, pensions, tax and financial planning, mortgages, and life cover.

Liberum and Shore Capital were advised by Gowling WLG corporate partner Nick Heather (Picture).

Involved fees earner: Nick Heather – Gowling WLG;

Law Firms: Gowling WLG;

Clients: Liberum Capital Limited ; Shore Capital Stockbrokers Limited;