AFH Financial Group Plc commences an Equity Buyback Plan, for 2,000,000 shares, representing 4.71% of its issued share capital, under the authorization approved on March 1, 2019.

AFH Financial Group Plc (AIM:AFHP) commences share repurchases on March 5, 2019 under the program mandated by the shareholders in the Annual General Meeting held on March 1, 2019. As per the mandate, the company is authorized to repurchase up to 2,000,000 shares, representing 4.71% of its issued share capital. The minimum price which may be paid for any ordinary share shall be 95% of the average of the closing middle market price for an ordinary share as derived from the AIM appendix to the London Stock Exchange’s Daily Official List for the five business days immediately prior to the day the purchase is made. The maximum price which may be paid for any ordinary share shall be equal to 105% of the average of the closing middle market price for share as derived from the AIM appendix to the London Stock Exchange’s Daily Official List for the five business days immediately prior to the day the purchase is made. The share repurchase program will expire at the conclusion of the next Annual General Meeting or after 15 months from this repurchase program, whichever is earlier, unless previously varied or revoked. As of January 20, 2019, the company had 42,479,169 ordinary shares in issue.