AFH Financial buys IFA firms in Scotland and South West for £1.07m
19th Jan 2017 08:38
(ShareCast News) - AIM-listed wealth management company AFH Financial Group has bought independent financial advisory firms, Shield Direct and Aberdeen Wealth Management, for a collective £1.07m. The acquisitions are the company's second and third transactions of the current financial year, followin
Read moreAFH Financial gobbles up David Rushton
7th Dec 2016 13:57
(ShareCast News) - Financial planning-led wealth management firm AFH Financial has agreed the acquisition of the assets of David Rushton Associates, a Lancashire-based IFA. The AIM-traded firm said following the acquisition David Rushton, the vendor, will join AFH. Under the terms, the maximum cons
Read moreAFH drops Lighthouse bid, blames uncooperative board
23rd Mar 2016 15:13
(ShareCast News) - AFH Financial Group dropped its interest in acquiring Lighthouse Group on Wednesday, blaming a lack of engagement from its target for the decision. The AIM-traded company made an initial approach on 9 March, and confirmed its interest in Lighthouse on 17 March following a 35% pric
Read moreLighthouse rejects AFH Financial bid
17th Mar 2016 15:22
(ShareCast News) - Wealth manager AFH Financial Group has confirmed its takeover proposal to the board of financial adviser Lighthouse Group at 13p per share has been rejected. Worcestershire-based AFH, which is listed on the UK main market and describes itself as a financial planning led wealth man
Read moreAFH Financial Group reports surge in full year earnings
25th Jan 2016 15:34
(ShareCast News) - AFH Financial Group achieved a surge in full year earnings as revenues rose more than market expectations, the company reported on Monday. The financial planning-led wealth management firm said earnings before interest tax, depreciation and amortisation (EBIDTA) jumped 115% to £2.
Read moreAFH Financial set to beat market expectations for the full year
9th Nov 2015 12:11
(ShareCast News) - AFH Financial expects its results for the twelve months to the end of October to be above market expectations following a strong second half performance. The financial planning led investment management firm said it expects revenue for the year to exceed £20m, which would mark a 3
Read moreAFH appoints two new executive directors
2nd Oct 2015 11:53
(ShareCast News) - Investment management firm AFH Financial Group has appointed Alexis James and Austin Broad to the board as executive directors. James has compliance experience in the financial services sector and is currently group head of risk, while Broad has experience as an independent finan
Read moreAFH Financial CIO Toby Denne steps down
1st Sep 2015 10:11
(ShareCast News) - AFH Financial's executive director and chief investment officer, Toby Denne, has stepped down from the board with immediate effect. The wealth management firm said Denne was leaving to focus on other business interests but remains a significant shareholder in the company. Chief e
Read moreAFH Financial shares up on acquisition
6th Aug 2015 09:56
(ShareCast News) - Shares in investment management firm AFH Financial Group rose on the news it had purchased a Devon based independent financial adviser. AIM listed AFH rose by 4.11% to 152p at 1026 BST after it said it had bought Davidsons Financial Management in a deal worth up to £2.856m. DFM w
Read moreAFH Financial Group's investment officer increases stake
28th May 2015 15:18
AFH Financial Group's chief investment officer has bought some shares, the company said on Thursday. Toby Denne purchased 20,000 shares for 145p each, spending a total of £29,000. Following the transaction, Denne holds 454,411 ordianry shares in the company, which represents 2.27% of the group's is
Read moreBwin.party CEO and chairman show support after losses widen
29th Aug 2014 17:16
Purchases were made by both the chief executive officer and chairman of Bwin.party on Friday after the online gaming group posted wider first half losses. Chief executive Norbert Teufelberger acquired £206,203-worth of shares, paying 82.48p for each of the 250,000 shares. Chairman Philip Yea boug
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