AFH Financial plans AIM listing to fuel growth plans

Jenna Towler
clock

IFA and discretionary wealth manager AFH Financial Group plans to list on the AIM market of the London Stock Exchange as it eyes future expansion.

The company intends to seek admission of its ordinary shares to trade on AIM in the near future and withdraw from trading on the ISDX Growth Market. The firm said in a statement: "It  has always been the company's intention to move to AIM at an appropriate time and the directors believe  that the company has made sufficient progress while on ISDX such that the move to AIM  is  now  a logical  next step." It added the move would help it attract new investors, raise the profile of the company and assist it raise capital for growth. AFH chief executive Alan  Hudson said: "We believe t...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Equities

Making sense of the great UK equity sell-off

Making sense of the great UK equity sell-off

Ongoing M&A activity proves alluring for some buyers

Darius McDermott
clock 31 January 2025 • 5 min read
Why investing in Asia is the real deal

Why investing in Asia is the real deal

Accumulating as much insight as possible

Gabriel Sacks
clock 31 January 2025 • 5 min read
Equity investing – is it still all about the US?

Equity investing – is it still all about the US?

Investors ignore the US at their peril

Hoshang Daroga
clock 29 January 2025 • 5 min read