AFH issues shares to fund flurry of further acquisitions

The shares are worth 10 pence each and will be used to continue to grow the company through the purchase of other, smaller companies. A spokesperson at AFH told Professional Adviser the firm has an "active pipeline" of acquisitions lined up, but wouldn't divulge any further information on acquisition numbers or approximate dates. The spokesperson said the acquisitions were all at different stages. "We have a very active acquisitions pipeline. The company's business model to [grow] through raising money from the market is not to take on debt - we don't have any unsecure debt - and so a...