Consolidator AFH grants £2.4m in share options to directors and management

Raised £15m earlier this week

Tom Ellis
clock • 1 min read

Consolidator AFH has granted 599,000 share options to the company's executive directors and other members of its management at 394p per ordinary share, it has revealed.

The options have been granted under the firm's growth share and company share option plans. CEO Alan Hudson was granted 150,000 options - worth almost £600,000 at the current 394p share price - under the most recent issue, taking his total number of options held to 625,000, which is worth some £2.4m . Chief financial officer Paul Wright was granted 50,000 options, while executive directors Alexis Larvin and Austin Broad were granted 35,000 each. The options are exercisable after three years of issue subject to performance criteria. Earlier this week, the firm completed a £15m fundrais...

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 Companies

Tavistock acquires asset manager and moves forward with Saltus advice sale

Tavistock acquires asset manager and moves forward with Saltus advice sale

Will receive £22m by 2 December

Isabel Baxter
clock 22 November 2024 • 2 min read
The Penny Group adds £90m of assets with Surrey planning firm buy

The Penny Group adds £90m of assets with Surrey planning firm buy

Chartered firm snaps up Whiting Financial

Isabel Baxter
clock 20 November 2024 • 2 min read
FSCS declares Stoke-on-Trent advice firm failed for pension transfer advice

FSCS declares Stoke-on-Trent advice firm failed for pension transfer advice

Norrix Financial Services was dissolved this month

Isabel Baxter
clock 20 November 2024 • 1 min read