Shore Capital acts as Joint Placing Agent on £15 million placing for AFH



Shore Capital is pleased to have acted as Joint Placing Agent on a successful placing of convertible unsecured loan stock for AFH Financial Group plc (“AFH”), the leading financial planning led wealth management firm.

AFH successfully raised £15 million through the conditional issue of 4.0 per cent convertible unsecured loan stock 2024 in denominations of £5,000 each, at a price of £5,000 per unit.

The net proceeds will be used to execute on the company’s acquisition pipeline and for general corporate purposes.

Full announcement available here: 


For more information, please contact:

Hugh Morgan

Edward Mansfield

Daniel Bush


For media enquiries, please contact:

Adele Gilbert


Note to editor

About Shore Capital

We are an independent securities business offering institutional and corporate clients leading investment banking, research, sales and trading services, including fixed income.  We are represented across the UK enabling extensive distribution and institutional coverage. This distribution capability is complemented by our experienced corporate advisory and broking team who offer discreet, innovative and valued advice to companies on both the Main Market and AIM.  Shore Capital is also the 3rd largest market maker by number of AIM stocks covered.

Our cross-disciplinary team has deep, market leading experience in a wide range of small and mid-cap UK companies within the following sectors: Consumer, Financials, Healthcare, Insurance, Natural Resources, Real Estate, Support Services, Technology and Media. Our research on over 250 companies is distributed to an extensive institutional client base in the UK and Europe.

Shore Capital is a trading name of both Shore Capital Stockbrokers Limited and Shore Capital and Corporate Limited.