Share boost for AFH directors

WORCESTERSHIRE IFA AFH Group has announced it has received formal approval from HMRC for its growth share scheme.

The Bromsgrove-based group, a leading financial planning-led investment management firm, said that as a consequence it had granted an aggregate of 280,000 options to the company’s executive directors under the growth share scheme.

The options were granted at a price of 171.50p each, being the closing price on February12, the last trading day before the grant of options.
 
The growth share scheme options will vest on the third anniversary of the grant date and are subject to performance conditions.