Aferian Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

AIM:AFRN Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
03 Oct 25	SellUK£53	TrinityBridge Limited	Company	2,930	UK£0.018
01 Oct 25	BuyUK£20	Financial Music Limited	Company	99,900	UK£0.0002
01 Oct 25	SellUK£96	TrinityBridge Limited	Company	5,354	UK£0.018
30 Sep 25	SellUK£29	TrinityBridge Limited	Company	1,430	UK£0.021
29 Sep 25	SellUK£137	TrinityBridge Limited	Company	5,761	UK£0.024
05 Nov 24	SellUK£2,794	Kestrel Partners LLP	Company	53,214	UK£0.052

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of AFRN?
Owner Type	Number of Shares	Ownership Percentage
Public Companies	56,515	0.0484%
Private Companies	10,126,815	8.67%
Individual Insiders	13,472,446	11.5%
VC/PE Firms	14,991,231	12.8%
Institutions	78,097,471	66.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 102.67% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
28.2%	Kestrel Partners LLP	31,387,988	UK£549.3k	10.5%	0.33%
15.5%	Premier Fund Managers Ltd.	17,230,704	UK£301.5k	0%	no data
13.5%	Business Growth Fund Limited	14,991,231	UK£262.3k	0%	0.06%
6.91%	Aberdeen Group Plc	7,680,701	UK£134.4k	7.51%	no data
5.61%	Hans Disch	6,233,540	UK£109.1k	67%	no data
4.23%	Michael Bennett	4,705,000	UK£82.3k	0%	no data
4.15%	Hargreaves Lansdown Asset Management Ltd.	4,612,450	UK£80.7k	1.48%	no data
3.91%	24i Unit Media B.V.	4,346,195	UK£76.1k	0%	no data
3.81%	TrinityBridge Limited	4,232,083	UK£74.1k	-19.7%	no data
2.99%	First Seagull AS	3,320,000	UK£58.1k	-47.3%	no data
1.93%	Financial Music Limited	2,150,022	UK£37.6k	0%	no data
1.86%	Martijn van Horssen	2,070,989	UK£36.2k	0%	no data
1.28%	Chelverton Asset Management Limited	1,421,629	UK£24.9k	0%	no data
1.17%	Oberon Investments Group Plc	1,300,000	UK£22.8k	0%	0.01%
1.12%	Peel Hunt LLP	1,248,949	UK£21.9k	-20.1%	0.01%
1%	HBOS Investment Fund Managers Limited	1,113,076	UK£19.5k	-2.98%	no data
0.86%	Brewin Dolphin Limited	960,763	UK£16.8k	0%	no data
0.84%	Raymond James Wealth Management Limited	932,987	UK£16.3k	0%	no data
0.82%	Canaccord Genuity Wealth (International) Ltd.	907,714	UK£15.9k	-0.41%	no data
0.66%	Barclays Bank PLC	730,384	UK£12.8k	-19%	no data
0.63%	HSBC Global Asset Management (UK) Limited	700,851	UK£12.3k	-12.1%	no data
0.59%	EFG Bank AG	661,150	UK£11.6k	0%	no data
0.57%	Puma Investment Management Limited	630,684	UK£11.0k	0%	0.01%
0.31%	Standard Bank Group Limited	344,531	UK£6.0k	0%	no data
0.24%	Acadian Asset Management LLC	268,127	UK£4.7k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/10 03:54
End of Day Share Price	2025/10/10 00:00
Earnings	2025/05/31
Annual Earnings	2024/11/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Aferian Plc is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Andrew Murray Darley	Cavendish
Julian Yates	Investec Bank plc (UK)
Andrew Blain	Investec Bank plc (UK)