News Summary:
Aferian PLC shares plummeted 22% to 0.35 pence on Friday, February 13, 2026, in London, despite an earlier rise to 0.80p after the market opened. This decline occurred after the company announced extensions to its banking facilities and stated it is in "advanced discussions" concerning alternatives to its formal sale process. Earlier on Friday, shares had jumped 78% to 0.8p after Aferian secured a further short-term extension to its $16.5 million secured banking facilities, as it seeks to sell its businesses or the company itself. On February 12, 2026, Aferian officially announced the extension of its secured banking facilities, pushing the repayment date to February 13, 2026. This most recent extension follows previous short-term extensions from September 29, 2025, November 29, 2025, December 12, 2025, and January 30, 2026, which collectively extended the original September 30, 2025, expiry date.