24 June 2024
Alpha
Group International plc
("Alpha"
or the "Group")
FTSE 250
Inclusion
Alpha
Group International plc
Alpha Group International plc
("Alpha" or the "Group") (LON: ALPH), a leading global provider of
financial solutions to corporations and institutions, is pleased to
confirm that it has today joined the FTSE 250.
Alpha's inclusion in the FTSE 250
index comes less than eight years after its IPO on AIM in 2017. In
that time, the company has grown from a UK team of less than 40
people transacting circa £1bn per annum, to a team of over 480
across ten global offices, transacting more than £60bn in 2023. The
company's market capitalisation has subsequently increased more
than 15x, from £64m at its Admission to AIM in 2017 to over £1bn at
the time of this announcement.
Reaching this milestone underscores
the company's consistent financial performance, the success of its
organic growth strategy, and the strength of its high-performance
culture.
Morgan Tillbrook, Founder & CEO
of Alpha Group said:
"Joining the FTSE 250 is a major
milestone for Alpha. This recognition is a testament to the hard
work and dedication of our team, their unwavering commitment to
growth and innovation, and the trust and support of our clients and
investors alike. I am very excited about the future for Alpha, and
look forward to us continuing our trajectory of growth and
delivering value to our shareholders in the years
ahead."
Enquiries:
|
Alpha Group International plc
Morgan Tillbrook, Founder and
CEO
Tim Powell, CFO
|
Via Alma Strategic
Communications
|
|
Peel
Hunt (Joint Broker)
Neil Patel
Kate Bannatyne
Adam Telling
|
+44 (0) 20 7418 8900
|
|
Liberum (Joint Broker)
Max Jones
Edward Mansfield
Anake Singh
|
+44 (0) 20 3100
2000
|
|
Alma
Strategic Communications
(Financial Public Relations)
Josh Royston
Andy Bryant
Kieran Breheny
|
+44 (0) 20 3405 0205
|
Notes to editors
Alpha is a high-tech, high-touch
provider of enhanced financial solutions dedicated to corporates
and institutions globally. Working with clients across 50+
countries, we blend intelligent human capabilities with new
technologies to provide clients with an enhanced alternative to
traditional banking services, with solutions covering: FX risk
management, global accounts mass payments, fund finance and cash
management.
Key to our success is our team -
over 480 people based across nine global offices, brought together
by a high-performance culture and a partnership ethos that empowers
them to act as owners of our business.
Whilst we are an established
business listed on the London Stock Exchange, we remain
relentlessly focused on maintaining the same level of operational
agility and client focus we had when we first started in 2009. This
dynamic, combined with the passion of our people, have enabled us
to make a substantial and enduring difference to our clients, and
deliver a growth story to match.