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RNS Number : 7944Y

Alpha Fin Markets Consulting plc

18 January 2022

18 January 2022

Alpha Financial Markets Consulting plc

   ('   Alpha FMC   ', 'Alpha', the 'Company' or '   Group   ') 

Issue of equity, EBT share purchase and total voting rights

Alpha FMC (AIM: AFM), a leading global provider of specialist consultancy services to the asset, wealth management and insurance industries , announces that 468,750 RSU awards under the Company's Management Incentive Plan have vested following the satisfaction of performance conditions. To satisfy these vested awards , a pplication has been made for 468,750 new Ordinary Shares of 0.075p each in the capital of the Company ("Ordinary Shares") to be admitted to trading on AIM.

The new Ordinary Shares will rank pari passu with the Company's existing issued Ordinary Shares, and it is expected that admission will become effective, and that trading in the new Ordinary Shares will commence, on or around 21 January 2022.

Following the above, the Company will have 9,494,122 outstanding Management Incentive Plan ("MIP") and Employee Incentive Plan ("EIP") share options and Joint Share Ownership Plan ("JSOP") Shares in total, representing approximately 8.00 per cent of the issued share capital of the Company. Within this total, 9,046,101 MIP options and JSOP Share awards are outstanding, representing approximately 7.62 per cent of the issued share capital of the Company.

The Company has also been notified by Intertrust Employee Benefit Trustee Limited, the trustee of the Company's Employee Benefit Trust ("EBT"), that on 17 January 2022 the EBT purchased a total of 3,981 Ordinary Shares in the Company at a price of 443 pence per share. The shares will be held in the EBT, a discretionary trust, and are intended to be used to satisfy the exercise of share options by employees, including the Directors of the Company. Ordinary Shares held by the EBT have no dividend or voting rights.

Subsequent to admission of the new Ordinary Shares, the Company will have 118,707,336 Ordinary Shares in issue, of which 6,247,751 are held in the Company's Employee Benefit Trust. No shares are held in Treasury. The total number of voting rights in the Company will therefore be 112,459,585, which may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

E nquiries :

For further information, please contact:

 
                                                 +44 (0)20 7796 
 Alpha Financial Markets Consulting plc           9300 
 Euan Fraser (Global Chief Executive Officer) 
  John Paton (Chief Financial Officer) 
 Investec Bank plc - Nominated Adviser, Joint    +44 (0)20 7597 
  Corporate Broker                                4000 
 Patrick Robb 
  James Rudd 
  Harry Hargreaves 
                                                 +44 (0)20 3207 
 Berenberg - Joint Corporate Broker               7800 
 Chris Bowman 
  Toby Flaux 
  Alix Mecklenburg-Solodkoff 
                                                 +44 (0)20 3757 
 Camarco - Financial PR                           4980 
 Ed Gascoigne-Pees 
  Jake Thomas 
                                                 +44 (0)7407 
 Prism Cosec - Company Secretary                  733 518 
 Sally Chandler 
 

About Alpha FMC:

Alpha is a leading global consultancy to the asset management, wealth management and insurance industries. With over 650 consultants across 15 offices spanning the UK, Europe, North America and APAC, Alpha has the largest dedicated team in the industry. Alpha has provided specialist consulting services to over 650 clients, including

95 per cent   of the 20 largest global asset managers by AUM and a range of other buy-side firms. 

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January 18, 2022 02:15 ET (07:15 GMT)

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