Alpha Growth PLC Issue of Equity (6169Q)
February 20 2019 - 4:28AM
UK Regulatory
TIDMALGW
RNS Number : 6169Q
Alpha Growth PLC
20 February 2019
20 February 2019
Alpha Growth plc
("Alpha, or the "Company")
Issue of Equity
Alpha Growth plc (LSE: ALGW), the financial services specialist
in the growing Senior Life Settlement ("SLS") asset class,
announces that it has today settled a sum of GBP6,000 to a historic
contractor, in full and final settlement of all sums owed pursuant
to the engagement, by the issue of 300,000 new ordinary shares of
0.1 pence each in the Company valued at the last placing price of 2
pence per new share. The new shares will, when issued, rank pari
passu in all respects with the existing ordinary shares. An
application will be made for the new shares to be admitted to
trading and admission is expected to take place on or around 21
February 2019.
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
For more information, please visit www.algwplc.com or contact
the following:
Alpha Growth plc +44 (0) 20 3959 8600
Gobind Sahney, Executive Chairman info@algwplc.com
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Vox Markets (Digital IR) +44 (0) 203 865 0130
-----------------------------
Abraham Darwyne content@voxmarkets.co.uk
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Novum Securities Limited (Corporate
Broker) +44 (0) 207 399 9400
-----------------------------
Colin Rowbury crowbury@novumsecurities.com
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About Alpha Growth plc
Specialist in Longevity Assets
Alpha Growth plc is a financial advisory business providing
specialist consultancy, advisory, and supplementary services to
institutional and qualified investors globally in the multi-billion
dollar market of longevity assets. Building on its well-established
network, Alpha Growth has a unique position in the longevity asset
services and investment business, as a listed entity with global
reach. The Company's strategy is to expand its advisory and
business services via acquisitions and joint ventures in the UK and
the US to attain commercial scale and provide wholistic solutions
to alternative institutional investors who are in need of
specialised skills and unique access to deploy their financial
resource in longevity assets.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
IOEURURRKSAUUAR
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