Alpha FX Group PLC Board Appointment (3595I)

TIDMAFX

RNS Number : 3595I

Alpha FX Group PLC

21 March 2018

21 March 2018

Alpha FX Group plc

("Alpha", the "Company" or the "Group")

Board Appointment

Alpha FX Group plc (AIM:AFX), a founder led, UK-based corporate and institutional foreign exchange service provider, is pleased to announce the appointment of Henry Lisney to the Board as Chief Operating Officer (COO) with effect from today.

Henry joined Alpha in 2013 as a Portfolio Manager before quickly rising to the role of Operations Director in 2015. He became a partner in 2016 and is responsible for driving Alpha's growth and innovation strategy whilst maintaining the efficiency and effectiveness of all departments.

Henry is a member of the Chartered Institute for Securities and Investment and holds a first-class degree in Management and Accounting.

Morgan Tillbrook, Founder and Chief Executive Officer of Alpha said:

"I am delighted to welcome Henry to the Board. Henry has been hugely influential in developing all areas of the business, spearheading the Company's IPO last year, as well as leading the expansion of our product offering. Henry's rapid progression is testament to Alpha's culture of meritocracy and we look forward to leveraging his expertise as we accelerate our growth strategy."

Regulatory disclosures

In accordance with Schedule 2(g) of the AIM Rules, Henry Paul Lisney (aged 25), holds or has held the following directorships and partnerships:

   Current Directorships                                Past Directorships 
   Alpha FX Institutional Limited                     Alpha FX Group plc 
   Alpha FX Limited                                      M&H Funding Limited 

Litel Partners LLP

Headroom Capital Limited

Linika Aggero Limited

Henry Lisney currently holds 1,122,988 shares in the Company.

Enquiries:

Alpha FX Group plc via Alma PR

Morgan Tillbrook, Founder and CEO

Tim Kidd, CFO

   Liberum Capital Limited (Nominated Adviser and Sole Broker)          Tel: [phone] 

Neil Patel

Richard Bootle

Kane Collings

Alma PR (Financial Public Relations) Tel: [phone]

Josh Royston

Helena Bogle

Rebecca Sanders - Hewett

Market Abuse Regulation

This announcement is released by Alpha FX Group plc and contains inside information for the purposes of the Market Abuse Regulation (EU) 596/2014 ("MAR") and is disclosed in accordance with the Company's obligations under Article 17 of MAR. The person who arranged for the release of this announcement on behalf of Alpha FX Group plc was Tim Kidd, Chief Financial Officer.

Notes to Editors

Alpha is a founder led, UK-based foreign exchange service provider focused on managing exchange rate risk for UK corporates and institutions that trade internationally. The Company's primary client base consists of businesses and institutions across the UK and Europe that have a requirement to convert currency for a commercial purpose, such as buying or selling goods and services overseas, repatriating profits, or expatriating payroll. Since it was incorporated in 2010, Alpha has been able to build and retain a high-quality client base.

This information is provided by RNS

The company news service from the London Stock Exchange

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March 21, 2018 03:01 ET (07:01 GMT)