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ALGW Alpha Growth Plc

1.25
0.05 (4.17%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alpha Growth Plc LSE:ALGW London Ordinary Share GB00BYWKBC49 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 4.17% 1.25 1.10 1.40 1.25 1.20 1.20 638,827 09:25:43
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Management Consulting Svcs 7.88M 3.18M 0.0068 1.84 5.85M

Alpha Growth PLC Issue of Equity (6169Q)

20/02/2019 10:28am

UK Regulatory


Alpha Growth (LSE:ALGW)
Historical Stock Chart


From Apr 2019 to Apr 2024

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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 
                                       ----------------------------- 
 
 Vox Markets (Digital IR)               +44 (0) 203 865 0130 
                                       ----------------------------- 
 Abraham Darwyne                        content@voxmarkets.co.uk 
                                       ----------------------------- 
 
 Novum Securities Limited (Corporate 
  Broker)                               +44 (0) 207 399 9400 
                                       ----------------------------- 
 Colin Rowbury                          crowbury@novumsecurities.com 
                                       ----------------------------- 
 

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

(END) Dow Jones Newswires

February 20, 2019 05:28 ET (10:28 GMT)

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