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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 Results of the Annual General Meeting (5307P)

20/06/2022 4:03pm

UK Regulatory


Alpha Growth (LSE:ALGW)
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TIDMALGW

RNS Number : 5307P

Alpha Growth PLC

20 June 2022

Alpha Growth plc

(" Alpha " or the "Company")

Results of the Annual General Meeting

Alpha Growth Plc (LSE: ALGW and OTCQB: ALPGF), a leading financial services specialist in the growing longevity asset class, is pleased to announce that all resolu ti ons proposed at its Annual General Mee ti ng, held 20 June 2022, were duly passed.

The Directors wish to thank the very supportive shareholders who attended the in-person meeting for their attendance and con ti nued support. At the meeting, Gobind Sahney, Executive Chairman & CEO, took questions from the attending shareholders. A summary of the questions and answers presented at the meeting will be posted online.

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 
 
                Arden Partners plc                                         +44 (0) 20 7614 5900 
                Ruari McGirr / Alexandra Campbell-Harris 
                 (Corporate Finance) 
 
                UK Investor Relations - Mark Treharne                      ir@algwplc.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 life insurance linked longevity assets. Building on its well-established network, the Alpha Growth Group has a unique position in the longevity asset services and investment business, as a listed entity with global reach. The Group'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 holistic solutions to alternative institutional investors who are in need of specialised skills and unique access to deploy their financial resource in longevity assets.

Longevity Assets and Non-correlation

As a longevity asset, it is non-correlated to the real estate, equity capital and commodity markets. Its value is a function of time because as time passes the value gets closer to the face value of the policy. Hence creating a steady increase in the net asset value of the investment. This makes it highly attractive to investors wishing to counteract volatility within an investment portfolio and add yield.

Note: The Company only advises on and manages Longevity Assets that originate in the USA where the structured and life settlement market is highly regulated.

Important Notice

The content of this announcement has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 (FSMA). This announcement has been issued by and is the sole responsibility of the Company. The information in this announcement is subject to change.

ENDS

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END

RAGSEEFISEESESM

(END) Dow Jones Newswires

June 20, 2022 11:03 ET (15:03 GMT)

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