Alpha Growth (ALGW) RNS announcement - 2017-12-20 | Vox Markets
RNS Number : 8597Z
Alpha Growth PLC
20 December 2017
 

20 December 2017

 

Alpha Growth plc

("Alpha Growth", the "Company")

 

First Day Of Dealings

 

Alpha Growth plc (LSE: ALGW), an innovative alternative financial services specialist in the growing Senior Life Settlement asset class, is pleased to announce the admission of its entire share capital, being 106,335,000 ordinary shares of £0.001 each ('Ordinary Shares'), to the Official List, and to trading on the Main Market of the London Stock Exchange ('Admission'). Dealings in the Ordinary Shares commence at 8.00am today, 20 December 2017, under the ticker "ALGW" and ISIN number GB00BYWKBC49.

 

Highlights

 

-     Executive Chairman Gobind Sahney and team have a historic record of dealing in esoteric and specialist alternative investments for Institutional Investor clients requiring bespoke services in niche markets

-     Alpha Growth has identified Senior Life Settlements as an alternative asset class for Institutional Investors seeking to secure;

o Attractive long-term yields

o Uncorrelated returns to conventional equity and commodity markets

-     Alpha Growth believes the Senior Life Settlement industry to be expanding but fragmented, allowing Alpha Growth the opportunity to emerge as the dominant player with an established brand in the industry

 

 

Prospectus 

The Prospectus prepared by the Company in connection with Admission is available on the Company's website www.algwplc.com  and on the National Storage Mechanism at http://www.morningstar.co.uk.

 

 

Gobind Sahney, Executive Chairman of Alpha Growth, commented:

"The Board is pleased to achieve this milestone and see the listing of Alpha Growth to the Main Market of the London Stock Exchange. We are enthused about our future and executing on our intentions to develop this Company into a world class advisory business for the longevity asset class, serving institutional clients globally."

 

For more information, please visit www.algwplc.com or contact the following:

 

Alpha Growth plc

+44 (0) 207 467 1700

Gobind Sahney, Executive Chairman 

info@algwplc.com





Cassiopeia Services (PR/IR)

+44 (0) 7949690338

Stefania Barbaglio

Stefania@cassiopeia-ltd.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 a 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 company news service from the London Stock Exchange
 
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