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 £6,000 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.

 


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