RSU vesting, PDMR dealing and total voting rights

Alpha Fin Markets Consulting plc

23 June 2023

 

23 June 2023

Alpha Financial Markets Consulting plc

('Alpha FMC', 'Alpha', the 'Company' or 'Group')

RSU vesting, PDMR dealing and total voting rights

Alpha FMC (AIM: AFM), a leading global provider of specialist consultancy services to the asset management, wealth management and insurance industries, announces that 265,198 Restricted Stock Units ("RSU") vested on 22 June 2023 and the shares were transferred under the Company's Management Incentive Plan ("MIP").

The Company will satisfy these vested RSUs using existing shares held in the Alpha Employee Benefit Trust ("EBT").

Of the vested RSU awards, 154,185 relate to awards held by Luc Baqué, a person discharging managerial responsibilities ("PDMRs").  Following the vesting, Luc Baqué holds 459,186 unvested MIP options and he and his immediate family are beneficially interested in 1,223,114 Ordinary Shares representing 1.02% of the Company's total voting rights.

Following the above, the Company will have 120,509,736 Ordinary Shares in issue, of which 6,009,182 are held in the Company's Employee Benefit Trust.  No shares are held in treasury. The total number of voting rights in the Company will therefore be 120,509,736. This figure includes the 6,009,182 Ordinary Shares currently held in the EBT as the Ordinary Shares hold voting rights albeit the EBT does not exercise these voting rights nor receive dividends in respect of these shares. Therefore 114,500,554, Ordinary Shares have exercisable voting rights and the Group's earnings per share calculation excludes these 6,009,182 Ordinary Shares held by the EBT.

This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

The notifications below, made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation, provide additional detail. 

Notification and public disclosure of transactions by persons discharging managerial responsibilities (PDMR) and persons closely associated with them (PCA)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Luc Baqué
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Alpha Financial Markets Consulting plc
b)	LEI	2138003XGYCLWLC7GF39
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Vesting of RSU award over Ordinary Shares of 0.075p each ISIN: GB00BF16C058
b)	Nature of the transaction	Share award vested under the Alpha Financial Markets Consulting plc Management Incentive Plan
c)	Price and volume	Price Volume nil 154,185
d)	Aggregated information	As above
	Date of the transaction	22 June 2023
f)	Place of the transaction	Outside a trading venue

Enquiries:

For further information, please contact:

Alpha Financial Markets Consulting plc	[phone]
Luc Baqué (Chief Executive Officer) John Paton (Chief Financial Officer)
Investec Bank plc - Nominated Adviser and Joint Corporate Broker	[phone]
Patrick Robb James Rudd Harry Hargreaves
Berenberg - Joint Corporate Broker	[phone]
Toby Flaux James Thompson Alix Mecklenburg-Solodkoff
Camarco - Financial PR	[phone]
Ed Gascoigne-Pees Phoebe Pugh
Prism Cosec - Company Secretary	[phone]
Sally Chandler

About Alpha FMC:

Headquartered in the UK and quoted on the AIM of the London Stock Exchange, Alpha is a leading global provider of specialist consultancy services to the asset management, wealth management and insurance industries.

It has the largest dedicated team in those industries, with approximately 1,000 consultants globally, operating from 17 client-facing offices spanning the UK, North America, Europe and APAC. Alpha has worked with all of the world's top 20 and 80% of the world's top 50 asset managers by AUM, along with a wide range of insurance and other buy-side firms.

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