Exercise of options and issue of equity
30 November 2022
Alpha Financial Markets Consulting plc
('Alpha FMC', 'Alpha', the 'Company' or 'Group')
Vesting and exercise of options and RSUs and issue of equity
Alpha FMC (AIM: AFM), a leading global provider of specialist consultancy services to the asset management, wealth management and insurance industries, announces that, following recent options exercises by certain employees under the Company's Employee Incentive Plan ("EIP"), application has been made for 2,400 new ordinary shares of 0.075p each in the capital of the Company ("NewOrdinary Shares") to be admitted to trading on AIM.
The New Ordinary Shares will rank pari passu with the Company's existing issued Ordinary Shares, and it is expected that admission will become effective, and that trading in the New Ordinary Shares will commence, on or around 5 December 2022.
A total of 212,373 share options which previously vested under the Management Incentive Plan ("MIP"), Joint Share Ownership Plan ("JSOP") and EIP have also been exercised. Restricted Stock Units ("RSU") under the EIP and MIP also vested and 31,511 shares have been transferred to employees. The Company will satisfy these awards using existing shares held in the Alpha Employee Benefit Trust ("EBT").
Following the above and subsequent to admission of the New Ordinary Shares, the Company will have 120,509,736 Ordinary Shares in issue, of which 6,297,522 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 114,212,214. 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.
E nquiries :
For further information, please contact:
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Alpha Financial Markets Consulting plc |
+44 (0)20 7796 9300 |
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Euan Fraser (Global Chief Executive Officer) John Paton (Chief Financial Officer) |
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Investec Bank plc - Nominated Adviser and Joint Corporate Broker |
+44 (0)20 7597 4000 |
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Patrick Robb James Rudd Harry Hargreaves |
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Berenberg - Joint Corporate Broker |
+44 (0)20 3207 7800 |
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Chris Bowman Toby Flaux Alix Mecklenburg-Solodkoff |
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Camarco - Financial PR |
+44 (0)20 3757 4980 |
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Ed Gascoigne-Pees Phoebe Pugh |
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Prism Cosec - Company Secretary |
+44 (0)7407 733 518 |
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Sally Chandler |
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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.
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 other buy-side firms. It has the largest dedicated team in the industry, with over 900 consultants globally, operating from 16 client-facing offices spanning the UK, North America, Europe and APAC.
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