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Alpha Returns Group plc (ARGP)

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Tuesday 05 April, 2016

Alpha Returns Group plc

Alpha Returns Group plc : Issue of Equity

Alpha Returns Group plc : Issue of Equity

Alpha Returns Group PLC
("Alpha Returns" or the "Company")

5 April 2016

Issue of Equity

Further to the announcement made on 1 April, Alpha Returns, the AIM traded investing company focusing on investments in high-growth Asian economies, is pleased to announce that 32,142,857 new ordinary shares in Alpha Returns (the "Consideration Shares") has been unconditionally allotted to Mr Wong Xin Yan, as the second and final tranche consideration for the acquisition of 30 per cent. interest in Oriental Ventures Limited. Following the issue of the Consideration Shares, Mr Wong Xin Yan's shareholding amounts to 33,316,202 ordinary shares, representing approximately 4.80 per cent. of the Company's issued ordinary share capital.

The following parties have an interest of more than 3% in the enlarged issued share capital of the Company:

NameShareholdingPercentage of issued ordinary share capital
Sze Thye Group Limited 185,520,003 26.74%
Wong Xin Yan 33,316,202 4.80%
Mang King Chung Dennis 26,018,668 3.75%
Add-Plus Electronic Pte Ltd 21,260,504 3.06%

Application will be made for the new ordinary shares, which rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM. Admission is expected to become effective and dealings to commence on or around 12 April 2016. The enlarged issued share capital of Alpha Returns with voting rights attached consists of 693,737,368 ordinary shares of 0.01p each with one vote per ordinary share. There are no shares held in Treasury. The total number of voting rights in Alpha Returns is therefore 693,737,368, which figure may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine whether they are required to notify their interest, or a change to their interest, in Alpha Returns under the Financial Conduct Authority's Disclosure and Transparency Rules.


For further information:

Alpha Returns Group plc  Christopher Neo
Executive Director
020 3286 6388
ZAI Corporate Finance Ltd (NOMAD) Peter Trevelyan-Clark / Tim Cofman 020 7060 2220
Peterhouse Corporate Finance (Broker)  Duncan Vasey / Lucy Williams  020 7220 9797

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Alpha Returns Group plc via Globenewswire


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