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Alpha Returns Group plc (ARGP)

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Thursday 07 July, 2016

Alpha Returns Group plc

Investment Update

Investment Update

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

7 July 2016

Update re Investment in Jesoft International Limited ("Jesoft")

Further to the announcement made on 19 January 2016, the Company announces that the conditions precedent relating to the Company's conditional 50 per cent. indirect investment in Jesoft  had not been satisfied by  the extended long-stop date and the Company is now in discussions with the vendor in relation to termination of the sale and purchase agreement.

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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