Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

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We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

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We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

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You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


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If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

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Alpha Returns Group (ARGP)

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Wednesday 18 October, 2017

Alpha Returns Group

Change of Adviser & Investing Strategy Update

RNS Number : 0066U
Alpha Returns Group PLC
18 October 2017

Alpha Returns Group PLC

("Alpha Returns" or the "Company")


18 October 2017


Appointment of Nominated Adviser, Appointment of Chairman

and Investing Strategy Update


Appointment of Nominated Adviser


Alpha Returns Group PLC (AIM: ARGP) is pleased to announce the appointment of Beaumont Cornish Limited as Nominated Adviser to the Company with immediate effect.


This is further to the Exchange's announcement of 10 October 2017 and the Company's announcement of 11 October 2017 regarding the pending removal of ZAI Corporate Finance Limited from the register of nominated advisers. Given the particular circumstances, the Exchange has agreed that Beaumont Cornish Limited has until 5pm on 19 December 2017 to finalize its due diligence and provide all relevant nominated adviser confirmations to the Exchange.


There can be no guarantee that Beaumont Cornish Limited will be able to satisfactorily conclude its due diligence by 5pm on 19 December 2017 or provide the relevant declaration to the Exchange. Accordingly, in such circumstances there is a risk that the Company's AIM securities will be suspended on or before 5pm on 19 December 2017 pursuant to AIM Rule 1. If within one month of that suspension, the Company has failed to appoint a replacement nominated adviser, the admission of its AIM securities will be cancelled.


Notwithstanding the extension of time provided in respect of due diligence obligations at engagement, Beaumont Cornish Limited will continue to be subject to all the ongoing nominated adviser responsibilities under the AIM Rules for Nominated Advisers.


Appointment of Chairman


In addition, Alpha Returns is pleased to announce that Nigel Brent Fitzpatrick MBE, a Non-executive Director of the Company, has been appointed as the Company's Non-executive Chairman with effect from today.


Brent has over 20 years of experience as a corporate finance consultant with considerable quoted company experience. His current directorships including Vordere plc, Lombard Capital plc, Powerhouse Energy Group plc and Vela Technologies plc. He is a member of the Audit Committee Institute. Brent was awarded a MBE for services to education in the Queen's Birthday Honours List 2012.


Chan Cheong Yee (Quattro), Interim Chairman, will revert to his role as the Company's Executive Director.


Investing Strategy Update


Finally, as part of an investing strategy review, the Board of Directors has made the decision to refocus on investments within the technology sector, especially in Fintech with the broadening of our geographical focus to include other parts of the World including Europe.


Within the Fintech space, the Directors have identified key areas of opportunities, and these include artificial intelligence, cyber-security, block-chain and cryptocurrencies. Furthermore, as the Directors recognize that the proliferation of Fintech is presently a global phenomenon, the Directors intend to remove the Company's geographical focus on Asia Pacific as part of this strategy change.


The Board of Alpha Returns will seek shareholder's approval for a revised Investing Policy once its investing strategy review is complete.


It is also the Board's intention to appoint in due course an additional UK-based non-executive director to support the revised Investing Policy.


Quattro Chan, commented: "We are delighted that Brent has accepted the appointment as Chairman of Alpha Returns. It is a crucial time for the Company following the new investing strategy change and with Brent at the chair, we are confident that the Company is well placed to adopt and implement its new strategy."


This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014


For further information:


Alpha Returns Group plc

Christopher Neo

Executive Director

020 3286 6388

Beaumont Cornish Limited (Nomad)

Roland Cornish/Rosalind Hill Abrahams

0207 628 3396

Peterhouse Corporate Finance (Broker) 

Duncan Vasey/Lucy Williams

020 7220 9797


This information is provided by RNS
The company news service from the London Stock Exchange

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