29 April 2024
This announcement is an advertisement for the purposes of the
Prospectus Regulation Rules of the Financial Conduct Authority and
not a prospectus. This announcement does not constitute or form
part of, and should not be construed as, an offer for sale or
subscription of, or solicitation of any offer to subscribe for or
to acquire, any ordinary shares of Alpha Group International Plc in
any jurisdiction, including in or into the United States,
Australia, Canada, Japan, the Republic of South Africa or in any
other jurisdiction.
Alpha Group
International plc
("Alpha" or the
"Group")
Publication of
Prospectus
Further to the announcement made on 17 April
2024, Alpha is pleased to announce the publication of a prospectus
(the "Prospectus") in relation to the proposed admission of its
ordinary shares (the "Ordinary Shares") to the premium listing
segment of the Official List of the Financial Conduct Authority
(the "FCA") and to trading on the main market for listed securities
(the "Main Market") of London Stock Exchange plc (the "London Stock
Exchange") (together, "Admission").
It is expected that: (i) the Ordinary Shares
will be admitted to the premium listing segment of the Official
List and to trading on the Main Market at 8.00 a.m. on 2 May 2024;
and (ii) the Ordinary Shares will be delisted from AIM at 7.00 a.m.
on 2 May 2024. The last day of trading of the Company's Ordinary
Shares on AIM is therefore expected to be 1 May 2024.
The Company is not offering any new Ordinary
Shares nor any other securities in connection with the proposed
Admission. Following Admission, the Company's Ordinary Shares will
continue to be registered with their existing ISIN of:
GB00BF1TM596. The Company's ticker symbol will be
"ALPH".
The Company's shareholders should consult their
own tax advisers as to the tax implications of the Company's
proposed move to the Main Market.
The Prospectus has been approved by the FCA and
will shortly be available to view on Alpha's website, https://www.alphagroup.com/investors/financial-information/.
A copy of the Prospectus will be submitted to the National Storage
Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Enquiries:
Alpha Group
International plc
Morgan Tillbrook, Founder and CEO
Tim Powell, CFO
|
Via
Alma Strategic Communications
|
Peel Hunt
(Sponsor and Joint Broker)
Neil Patel
Paul Gillam
Kate Bannatyne
|
+44 (0) 20 7418 8900
|
Liberum
(Nominated Adviser and Joint Broker)
Max Jones
Edward Mansfield
Anake Singh
|
+44 (0) 20 3100 2000
|
Alma Strategic
Communications
(Financial
Public Relations)
Josh Royston
Andy Bryant
Kieran Breheny
|
+44 (0) 20 3405 0205
|
Notes to
editors
Alpha is a high-tech, high-touch
provider of enhanced financial solutions dedicated to corporates
and institutions globally. Working with clients across 50+
countries, we blend intelligent human capabilities with new
technologies to provide clients with an enhanced alternative to
traditional banking services, with solutions covering: FX risk
management, global accounts mass payments, fund finance and cash
management.
Key to our success is our team -
over 450 people based across nine global offices, brought together
by a high-performance culture and a partnership ethos that empowers
them to act as owners of our business.
Whilst we are an established
business listed on the London Stock Exchange, we remain
relentlessly focused on maintaining the same level of operational
agility and client focus we had when we first started in 2009. This
dynamic, combined with the passion of our people, have enabled us
to make a substantial and enduring difference to our clients, and
deliver a growth story to match.
Important information
The information contained in this
announcement is for background purposes only and does
not purport to be full or complete,
nor does this announcement constitute or form part of
any
invitation or inducement to engage in
investment activity. No reliance may be placed by any
person for any purpose on the
information contained in this announcement or its
accuracy,
fairness or completeness. The
contents of this announcement are not to be construed as
legal,
financial or tax advice.
This announcement may include
statements that are, or may be deemed to be, "forward-looking
statements" (including words such as "believe", "expect",
"estimate", "intend", "anticipate" and words of similar meaning).
By their nature, forward-looking statements involve risk and
uncertainty since they relate to future events and circumstances,
and actual results may, and often do, differ materially from any
forward-looking statements. Past performance cannot be relied upon
as a guide to future performance and should not be taken as a
representation that trends or activities underlying past
performance will continue in the future. No representation or
warranty is made or will be made that any forward-looking statement
will come to pass. The forward-looking statements in this
announcement speak only as at the date of this announcement. Save
as required by applicable law, the Company undertakes no obligation
to publicly revise any forward-looking statements in this
announcement, whether following any change in its expectations or
to reflect events or circumstances after the date of this
announcement.
This announcement does not constitute
an offer to sell, or the solicitation of an offer to acquire or
subscribe for, shares in the Company in any jurisdiction. The
distribution of this announcement outside the UK may be restricted
by law. No action has been taken by the Company that would permit
possession of this announcement in any jurisdiction outside the UK
where action for that purpose is required. Persons outside the UK
who come into possession of this announcement should inform
themselves about the distribution of this announcement in their
particular jurisdiction.
The Company's ordinary shares have
not been, and will not be, registered under the US Securities Act
of 1933 (the "US Securities Act"), or under the securities laws of
any state or other jurisdiction of the United States. The ordinary
shares may not be offered, sold, pledged or otherwise transferred,
directly or indirectly, in or into the United States absent
registration under the US Securities Act or an exemption from, or
in transactions not subject to, registration under the US
Securities Act.
Peel Hunt LLP ("Peel Hunt"), which is
regulated in the United Kingdom by the FCA, is acting exclusively
for the Company and no one else in connection with Admission and it
will not regard any other person as a client in relation to
Admission and will not be responsible to anyone other than the
Company for providing the protections afforded to its clients or
for providing advice in relation to Admission or any other
transaction, matter, or arrangement referred to in this
announcement.
This announcement has been issued by,
and is the sole responsibility of, the Company. No representation
or warranty, express or implied, is or will be made as to, or in
relation to, and no responsibility or liability is or will be
accepted by Peel Hunt or by any of its affiliates, directors,
officers, employees, advisers or agents as to or in relation to,
the accuracy or completeness of this announcement or any other
written or oral information made available to or publicly available
to any interested party or its advisers, and any liability
therefore is expressly disclaimed.