rns out29 May 2020 08:02
("Alpha", or the "Company")
Director/PDMR Dealing and Issue of Shares
Alpha Growth plc (LSE: ALGW), the financial services specialist in the growing Senior Life Settlement ("SLS") asset class, is pleased to announce certain directors of the Company have purchased ordinary shares in the Company and the issue of 2,000,000 shares for the agreement with Rajiv Rebello and Colva. This satisfies the condition of the Company's agreement with Colva.
Director/PDMR Dealing
The Company is also pleased to announce that the Directors below have subscribed for the Company's shares as follows:
No. of Shares acquired
Resultant no. of Ordinary Shares
% of Enlarged Issued Share Capital (as enlarged by the Share Issues)
Gobind Sahney
666,667
7,462,500
3.64%
Danny Swick
666,667
2,166,667
1.06%
Jason Sutherland
133,333
133,333
0.07%
Issue of Shares
In relation to the above share issues applications will be made to the Financial Conduct Authority for admission of the new Ordinary Shares to the standard listing segment of the Official List of the Financial Conduct Authority and to London Stock Exchange plc for admission to trading of the New Shares on its main market for listed securities (together, "Admission"). Further announcement will be made as to the date of admission.
Total Voting Rights
Following the issue of the above Shares, the Company's issued share capital will consist of 205,101,673 ordinary shares. Each share has one voting right and no shares are held in treasury; these figures may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
1. Gobind Sahney
2. Daniel Swick
3. Jason Sutherland
2
Reason for the notification
a)
Position/status
1. Chairman
2. Director
3. Director
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Alpha Growth plc
b)
LEI
213800T46KFT32KYKR91
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary 0.1p
GB