AFX.L Regulatory News (AFX)

20 April 2020

Alpha FX Group plc

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

Directorate Change

Alpha FX Group plc (AIM: AFX), an FX risk management and payments specialist servicing corporates and institutions internationally, today announces that Henry Lisney, Chief Operating Officer, has advised the Board of his intention to leave the Company in order to pursue future personal endeavours, with his final date of employment being 20 October 2020.

Henry Lisney, commented:

"Alpha has grown so much since I joined the Company and it has been an honour to be part of that journey and work alongside such an exceptional team of people. At this relatively early stage in my career, now is the right time to seek new challenges, but I would like to thank the Board and the team for all their support and I wish them well on the next phase of their growth plan."

Morgan Tillbrook, CEO of Alpha FX commented:

"It has been a pleasure to work with Henry for the past seven years and he will be very much missed by myself and the rest of the team here. Amongst his many achievements, he was instrumental in the Company's successful IPO and has since put in place many of the initiatives and processes that see Alpha so well positioned today. On behalf of the Board and wider team I would like to thank Henry for his dedication and passion for the business and wish him every success for the future."

Enquiries:

Alpha FX Group plc via Alma PR

Morgan Tillbrook, Founder and CEO

Tim Kidd, CFO

Henry Lisney, COO

Liberum Capital Limited (Nominated Adviser and Sole Broker) 020 3100 2000

Neil Patel

Richard Bootle

Kane Collings

Alma PR (Financial Public Relations) Tel: 07780 901979

Josh Royston

Helena Bogle

Rebecca Sanders - Hewett

Market Abuse Regulation

This announcement is released by Alpha FX Group plc and contains inside information for the purposes of the Market Abuse Regulation (EU) 596/2014 ("MAR") and is disclosed in accordance with the Company's obligations under Article 17 of MAR. The person who arranged for the release of this announcement on behalf of Alpha FX Group plc was Tim Kidd, Chief Financial Officer.

Notes to Editors

Alpha is an FX risk management and payments specialist that combines people and technology to help organisations more effectively manage currency. In an industry that typically works with tens of thousands, the Company partners with a small number of high value institutions and corporates, to provide enterprise-level solutions across three key areas: FX risk management, international payments and collections.

Since it was incorporated in 2010, Alpha FX has been able to build and retain a high-quality client base that includes a number of highly respected brands.