Alpha FX Group PLC Block Admission Application (3627F)
March 22 2022 - 3:01AM
UK Regulatory
TIDMAFX
RNS Number : 3627F
Alpha FX Group PLC
22 March 2022
22 March 2022
Alpha FX Group plc
("Alpha FX" or the "Company")
Block Admission Application
Alpha FX Group plc (AIM: AFX), a high-tech, high-touch provider
of FX risk management, accounts and payments solutions to
corporates and institutions internationally, announces that
application has been made to the London Stock Exchange for the
block admission of 108,671 new ordinary shares of GBP0.002 each in
the Company ("Ordinary Shares").
As disclosed in the Company's Full Year Results on 16 March
2022, it is expected that these Ordinary Shares will be issued over
the next few months under the Save As You Earn (SAYE) Scheme, with
the date of allotment dependent on when employees elect to exercise
their option during the prescribed window.
When issued, the Ordinary Shares under the block listing will
rank pari passu with the Company's existing issued Ordinary Shares.
It is expected that admission will become effective on 25 March
2022.
Following the Block Admission, the Company's issued share
capital will remain unchanged at 42,088,171 Ordinary Shares. The
Company will make six-monthly announcements of the utilisation of
the Block Admission, in line with its obligations under AIM Rule
29. The Company will also update the market with the total voting
rights at the end of the month in which an option exercise has
occurred.
Enquiries:
via Alma PR
Alpha FX Group plc
Morgan Tillbrook, Founder and CEO
Tim Kidd, CFO
Liberum Capital Limited Tel: +44 (0) 20 3100
(Nominated Adviser and Sole Broker) 2000
Neil Patel
Cameron Duncan
Kane Collings
Alma PR (Financial Public Relations) Tel: +44 (0) 20 3405
0205
Josh Royston
Andy Bryant
Kieran Breheny
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END
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