RNS Number : 2748F
Alpha FX Group PLC
04 November 2022
 

4 November 2022

Alpha FX Group plc

("Alpha FX" or the "Group")

F Share Award

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 further to the RNS on 22 June 2022 in relation to the F Shares, the Group is awarding an additional 99 F Shares. 69 F Shares are being awarded to Tim Powell following his recent appointment as CFO and Executive Director (which commences on 1 December 2022). 13 of the F Shares are being issued to Timothy Butters (who currently holds 77 E Shares), who is a PDMR of the Company, and therefore the relevant regulatory disclosure has been made in the table below. The remaining 17 F Shares are being issued to other employees. The 99 F Shares being awarded will be on the same terms as that described in the announcement of 22 June 2022.

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Timothy Butters  

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Risk Officer

b)

 

Initial notification /Amendment

 

 

Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Alpha FX Group plc

b)

 

LEI

 

 

213800RESM1FPUXY6K31

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

F ordinary shares in Alpha FX Limited, which may be convertible into ordinary shares in Alpha FX Group plc



Identification code

ISIN: GB00BF1TM596



b)

 

Nature of the transaction

 

 

Issue of F Shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




N/A

13 F Shares







d)

 

Aggregated information

N/A



- Aggregated volume




- Price




e)

 

Date of the transaction

 

 

4 November 2022

f)

 

Place of the transaction

 

 

Off market

 

 

Enquiries:

 

Alpha FX Group plc

via Alma PR

Morgan Tillbrook, Founder and CEO


Tim Kidd, CFO




Liberum Capital Limited 

(Nominated Adviser and Sole Broker) 

Tel: +44 (0) 20 3100 2000

Neil Patel


Cameron Duncan


Kate Bannatyne


Kane Collings




Alma PR (Financial Public Relations)

Tel: +44 (0) 20 3405 0205

Josh Royston


Andy Bryant


Kieran Breheny


 

Notes to Editors

Alpha is a high-tech, high-touch provider of enhanced financial solutions dedicated to corporates and institutions operating internationally. Working with clients across 50+ countries, we blend intelligent human capabilities with new technologies to solve complex problems across three key areas: FX risk management, global accounts and mass payments.

Key to our success is our team - nearly 300 people based across seven global offices, brought together by a high-performance culture and a partnership structure that empowers them to act as owners of our business.

Despite being 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.

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