RNS Number : 2399D
Alpha Growth PLC
02 April 2025
 

 

 

 

 

Alpha Growth plc

("Alpha" or the "Company")

Director / PDMR Dealing

Alpha Growth Plc (LSE: ALGW and OTCQB: ALPGF), a leading financial services company in the life insurance linked asset/wealth management business, is pleased to announce that the Company has been notified that the Directors of the Company named below have purchased ordinary shares of 0.1p each in the Company ("Shares") as listed below. The resulting interests of each of the Directors named below in the ordinary shares of the Company are also listed below.

Name

Shares in Alpha before purchase

Shares in Alpha purchased

Resulting number of Shares held

% of total shares in issue

Gobind Sahney

7,045,834

7,169,791

14,215,625

3.04

Jason Sutherland

3,398,639

7,169,791

10,568,430

2.26

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities.

1. 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Gobind Sahney

2. 

Reason for the notification

a)

Position/status:

Executive Chairman & Chief Executive Officer

b)

Initial notification/Amendment:

Initial notification

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:  Ordinary 0.1p

Identification code:  GB00BYWKBC49

 

    

 

 

b)

Nature of the transaction:

Purchase

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

£37,533.86

7,169,791



d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

Price(s)

Volume(s)





e)

Date of the transaction:

2025-03-31

f)

Place of the transaction:

London Stock Exchange

 

1. 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Jason Sutherland

2. 

Reason for the notification

a)

Position/status:

Executive Director & Chief Operating Officer

b)

Initial notification/Amendment:

Initial notification

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:  Ordinary 0.1p

Identification code:  GB00BYWKBC49

 

    

 

 

b)

Nature of the transaction:

Purchase

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

£37,533.86

7,169,791



d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

Price(s)

Volume(s)





e)

Date of the transaction:

2025-03-31

f)

Place of the transaction:

London Stock Exchange

 

 

 

 

Alpha Growth plc

+44 (0) 20 3959 8600

Gobind Sahney, Executive Chairman

info@algwplc.com

 

Allenby Capital Limited

+44 (0) 20 3328 5656

Amrit Nahal (Sales and Corporate Broking)


Nick Athanas / Piers Shimwell (Corporate Finance)


 

UK Investor Relations - Mark Treharne

ir@algwplc.com

 

 

About Alpha Growth plc

 

Specialist in Longevity Assets

 

Alpha Growth plc is a financial advisory business providing specialist consultancy, advisory, and supplementary services to institutional and qualified investors globally in the multi-billion dollar market of longevity assets and insurance linked asset and wealth management. Building on its well-established network, the Alpha Growth group has a unique position in the insurance and asset services and investment business, as a listed entity with global reach. The group's strategy is to expand its advisory and business services via acquisitions and joint ventures in the UK and the US to attain commercial scale and provide holistic solutions to alternative institutional investors who are in need of specialised skills and unique access to deploy their financial resource in longevity assets.

 

Longevity Assets and Non-correlation

 

As a longevity asset, it is non-correlated to the real estate, equity capital and commodity markets.  Its value is a function of time because as time passes the value gets closer to the face value of the policy. Hence creating a steady increase in the net asset value of the investment. This makes it highly attractive to investors wishing to counteract volatility within an investment portfolio and add yield.

 

Note: The Company only advises on and manages Longevity Assets that originate in the USA where the structured and life settlement market is highly regulated.

 

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