Alpha Fin Markets Consulting plc Exercise of share awards and total voting rights (6593J)
17 August 2023 - 1:00PM
UK Regulatory
TIDMAFM
RNS Number : 6593J
Alpha Fin Markets Consulting plc
17 August 2023
17 August 2023
Alpha Financial Markets Consulting plc
('Alpha FMC', 'Alpha', the 'Company' or 'Group')
Exercise of share awards, RSU vesting, EBT share purchase
and total voting rights
Alpha FMC (AIM: AFM), a leading global provider of specialist
consultancy services to the asset management, wealth management and
insurance industries, announces that 631,205 vested share options
under the Joint Share Option Plan ("JSOP"), Management Incentive
Plan ("MIP") and Employee Incentive Plan ("EIP") were exercised on
16 August 2023. A further 388,732 Restricted Stock Units ("RSU")
have vested and the shares were transferred under the MIP and
EIP.
The Company will satisfy these exercised share options and
vested RSUs using existing shares held in the Alpha Employee
Benefit Trust ("EBT").
The Company has also been notified by Intertrust Employee
Benefit Trustee Limited, the trustee of the Company's EBT, that on
16 August 2023, the EBT purchased a total of 1,033,954 Ordinary
Shares in the Company at a price of 367.5 pence per share (the
"Purchase") being the closing mid-market price of an Ordinary Share
on the last practicable day before the Purchase. These shares will
be held in the EBT, a discretionary trust, and are intended to be
used to satisfy the exercise of share options by employees,
including the Directors of the Company.
Following the above, the Company will have 122,009,736 Ordinary
Shares in issue, of which 7,627,623 are held in the Company's
Employee Benefit Trust. No shares are held in treasury. The total
number of voting rights in the Company will therefore be
122,009,736. This figure includes the 7,627,623 Ordinary Shares
currently held in the EBT as the Ordinary Shares hold voting rights
albeit the EBT does not exercise these voting rights nor receive
dividends in respect of these shares. Therefore, 114,382,113
Ordinary Shares have exercisable voting rights and the Group's
earnings per share calculation excludes the 7,627,623 Ordinary
Shares held by the EBT.
This figure of 122,009,736 Ordinary Shares may be used by
shareholders in the Company as the denominator for the calculations
by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of
the Company under the FCA's Disclosure and Transparency Rules.
E nquiries :
For further information, please contact:
+44 (0)20 7796
Alpha Financial Markets Consulting plc 9300
Luc Baqué (Chief Executive Officer)
John Paton (Chief Financial Officer)
Investec Bank plc - Nominated Adviser and Joint +44 (0)20 7597
Corporate Broker 4000
Patrick Robb
James Rudd
Harry Hargreaves
+44 (0)20 3207
Berenberg - Joint Corporate Broker 7800
Toby Flaux
James Thompson
Alix Mecklenburg-Solodkoff
+44 (0)20 3757
Camarco - Financial PR 4980
Ed Gascoigne-Pees
Phoebe Pugh
+44 (0)7581
Prism Cosec - Company Secretary 053148
Sally Chandler
About Alpha FMC:
Headquartered in the UK and quoted on the AIM of the London
Stock Exchange, Alpha is a leading global provider of specialist
consultancy services to the asset management, wealth management and
insurance industries.
It has the largest dedicated team in those industries, with
approximately 1,000 consultants globally, operating from 17
client-facing offices spanning the UK, North America, Europe and
APAC. Alpha has worked with all of the world's top 20 and 80% of
the world's top 50 asset managers by AUM, along with a wide range
of insurance and other buy-side firms.
- ENDS -
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCBGGDIRXBDGXR
(END) Dow Jones Newswires
August 17, 2023 07:00 ET (11:00 GMT)
Alpha Financial Markets ... (LSE:AFM)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Alpha Financial Markets ... (LSE:AFM)
Historical Stock Chart
Von Mai 2023 bis Mai 2024