Alpha Fin Markets Consulting plc Grant of incentive awards and Total Voting Rights (1119O)
January 25 2019 - 3:00AM
UK Regulatory
TIDMAFM
RNS Number : 1119O
Alpha Fin Markets Consulting plc
25 January 2019
Alpha Financial Markets Consulting plc
('Alpha FMC' or the 'Company' or the 'Group')
Grant of incentive awards and Total Voting Rights
Alpha FMC (AIM: AFM), a leading global provider of specialist
consultancy services to the Asset and Wealth Management industry
announces that the Company has made a grant of staff incentive
awards.
On 23 January 2019, the Company granted a total of 59,570 awards
to new employees by way of EIP share options and RSU awards. In
addition, the Company also granted 20,112 MIP awards to recent
senior joiners globally, comprising UK Joint Share Ownership Plan
("JSOP") awards and MIP share options. There will be no voting
rights attached to the JSOP Shares whilst they are held in the
JSOP.
Consistent with previous awards, these JSOP Shares, MIP and EIP
share options (i) have a nominal or nil consideration, (ii) will
vest after three to five years, (iii) have a 10 year term, and (iv)
are subject to certain individual or Group performance
conditions.
On 23 January 2019, the Company also bought back 39,212 ordinary
shares of 0.075 pence each in the Company ('Ordinary Shares') from
prior employees ('Reclaimed Shares') for nominal value. Of the
Reclaimed Shares, 33,000 Ordinary Shares are held in Treasury, and
the remaining Ordinary Shares used to satisfy the above JSOP
awards. No new Ordinary Shares have been issued by the Company.
Following the JSOP Share and share option award grants the
Company will have 3,274,519 outstanding share options and JSOP
Shares in total, representing approximately 3.21 per cent. of the
issued share capital of the Company. Within this total, 2,926,306
MIP options or JSOP Share awards are outstanding.
Further options or share awards made at the discretion of the
Company following the date of this announcement are subject to a
maximum of 3,395,000 MIP options or share awards in total until
after the FY19 results announcement, as set out in the AIM
Admission Document.
In accordance with the Financial Conduct Authority's Disclosure
and Transparency Rules, following the above the Company has
101,974,874 Ordinary Shares in issue, 387,740 of which are held in
Treasury. The total number of voting rights in the Company is
101,110,928.
The above figure of 101,110,928 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.
Enquiries:
+44 (0)20 7796
Alpha Financial Markets Consulting plc 9300
Euan Fraser, Global Chief Executive Officer
John Paton, Chief Financial Officer
Temple Bar Advisory
+44 (0)7795 425
Alex Child-Villiers 580
+44 (0)7827 960
William Barker 151
+44 (0)7769 655
Sam Livingstone 437
+44 (0)20 7383
Grant Thornton UK LLP (Nominated Adviser) 5100
Philip Secrett
Richard Tonthat
Harrison Clarke
Seamus Fricker
+44 (0)20 3207
Berenberg (Broker) 7800
Chris Bowman
Toby Flaux
Laure Fine
About Alpha FMC:
Alpha FMC is a leading global provider of specialist consultancy
services to the asset and wealth management industry.
With over 350 consultants and contractors across nine major
cities (London, Edinburgh, New York, Boston, Paris, Geneva,
Amsterdam, Luxembourg and Singapore), Alpha FMC has provided
consultancy services to over 250 clients, including 17 of the 20
largest global asset managers by AUM.
- ENDS -
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END
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