Alpha Growth PLC Change of Adviser (9521V)
December 17 2021 - 2:00AM
UK Regulatory
TIDMALGW
RNS Number : 9521V
Alpha Growth PLC
17 December 2021
17 December 2021
Alpha Growth plc
(" Alpha ", or the "Company")
Appointment of Arden Partners plc
Alpha Growth Plc (LSE: ALGW and OTCQB: ALPGF), a leading
financial services specialist in the growing uncorrelated longevity
asset class is pleased to announce the appointment of Arden Partner
Plc ("Arden") as broker to the Company.
Gobind Sahney, Executive Chairman of Alpha, commented:
"I and the Directors are pleased to be working with the team at
Arden and look forward to their support in Alpha's growth."
Ruari McGirr, Joint Head of Corporate Finance, commented:
"Arden Partners are delighted to have been appointed as broker
to Alpha Growth plc. Gobind and his team have created an extremely
interesting business focusing on an underserved area of financial
markets that nonetheless have great significance to many large
investors. We look forward to helping Alpha Growth execute their
growth strategy."
** ENDS **
For more information, please visit www.algwplc.com or contact
the following:
Alpha Growth plc +44 (0) 20 3959 8600
Gobind Sahney, Executive Chairman info@algwplc.com
Arden Partners plc +44 (0) 20 7614 5900
Ruari McGirr / Alexandra Campbell-Harris
(Corporate Finance)
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. Building on its well-established
network, the Alpha Growth group has a unique position in the
longevity 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.
Important Notice
The content of this announcement has not been approved by an
authorised person within the meaning of the Financial Services and
Markets Act 2000 (FSMA). This announcement has been issued by and
is the sole responsibility of the Company. The information in this
announcement is subject to change.
This announcement is not an offer of securities for sale into
the United States. The securities referred to herein have not been
and will not be registered under the U.S. Securities Act of 1933,
as amended (the Securities Act), and may not be offered or sold,
directly or indirectly, in or into the United States, except
pursuant to an applicable exemption from registration. No public
offering of securities is being made in the United States. This
announcement is not for release, publication or distribution,
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where to do so might constitute a violation of local securities
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and the information contained herein are not for release,
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END
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