Alpha Growth PLC Shareholder Information Update (4518J)
April 27 2022 - 2:01AM
UK Regulatory
TIDMALGW
RNS Number : 4518J
Alpha Growth PLC
27 April 2022
Alpha Growth Plc
("Alpha", or the "Company")
Shareholder Information Update
Alpha Growth Plc (LSE: ALGW and OTCQB: ALPGF), a leading
financial services specialist in the growing longevity asset class,
it is very pleased to provide the following shareholder information
update.
Publication of Annual Report
In line with other listed companies, Alpha Growth will publish
its annual report before the end of the FCA extended period of the
end of June, as opposed to April as previously announced. The FCA
provided this UK wide extension to ensure companies and their
advisors could deliver quality audited financials despite any
absences which they may have suffered due to the impact of
covid.
This allows the Company and its corporate and subsidiary
auditors, PKF and KPMG respectively, to provide the IFRS framework
accounts in a timely manner.
All accounting and audit work is progressing as expected and we
look forward to publishing our annual report before the extended
deadline.
The Company will announce the date for the annual general
meeting at or shortly after publishing its annual report and
expects to hold an in-person meeting.
Shareholder communications
In support of our previous commitment to bolster communications
with existing shareholders, as well as attract an additional new
cohort of shareholders to the Company, we are currently creating a
range of videos and presentations which will provide more insight
into Alpha's offerings as well as our future growth strategy.
We expect these videos and presentations to be published next
month.
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)
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. 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.
Forward Looking Statements Disclaimer
Certain statements, beliefs and opinions in this document are
forward-looking, which reflect the Company's or, as appropriate,
the Company's directors' current expectations and projections about
future events. By their nature, forward-looking statements involve
a number of risks, uncertainties and assumptions that could cause
actual results or events to differ materially from those expressed
or implied by the forward-looking statements. These risks,
uncertainties and assumptions could adversely affect the outcome
and financial effects of the plans and events described herein.
Forward-looking statements contained in this document regarding
past trends or activities should not be taken as a representation
that such trends or activities will continue in the future. The
Company does not undertake any obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. You should not place undue reliance on
forward- looking statements, which speak only as of the date of
this document. Readers should not treat the contents of this
document as advice relating to legal, taxation or investment
matters, and are to make their own assessments concerning these and
other consequences, including the merits of information and the
risks. Readers of this announcement are advised to conduct their
own due diligence and agree to be bound by the limitations of this
disclaimer.
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.
ENDS
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