REG - Alpha Fin. Markets - RSU vesting, PDMR dealing and total voting rights

Alpha Financial Markets ConsultingAnnouncement

23/06/2023 07:00

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RNS Number : 6643D  Alpha Fin Markets Consulting plc  23 June 2023

23 June 2023

Alpha Financial Markets Consulting plc

('Alpha FMC', 'Alpha', the 'Company' or 'Group')

RSU vesting, PDMR dealing 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 265,198 Restricted Stock Units ("RSU") vested on 22 June 2023
and the shares were transferred under the Company's Management Incentive Plan
("MIP").

The Company will satisfy these vested RSUs using existing shares held in the
Alpha Employee Benefit Trust ("EBT").

Of the vested RSU awards, 154,185 relate to awards held by Luc Baqué, a
person discharging managerial responsibilities ("PDMRs").  Following the
vesting, Luc Baqué holds 459,186 unvested MIP options and he and his
immediate family are beneficially interested in 1,223,114 Ordinary Shares
representing 1.02% of the Company's total voting rights.

Following the above, the Company will have 120,509,736 Ordinary Shares in
issue, of which 6,009,182 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 120,509,736. This figure includes the 6,009,182
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 114,500,554, Ordinary Shares
have exercisable voting rights and the Group's earnings per share calculation
excludes these 6,009,182 Ordinary Shares held by the EBT.

This figure 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.

The notifications below, made in accordance with the requirements of Article
19 of the UK Market Abuse Regulation, provide additional detail.

Notification and public disclosure of transactions by persons discharging
managerial responsibilities (PDMR) and persons closely associated with them
(PCA)

 

 1     Details of the person discharging managerial responsibilities / person closely
       associated
 a)    Name                                                         Luc Baqué
 2     Reason for the notification
 a)    Position/status                                              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 Financial Markets Consulting plc
 b)    LEI                                                          2138003XGYCLWLC7GF39
 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  Vesting of RSU award over Ordinary Shares of 0.075p each

Identification code

                                                                    ISIN: GB00BF16C058
 b)    Nature of the transaction                                    Share award vested under the Alpha Financial Markets Consulting plc Management
                                                                    Incentive Plan
  c)   Price and volume                                             Price  Volume
                                                                    nil    154,185
 d)    Aggregated information                                       As above

       Date of the transaction                                      22 June 2023
 f)    Place of the transaction                                     Outside a trading venue

b)

Initial notification/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor

a)

Name

Alpha Financial Markets Consulting plc

b)

LEI

2138003XGYCLWLC7GF39

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

Identification code

Vesting of RSU award over Ordinary Shares of 0.075p each

 

ISIN: GB00BF16C058

b)

Nature of the transaction

Share award vested under the Alpha Financial Markets Consulting plc Management
Incentive Plan

 c)

Price and volume

 Price  Volume
 nil    154,185

d)

Aggregated information

As above

 

Date of the transaction

22 June 2023

f)

Place of the transaction

Outside a trading venue

 

 

Enquiries:

For further information, please contact:

 Alpha Financial Markets Consulting plc                            +44 (0)20 7796 9300
 Luc Baqué (Chief Executive Officer)

 John Paton (Chief Financial Officer)
 Investec Bank plc - Nominated Adviser and Joint Corporate Broker  +44 (0)20 7597 4000
 Patrick Robb

 James Rudd

 Harry Hargreaves
 Berenberg - Joint Corporate Broker                                +44 (0)20 3207 7800
 Toby Flaux

 James Thompson

 Alix Mecklenburg-Solodkoff
 Camarco - Financial PR                                            +44 (0)20 3757 4980
 Ed Gascoigne-Pees

 Phoebe Pugh
 Prism Cosec - Company Secretary                                   +44 (0)7581 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 -

 

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