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RCS - Alpha Growth PLC - Jason Sutherland Receives Industry Recognition

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RNS Number : 4318T  Alpha Growth PLC  14 November 2023

 

 

REACH: non-regulatory announcement

Alpha Growth plc

("Alpha" or the "Company")

Jason Sutherland receives prestigious industry award

Alpha Growth Plc (LSE: ALGW and OTCQB: ALPGF), a leading financial services
specialist in the growing longevity asset class and insurance linked asset
management business, congratulates Jason Sutherland (Executive Director of the
Company) on receiving the Alexander Hamilton Award from the National
Association of Settlement Purchasers (NASP).

The industry's highest award is presented to an individual that has
contributed to furthering and preserving the ideals of the industry at its
highest standards consistently. Past recipients have included industry
pioneers and senior political leaders who champion consumer rights.

NASP is dedicated to ensuring the secondary market for structured settlement
transfers remains fair, competitive, and transparent.  It strives to improve
awareness and understanding of how this vital market works. Since 1996, NASP
and its members have worked diligently to educate the public, regulators and
others about the benefits of settlement transfers, how they work and how they
are regulated.

Gobind Sahney, Chairman and CEO of Alpha commented: "On behalf of everyone
within the Alpha group we congratulate Jason. His contribution in guiding the
regulatory framework in structured settlements is remarkable and lasting to
the benefit of all involved. We are honoured to have him as part of the Alpha
leadership team."

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 (mailto:info@algwplc.com)
                                                    +44 (0) 20 3328 5656

 Allenby Capital Limited
 Amrit Nahal (Sales and Corporate Broking)
 Nick Athanas / Piers Shimwell (Corporate Finance)
                                                    ir@algwplc.com (mailto:ir@algwplc.com)

 UK Investor Relations - Mark Treharne

 

 

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 and insurance linked asset and wealth managment. Building on its
well-established network, the Alpha Growth group has a unique position in the
insurance and 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.

 

***END***

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