REG - Alpha Growth PLC - Change of Adviser

Alpha GrowthAnnouncement

17/12/2021 07:00

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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 (http://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)

 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, directly or
indirectly, in or into the United States, Australia, Canada, the Republic of
South Africa, Japan or any jurisdiction where to do so might constitute a
violation of local securities laws or regulations (a Prohibited
Jurisdiction). This announcement and the information contained herein are not
for release, publication or distribution, directly or indirectly, to persons
in a Prohibited Jurisdiction unless permitted pursuant to an exemption under
the relevant local law or regulation in any such jurisdiction.

 

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