REG - Alpha Growth PLC - Director/PDMR Shareholding

Alpha GrowthAnnouncement

02/04/2025 07:04

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RNS Number : 2399D  Alpha Growth PLC  02 April 2025

 

 

 

 

Alpha Growth plc

("Alpha" or the "Company")

Director / PDMR Dealing

Alpha Growth Plc (LSE: ALGW and OTCQB: ALPGF), a leading financial services
company in the life insurance linked asset/wealth management business, is
pleased to announce that the Company has been notified that the Directors of
the Company named below have purchased ordinary shares of 0.1p each in the
Company ("Shares") as listed below. The resulting interests of each of the
Directors named below in the ordinary shares of the Company are also listed
below.

 Name              Shares in Alpha before purchase  Shares in Alpha purchased  Resulting number of Shares held  % of total shares in issue
 Gobind Sahney     7,045,834                        7,169,791                  14,215,625                       3.04
 Jason Sutherland  3,398,639                        7,169,791                  10,568,430                       2.26

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities.

 1.    Details of the person discharging managerial responsibilities/person closely
       associated
 a)    Name:                                                                         Gobind Sahney
 2.    Reason for the notification
 a)    Position/status:                                                              Executive Chairman & 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 Growth plc
 b)    LEI:                                                                          213800T46KFT32KYKR91
 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:  Ordinary 0.1p

       Identification code:  GB00BYWKBC49

 b)    Nature of the transaction:                                                    Purchase
 c)    Price(s) and volume(s):

Price(s)     Volume(s)
                                                                                     £37,533.86   7,169,791
 d)    Aggregated information:                                                       Single transaction as in 4 c) above

Price(s)  Volume(s)
       Aggregated volume:

       Price:
 e)    Date of the transaction:                                                      2025-03-31
 f)    Place of the transaction:                                                     London Stock Exchange

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

 Price(s)  Volume(s)

e)

Date of the transaction:

2025-03-31

f)

Place of the transaction:

London Stock Exchange

 

 1.    Details of the person discharging managerial responsibilities/person closely
       associated
 a)    Name:                                                                         Jason Sutherland
 2.    Reason for the notification
 a)    Position/status:                                                              Executive Director & Chief Operating 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 Growth plc
 b)    LEI:                                                                          213800T46KFT32KYKR91
 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:  Ordinary 0.1p

       Identification code:  GB00BYWKBC49

 b)    Nature of the transaction:                                                    Purchase
 c)    Price(s) and volume(s):

Price(s)     Volume(s)
                                                                                     £37,533.86   7,169,791
 d)    Aggregated information:                                                       Single transaction as in 4 c) above

Price(s)  Volume(s)
       Aggregated volume:

       Price:
 e)    Date of the transaction:                                                      2025-03-31
 f)    Place of the transaction:                                                     London Stock Exchange

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

 Price(s)  Volume(s)

e)

Date of the transaction:

2025-03-31

f)

Place of the transaction:

London Stock Exchange

 

 

 

 

 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 management. 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.

 

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