REG - Alpha Growth PLC - Results of the Annual General Meeting

Alpha GrowthAnnouncement

20/06/2022 16:15

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RNS Number : 5307P  Alpha Growth PLC  20 June 2022

 

 

Alpha Growth plc

("Alpha" or the "Company")

Results of the Annual General Meeting

Alpha Growth Plc (LSE: ALGW and OTCQB: ALPGF), a leading financial services
specialist in the growing longevity asset class, is pleased to announce that
all resolutions proposed at its Annual General Meeting, held 20 June 2022,
were duly passed.

The Directors wish to thank the very supportive shareholders who attended the
in-person meeting for their attendance and continued support. At the meeting,
Gobind Sahney, Executive Chairman & CEO, took questions from the attending
shareholders. A summary of the questions and answers presented at the meeting
will be posted online.

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)

 Arden Partners plc                                            +44 (0) 20 7614 5900
 Ruari McGirr / Alexandra Campbell-Harris (Corporate Finance)

 UK Investor Relations - Mark Treharne                         ir@algwplc.com (mailto: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 life
insurance linked 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.

 

ENDS

 

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