Director/PDMR Shareholding

RNS Number : 5133V

Alpha Fin Markets Consulting plc

14 December 2021

 

14 December 2021

Alpha Financial Markets Consulting plc

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

PDMR share award vesting and exercise, 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 on 13 December 2021, 22,883 Joint Share Ownership Plan ("JSOP") awards granted in December 2018 have vested following the satisfaction of performance conditions.

These are awards held by John Paton, Chief Financial Officer and a Person Discharging Managerial Responsibilities ("PDMR"), and the awards' performance conditions, relating to earnings per share growth, total shareholder return exceeding a basket of comparable companies and behavioral criteria, were met in full. As a result, 22,883 nominal cost awards over ordinary shares of 0.075 pence per share in the Company ('Ordinary Shares') vested.

The vested awards have been exercised in full and the Company will satisfy these exercised awards using existing shares held in the Alpha Employee Benefit Trust ("EBT"). After this exercise, John Paton holds 329,830 MIP options and JSOP Shares and he and his immediate family are beneficially interested in 60,522 Ordinary Shares representing 0.05% of the Company's total voting rights.

Following the above transaction, the Company will have 118,238,586, Ordinary Shares in issue, of which 6,243,770 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 111,994,816, which 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 Guidance and Transparency Rules.

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	John Paton
2	Reason for the notification
a)	Position/status	Chief Financial 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 Identification code	Vesting and exercise of share 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 Joint Stock Ownership Plan
c)	Price and volume	Price Volume £1 total consideration 22,883
d)	Aggregated information	As above
	Date of the transaction	13 December 2021
f)	Place of the transaction	Outside a trading venue

Enquiries :

For further information, please contact:

Alpha Financial Markets Consulting plc	[phone]
Euan Fraser ( Global Chief Executive Officer ) John Paton ( Chief Financial Officer )
Investec Bank plc - Nominated Adviser, Joint Corporate Broker	[phone]
Patrick Robb James Rudd Harry Hargreaves
Berenberg - Joint Corporate Broker	[phone]
Chris Bowman Toby Flaux Alix Mecklenburg-Solodkoff
Camarco - Financial PR	[phone]
Ed Gascoigne-Pees Jake Thomas
Prism Cosec - Company Secretary	[phone]
Sally Chandler

About Alpha FMC:

Alpha is a leading global consultancy to the asset management, wealth management and insurance industries. With over 6 50 consultants across 15 offices spanning the UK, North America , Europe and APAC , Alpha has the largest dedicated team in the industry. Alpha has provided specialist consult ing services to over 6 50 clients, including 9 5 per cent of the 20 largest global asset managers by AUM and a range of other buy-side firms. 

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