Acquisition: Completion of ALM Acquisition

RNS Number : 4508O

Alpha Growth PLC

30 January 2019

 

30 January 2019

Alpha Growth plc

("Alpha", or the "Company")

Completion of ALM Acquisition

Alpha Growth plc (LSE: ALGW), the financial services specialist in the growing Senior Life Settlement ("SLS") asset class announces, further to the Acquisition of ALM RNS release dated 18 July 2018, that the change of control application for Alpha to acquire 100% of the share capital of the regulated entity Alpha Longevity Management Ltd has been approved by the British Virgin Islands Financial Services Commission. Accordingly, all conditions have now been satisfied and the acquisition has now financially closed. 

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

For more information, please visit www.algwplc.com or contact the following:

Alpha Growth plc	[phone]
Gobind Sahney, Executive Chairman	[e-mail]
VOX Markets (Digital IR)	[phone]
Abraham Darwyne	[e-mail]
Novum Securities Limited (Corporate Broker)	[phone]
Colin Rowbury	[e-mail]

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, Alpha Growth has a unique position in the longevity asset services and investment business, as a listed entity with global reach. The Company'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 a wholistic solutions to alternative institutional investors who are in need of specialised skills and unique access to deploy their financial resource in longevity assets.

 

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