Director/PDMR Shareholding

RNS Number : 1992H

Alpha Fin Markets Consulting plc

02 December 2020

 

2 December 2020

Alpha Financial Markets Consulting plc

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

PDMR dealing

Alpha FMC (AIM: AFM), a leading global provider of specialist consultancy services to the Asset and Wealth Management industry, announces that it has been notified that Euan Fraser, Global Chief Executive Officer, sold on 27 and 30 November 2020 a total of 1,042,596 ordinary shares of 0.075p each ('Ordinary Shares') in the Company, following the third anniversary of the Company's IPO and admission to trading on AIM.

Following this sale, Euan Fraser holds 615,637 MIP options and JSOP Shares awards and he and his immediate family are beneficially interested in 563,485 Ordinary Shares representing 0.55% of the Company's total voting rights.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide additional detail. 

Notification and public disclosure of transactions by persons discharging managerial responsibilities (PDMR) and persons closely associated with them (PCA) required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Euan Fraser
2	Reason for the notification
a)	Position/status	Global 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 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	Ordinary Shares of 0.075p each ('Ordinary Shares') ISIN: GB00BF16C058
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s) 27 November 2020 30 November 2020	Price Volume Totals £2.30 £2.30 924,947 117,649 £2,127,378.10 £270,592.70
d)	Aggregated information	1,042,596 shares sold at £2.30 per share totalling £2,397,970.80
	Date of the transaction(s)	27 & 30 November 2020
f)	Place of the transaction(s)	AIM, LSE

  E nquiries :

Alpha Financial Markets Consulting plc	[phone]
Euan Fraser, Global Chief Executive Officer John Paton, Chief Financial Officer
Grant Thornton UK LLP (Nominated Adviser)	[phone]
Philip Secrett Harrison Clarke Seamus Fricker
Berenberg (Joint Broker)	[phone]
Chris Bowman Toby Flaux Alix Mecklenburg-Solodkoff
Investec Bank plc (Joint Broker)	[phone]
Patrick Robb James Rudd Will Fenby
Temple Bar Advisory (Public Relations)
Alex Child-Villiers	[phone]
William Barker	[phone]
Sam Livingstone	[phone]
Prism Cosec (Company Secretary)	[phone]
Sally Chandler

About Alpha FMC:

Alpha FMC is a leading global provider of specialist consultancy services to the asset and wealth management industry.

With over 430 consultants across twelve offices spanning the UK, Europe, North America and Asia, Alpha FMC has the largest dedicated team in the industry. Alpha FMC has provided consultancy services to over 400 clients , including 85% of the 20 largest global asset managers by AUM and a range of other buy-side firms. 

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