RSU vesting, PDMR dealing and total voting rights

Alpha Fin Markets Consulting plc

09 July 2024

 

9 July 2024

Alpha Financial Markets Consulting plc

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

RSU vesting, PDMR dealing and total voting rights

Alpha FMC (AIM: AFM), a leading global consultancy to the financial industry, announces that a Restricted Stock Units ("RSU") award under the Company's Management Incentive Plan ("MIP") held by Luc Baqué, a person discharging managerial responsibilities ("PDMR"), vested on 8 July 2024 in respect of a total of 205,882 Ordinary Shares. This RSU award vesting was satisfied by the transfer of existing shares held in the Alpha Employee Benefit Trust ("EBT"). Following the vesting, Luc Baqué holds unvested MIP awards in respect of 432,791 Ordinary Shares and he and his immediate family are beneficially interested in 1,428,996 Ordinary Shares representing 1.17% of the Company's total voting rights.

Following the above, the Company will have 122,009,736 Ordinary Shares in issue, of which 7,093,567 are held in the EBT.  No shares are held in treasury. The total number of voting rights in the Company will therefore be 122,009,736. This figure includes the 7,093,567 Ordinary Shares currently held in the EBT as the Ordinary Shares hold voting rights albeit the EBT does not exercise these voting rights nor receive dividends in respect of these shares. Therefore, 114,916,169 Ordinary Shares have exercisable voting rights and the Group's earnings per share calculation excludes the 7,093,567 Ordinary Shares held by the EBT.

This 122,009,736 figure 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 and Transparency Rules.

The notifications below, made in accordance with the requirements of Article 19 of the UK 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)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Luc Baqué
2	Reason for the notification
a)	Position/status	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	Vesting of RSU 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 Management Incentive Plan
c)	Price and volume	Price Volume nil 205,882
d)	Aggregated information	As above
	Date of the transaction	8 July 2024
f)	Place of the transaction	Outside a trading venue

Enquiries:

For further information, please contact:

Alpha Financial Markets Consulting plc	[phone]
Luc Baqué (Chief Executive Officer) John Paton (Chief Financial Officer)
Investec Bank plc - Nominated Adviser and Joint Corporate Broker	[phone]
Patrick Robb James Rudd St John Hunter
Berenberg - Joint Corporate Broker	[phone]
Toby Flaux James Thompson Alix Mecklenburg-Solodkoff
Camarco - Financial PR	[phone]
Ed Gascoigne-Pees Phoebe Pugh
Company Secretary
Georgina Sharley	[phone]

About Alpha FMC:

Headquartered in the UK and quoted on the Alternative Investment Market of the London Stock Exchange, Alpha is a leading global consultancy to the financial services industry.

Alpha combines highly specialist, sector-focussed management consulting and technology expertise to support the client transformation lifecycle. It has approximately 1,000 consultants globally, operating from 17 client-facing offices spanning the UK, North America, Europe and APAC.

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