Trading Statement

RNS Number : 7749B

Alpha FX Group PLC

25 September 2018

 

25 September 2018

Alpha FX Group plc

("Alpha FX" or "Alpha" or the "Group")

Trading update

Alpha FX Group plc (AIM:AFX), a UK-based foreign exchange service provider working for corporates and institutions, today announces a trading update ahead of the year ending 31 December 2018.

The Board is pleased to announce that trading for the month of September to date has been particularly strong as the positive impact from investments made in the first half has begun to accelerate. 

Given the strong sales performance, the Board anticipates that the results for the full year ending 31 December 2018 will be ahead of current market expectations.

Enquiries:

Alpha FX Group plc                                                                                              via Alma PR

Morgan Tillbrook, Founder and CEO

Tim Kidd, CFO

Henry Lisney, COO

Liberum Capital Limited (Nominated Adviser and Sole Broker)                    Tel: [phone]

Neil Patel

Richard Bootle

Kane Collings

Alma PR (Financial Public Relations)                                                                 Tel: [phone]

Josh Royston

Helena Bogle

Rebecca Sanders - Hewett

Market Abuse Regulation

This announcement is released by Alpha FX Group plc and contains inside information for the purposes of the Market Abuse Regulation (EU) 596/2014 ("MAR") and is disclosed in accordance with the Company's obligations under Article 17 of MAR. The person who arranged for the release of this announcement on behalf of Alpha FX Group plc was Tim Kidd, Chief Financial Officer.

Notes to Editors

Alpha FX is a UK-based foreign exchange service provider focused on managing exchange rate risk for corporates and institutions that trade internationally. The Group's primary client base consists of corporates and institutions that have a requirement to convert currency for a commercial purpose, such as buying or selling goods and services overseas, repatriating profits, or expatriating payroll. Since it was incorporated in 2010, Alpha FX has been able to build and retain a high-quality client base that includes a number of highly respected household brands.

 

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