Results of the Annual General Meeting

RNS Number : 5307P

Alpha Growth PLC

20 June 2022

 

Alpha Growth plc

(" Alpha " or the "Company")

Results of the Annual General Meeting

Alpha Growth Plc (LSE: ALGW and OTCQB: ALPGF), a leading financial services specialist in the growing longevity asset class, is pleased to announce that all resolu ti ons proposed at its Annual General Mee ti ng, held 20 June 2022, were duly passed.

The Directors wish to thank the very supportive shareholders who attended the in-person meeting for their attendance and con ti nued support. At the meeting, Gobind Sahney, Executive Chairman & CEO, took questions from the attending shareholders. A summary of the questions and answers presented at the meeting will be posted online.

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

Alpha Growth Plc	[phone]
Gobind Sahney, Executive Chairman	[e-mail]
Arden Partners plc	[phone]
Ruari McGirr / Alexandra Campbell-Harris (Corporate Finance)
UK Investor Relations - Mark Treharne	[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 life insurance linked longevity assets. Building on its well-established network, the Alpha Growth Group has a unique position in the longevity asset services and investment business, as a listed entity with global reach. The Group'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 holistic solutions to alternative institutional investors who are in need of specialised skills and unique access to deploy their financial resource in longevity assets.

Longevity Assets and Non-correlation

As a longevity asset, it is non-correlated to the real estate, equity capital and commodity markets.  Its value is a function of time because as time passes the value gets closer to the face value of the policy. Hence creating a steady increase in the net asset value of the investment. This makes it highly attractive to investors wishing to counteract volatility within an investment portfolio and add yield.

Note: The Company only advises on and manages Longevity Assets that originate in the USA where the structured and life settlement market is highly regulated.

Important Notice

The content of this announcement has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 (FSMA). This announcement has been issued by and is the sole responsibility of the Company. The information in this announcement is subject to change.

ENDS

 

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