Alpha Fin Markets Consulting plc Grant of JSOP, PDMR and Total Voting Rights (7403J)
07 December 2018 - 4:26AM
UK Regulatory
TIDMAFM
RNS Number : 7403J
Alpha Fin Markets Consulting plc
06 December 2018
6 December 2018
Alpha Financial Markets Consulting plc
("Alpha FMC" or the "Company" or the "Group")
Grant of JSOP incentive awards, PDMR Dealing
and Total Voting Rights
Alpha FMC (AIM: AFM), a leading global provider of specialist
consultancy services to the Asset and Wealth Management industry
announces that the Company has today made a grant of staff
incentive awards.
Today, the Company granted 57,207 MIP awards comprising Joint
Share Ownership Plan ("JSOP") awards. Consistent with previous MIP
awards, these JSOP Shares (i) have a nominal or nil consideration,
(ii) will vest after three years, (iii) have a 10 year term, and
(iv) are subject to certain individual or Group performance
conditions. There will be no voting rights attached to the JSOP
Shares whilst they are held in the JSOP.
22,883 of the 57,207 MIP awards granted today have been granted
to John Paton. Following the grant of the MIP awards, John Paton
will hold 54,133 JSOP Shares and John Paton and his immediate
family will be beneficially interested in 37,639 ordinary shares of
0.075 pence in the Company ("Ordinary Shares") representing 0.04%
of the Company's total voting rights.
Further, the Company also bought back today 333,679 Ordinary
Shares from prior employees ("Reclaimed Shares") for nominal value.
Of the Reclaimed Shares, 279,740 Ordinary Shares are held in
Treasury and the remaining Ordinary Shares have been used to
satisfy the above JSOP awards. No new Ordinary Shares have been
issued by the Company.
Following the JSOP Share award grants the Company will have
3,199,637 outstanding share options and JSOP Shares in total,
representing approximately 3.14 per cent. of the issued share
capital of the Company. Within this total, 2,906,194 MIP options or
JSOP Share awards are outstanding.
Further options or share awards made at the discretion of the
Company following the date of this announcement are subject to a
maximum of 3,395,000 MIP options or share awards in total until
after the FY19 results announcement, as set out in the AIM
Admission Document.
In accordance with the Financial Conduct Authority's Disclosure
and Transparency Rules, following the above the Company has
101,974,874 Ordinary Shares in issue, 354,740 of which are held in
Treasury. The total number of voting rights in the Company is
101,150,140.
The above figure of 101,150,140 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 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 JOHN PATON
2 Reason for the notification
a) Position/status PDMR CHIEF FINANCIAL 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 ORDINARY SHARES OF 0.075p EACH IN ALPHA FINANCIAL
financial instrument, MARKETS CONSULTING PLC
type of instrument
Identification ISIN: GB00BF16C058
code
b) Nature of the transaction SHARES AWARD GRANTED TO THE PDMR LISTED UNDER
THE ALPHA FINANCIAL MARKETS CONSULTING PLC
MANAGEMENT INCENTIVE PLAN 2018
Price and volume Name(s) Price Share award
c) GBP1 total
JOHN PATON consideration 22,883
d) Aggregated information Total 22,883 JSOP Shares at GBP1 total consideration
Date of the transaction 6 December 2018
f) Place of the transaction London, Off-market
Enquiries:
+44 (0)20 7796
Alpha Financial Markets Consulting plc 9300
Euan Fraser, Global Chief Executive Officer
John Paton, Chief Financial Officer
Temple Bar Advisory
+44 (0)7795 425
Alex Child-Villiers 580
+44 (0)7827 960
William Barker 151
+44 (0)7769 655
Sam Livingstone 437
+44 (0)20 7383
Grant Thornton UK LLP (Nominated Adviser) 5100
Philip Secrett
Richard Tonthat
Harrison Clarke
Seamus Fricker
+44 (0)20 3207
Berenberg (Broker) 7800
Chris Bowman
Toby Flaux
Laure Fine
About Alpha FMC:
Alpha FMC is a leading global provider of specialist consultancy
services to the asset and wealth management industry.
With over 350 consultants and contractors across nine major
cities (London, Edinburgh, New York, Boston, Paris, Geneva,
Amsterdam, Luxembourg and Singapore), Alpha FMC has provided
consultancy services to over 250 clients, including 17 of the 20
largest global asset managers by AUM.
- ENDS -
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END
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