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RNS Number : 5133V

Alpha Fin Markets Consulting plc

14 December 2021

14 December 2021

Alpha Financial Markets Consulting plc

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

PDMR share award vesting and exercise, and total voting rights

Alpha FMC (AIM: AFM), a leading global provider of specialist consultancy services to the asset management, wealth management and insurance industries, announces that on 13 December 2021, 22,883 Joint Share Ownership Plan ("JSOP") awards granted in December 2018 have vested following the satisfaction of performance conditions.

These are awards held by John Paton, Chief Financial Officer and a Person Discharging Managerial Responsibilities ("PDMR"), and the awards' performance conditions, relating to earnings per share growth, total shareholder return exceeding a basket of comparable companies and behavioral criteria, were met in full. As a result, 22,883 nominal cost awards over ordinary shares of 0.075 pence per share in the Company ('Ordinary Shares') vested.

The vested awards have been exercised in full and the Company will satisfy these exercised awards using existing shares held in the Alpha Employee Benefit Trust ("EBT"). After this exercise, John Paton holds 329,830 MIP options and JSOP Shares and he and his immediate family are beneficially interested in 60,522 Ordinary Shares representing 0.05% of the Company's total voting rights.

Following the above transaction, the Company will have 118,238,586, Ordinary Shares in issue, of which 6,243,770 are held in the Company's Employee Benefit Trust. No shares are held in treasury. The total number of voting rights in the Company will therefore be 111,994,816, which 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 Guidance and Transparency Rules.

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                             John Paton 
 2      Reason for the notification 
 a)     Position/status                   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               Vesting and exercise of share award over Ordinary 
         financial instrument,            shares of 0.075p each 
         type of instrument 
 
         Identification 
         code 
                                          ISIN: GB00BF16C058 
 b)     Nature of the transaction        Share award vested under the Alpha Financial 
                                          Markets Consulting plc Joint Stock Ownership 
                                          Plan 
        Price and volume                  Price             Volume 
   c)                                      GBP1 total 
                                            consideration    22,883 
 d)     Aggregated information           As above 
        Date of the transaction          13 December 2021 
 f)     Place of the transaction         Outside a trading venue 
 

Enquiries :

For further information, please contact:

 
                                                 +44 (0)20 7796 
 Alpha Financial Markets Consulting plc           9300 
 Euan Fraser ( Global Chief Executive Officer 
  ) 
  John Paton ( Chief Financial Officer ) 
 Investec Bank plc - Nominated Adviser, Joint    +44 (0)20 7597 
  Corporate Broker                                4000 
 Patrick Robb 
  James Rudd 
  Harry Hargreaves 
                                                 +44 (0)20 3207 
 Berenberg - Joint Corporate Broker               7800 
 Chris Bowman 
  Toby Flaux 
  Alix Mecklenburg-Solodkoff 
                                                 +44 (0)20 3757 
 Camarco - Financial PR                           4980 
 Ed Gascoigne-Pees 
  Jake Thomas 
                                                 +44 (0)7407 
 Prism Cosec - Company Secretary                  733 518 
 Sally Chandler 
 

About Alpha FMC:

Alpha is a leading global consultancy to the asset management, wealth management and insurance industries. With over 6 50 consultants across 15 offices spanning the UK, North America , Europe and APAC , Alpha has the largest dedicated team in the industry. Alpha has provided specialist consult ing services to over 6 50 clients, including 9 5 per cent of the 20 largest global asset managers by AUM and a range of other buy-side firms.

- ENDS -

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December 14, 2021 02:00 ET (07:00 GMT)

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