International FX and payments company Alpha Group International plc (LON:ALPH), a provider of financial solutions dedicated to corporates and institutions, has announced that its ordinary shares will be admitted to the premium listing segment of the Official List of the Financial Conduct Authority (the FCA) and to trading on the main market for listed securities (the “Main Market”) of London Stock Exchange plc as at 8:00am today, and cancelled from trading on AIM.
The Company is not offering any new Ordinary Shares nor any other securities in connection with Admission. Following Admission, the Company’s Ordinary Shares will continue to be registered with their existing ISIN of: GB00BF1TM596. The Company’s ticker symbol will continue to be “ALPH”.
Alpha had announced plans last month to move from AIM to the London Main Market, stating at the time that:
“Our business is growing in size, becoming more global, and gaining interest from increasingly larger clients. We believe that a Main Market Premium listing will serve to further enhance our reputation and support our market penetration as we move into additional countries and engage larger clients.
“At the same time, Premium Listing standards will align with Alpha’s commitment to providing higher levels of governance and disclosure, both of which we know will continue to be well-received by our clients, banking partners and investors alike.”
The Company said that its shareholders should consult their own tax advisers as to the tax implications of the Company’s move to the Main Market.
