RCS - Alpha Group Intl PLC - FTSE 250 Inclusion

Alpha InternationalAnnouncement

24/06/2024 07:00

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RNS Number : 2771T  Alpha Group International PLC  24 June 2024

24 June 2024

Alpha Group International plc

 

("Alpha" or the "Group")

 

FTSE 250 Inclusion

 

Alpha Group International plc

 

Alpha Group International plc ("Alpha" or the "Group") (LON: ALPH), a leading
global provider of financial solutions to corporations and institutions, is
pleased to confirm that it has today joined the FTSE 250.

 

Alpha's inclusion in the FTSE 250 index comes less than eight years after its
IPO on AIM in 2017. In that time, the company has grown from a UK team of less
than 40 people transacting circa £1bn per annum, to a team of over 480 across
ten global offices, transacting more than £60bn in 2023. The company's market
capitalisation has subsequently increased more than 15x, from £64m at its
Admission to AIM in 2017 to over £1bn at the time of this announcement.

 

Reaching this milestone underscores the company's consistent financial
performance, the success of its organic growth strategy, and the strength of
its high-performance culture.

 

Morgan Tillbrook, Founder & CEO of Alpha Group said:

 

"Joining the FTSE 250 is a major milestone for Alpha. This recognition is a
testament to the hard work and dedication of our team, their unwavering
commitment to growth and innovation, and the trust and support of our clients
and investors alike. I am very excited about the future for Alpha, and look
forward to us continuing our trajectory of growth and delivering value to our
shareholders in the years ahead."

 

Enquiries:

 

 Alpha Group International plc         Via Alma Strategic Communications

 Morgan Tillbrook, Founder and CEO

 Tim Powell, CFO

 Peel Hunt (Joint Broker)                                          +44 (0) 20 7418

                                   8900
 Neil Patel

 Kate Bannatyne

 Adam Telling

 Liberum (Joint Broker)              +44 (0) 20 3100 2000

 Max Jones

 Edward Mansfield

 Anake Singh

 Alma Strategic Communications                                     +44 (0) 20 3405 0205

 (Financial Public Relations)

 Josh Royston

 Andy Bryant

 Kieran Breheny

 

Notes to editors

 

Alpha is a high-tech, high-touch provider of enhanced financial solutions
dedicated to corporates and institutions globally. Working with clients across
50+ countries, we blend intelligent human capabilities with new technologies
to provide clients with an enhanced alternative to traditional banking
services, with solutions covering: FX risk management, global accounts mass
payments, fund finance and cash management.

 

Key to our success is our team - over 480 people based across nine global
offices, brought together by a high-performance culture and a partnership
ethos that empowers them to act as owners of our business.

 

Whilst we are an established business listed on the London Stock Exchange, we
remain relentlessly focused on maintaining the same level of operational
agility and client focus we had when we first started in 2009. This dynamic,
combined with the passion of our people, have enabled us to make a substantial
and enduring difference to our clients, and deliver a growth story to match.

 

 

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