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Warrant Issue Update

  Download PDF - 1st March 2019

Alpha Prospects Limited
("Alpha" or the "Company")

Warrant Issue Update and Exercise Period Extension
Directors Shareholding

Alpha Prospects Limited, the investment management company focussed on companies with fast growth and/or recovery prospects, is pleased to announce that a further 2,325,507 warrants have been exercised, raising £46,510.

Christopher Foster, Chief Executive, subscribed for 250,000 shares taking his shareholding to 91,451,730 representing 24.8 % of the issued equity and Steven Freudmann, Chairman, subscribed for 125,000 shares taking his shareholding to 9,927,454 shares representing 2.7%.

Due to ongoing demand and improving prospects the Alpha Board has extended the warrant period to 1st June 2019.

In addition, the Company has appointed the Davhan Group to assist in this current fund raise.

The total number of shares in issue is now 368,930,761.

The Directors are responsible for the contents of this announcement.

Company website: http://www.alphaprospectsplc.com


Enquiries:

Alpha Prospects
Christopher Foster
+44 (0) 7525 688 741

Lothbury Financial Services
Michael Padley
+44 20 3290 0707

Editors’ Note

About Alpha Prospects

The Company’s strategy is to make investments in companies with fast growth and/or recovery prospects. Typically the companies in which Alpha Prospects will invest are in the small and micro-cap sector and the Company’s interest in its investments is proactive. Currently Alpha has 11 investments.

The Directors are responsible for the contents of this announcement.