ALPHA PROSPECTS PLC
(“Alpha” or the “Company”)
Issue of Shares
Alpha Prospects Plc, the investment management company listed on the GXG Exchange and focussed on companies with fast growth and/or recovery prospects, announces that following a Placing the Company has today issued a total of 600,000 New Ordinary Shares at 2.5p each. The New Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares of the Company.
The monies raised will be used as seed capital for new business ventures.
Following this issue of New Ordinary Shares the shareholding in the Company of Christopher Foster, Chief Executive Officer of Alpha Prospects Plc, has increased by 200,000 shares to 43,850,000, which represents 14.1% of the enlarged issued share capital of the Company.
Alpha now has a total of 310,245,777 Ordinary Shares in issue. This figure of 310,245,777 Ordinary Shares may therefore 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 to their interest in, the share capital of the Company