Alpha Prospects Limited
(“Alpha” or the “Company”)
Issue of Shares
Alpha Prospects Limited, the investment management company focussed on companies with fast growth and/or recovery prospects, announces that it has issued a total of 2,727,272 New Ordinary Shares @ 5.5 pence per share to raise £150,000. The New Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares of the Company.
Included in this placing, Steven Freudmann, Chairman has increased his shareholding by 45,454 shares taking his holding to 9,802,454 shares (representing 2.7% of the issued Share Capital) and Christopher Foster, Chief Executive has increased his holding by 109,090 shares talking the total to 90,535,063 shares (representing 24.7%).
Following this issue Alpha has a total of 366,492,118 Ordinary Shares in issue. This figure of 366,492,118 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.