Intention to Float and Proposed Admission to Trading on AIM

Alpha is pleased to announce that it intends to seek Admission of its Shares to trading on the AIM market of the London Stock Exchange plc, which is expected to take place in October 2017.

With over 250 consultants and contractors across nine major cities (London, Edinburgh, New York, Boston, Paris, Geneva, The Hague, Luxembourg and Singapore), Alpha has provided consultancy services to over 200 clients, including 17 of the 20 largest global asset managers by AIM and 60 per cent. of the top 50 as at 31 March 2017.

Alpha has enjoyed substantial growth in the last six years, driven principally by strong market demand for its established product offering which combines industry‐leading consulting expertise with detailed proprietary benchmarking data.

Whilst overall AIM is growing, the asset and wealth management industry is experiencing challenges stemming from regulatory changes and cost pressures from the regulators and end clients. These factors are driving an increased focus by asset and wealth managers on improving systems, data quality and operational processes, in order to gain a competitive advantage, generate above average returns and reduce costs. This in turn has helped drive the management consulting services provided to the asset and wealth management industry, across the spectrum of front, middle and back office functions.

Euan Fraser, Chief Executive Officer of Alpha, said:

“We are delighted to be joining AIM at such a pivotal time in the Company’s development. Alpha has enjoyed a period of solid investment under its current ownership by Dunedin and this placing and admission to AIM will allow Alpha to retain its strong employee and growth‐oriented culture and to invest more readily in future expansion through the pay down of all existing debt facilities.

Alpha has built a fabulous reputation and brand within the Asset and Wealth management sector. This is due to our truly outstanding team of consultants, who are passionate about delivering the very highest quality service to our clients on every single engagement. Alpha’s success to date is thanks to the incredible hard work and dedication of the whole team.

Admission to AIM will further enhance Alpha’s profile and brand recognition amongst potential clients and allow us to grow in both existing and new jurisdictions, whilst moving into additional parts of the asset and wealth management value chain.”