Exercise of Options

13 August 2020

Alpha FX Group plc

("Alpha FX" or the "Company")

Exercise of Options

Alpha FX Group plc (AIM:AFX), a UK-based foreign exchange service provider working for corporates and institutions, today notes that it has received an exercise notice from an employee to exercise options in respect of 1,038 shares pursuant to the Company's Save As You Earn share scheme.

Application has been made for the 1,038 new ordinary shares of £0.002 each in the Company (the "New Ordinary Shares") to be admitted to trading on AIM. The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares of the Company and will be admitted to trading on or about 18 August 2020.

Following the issue of the New Ordinary Shares, the issued share capital of the Company will comprise 40,066,171 ordinary shares of £0.002 each. The total number of ordinary shares carrying voting rights in Alpha is therefore 40,066,171. This figure will represent the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

Enquiries:

Alpha FX Group plc via Alma PR

Morgan Tillbrook, Founder and CEO

Tim Kidd, CFO

Liberum Capital Limited (Nominated Adviser and Sole Broker)    Tel: +44 (0) 20 3100 2000 

Neil Patel

Richard Bootle

Kane Collings

Alma PR (Financial Public Relations)   Tel: +44 0203 405 0205

Josh Royston

Helena Bogle

Notes to Editors

Alpha is an FX risk management and payments specialist that combines people and technology to help organisations more effectively manage currency.  In an industry that typically works with tens of thousands, the Company partners with a small number of high value institutions and corporates, to provide enterprise-level solutions across three key areas: FX risk management, international payments and collections.

Since it was incorporated in 2010, Alpha FX has been able to build and retain a high-quality client base that includes a number of highly respected brands.