Alpha FX to Expand Target Market with a Name Change

Alpha FX, a leading provider of FX risk management and alternative banking solutions to corporates and institutions internationally, today announced that it is to seek shareholder approval to effect a change in the name of the company to Alpha Group International plc at an upcoming General Meeting.

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The company also proposes to change the TIDM to "ALPH". There will be no changes to the Company's ISIN.

"This name change reflects the company's evolution from being solely a provider of foreign exchange or 'FX' solutions, to a company that now provides a wider (and growing) range of financial solutions to corporates and institutions. Whilst the company and its group has consistently communicated under the shorthand of 'Alpha' for a number of years, and will continue to do so, the change will ensure there is now consistency across all touchpoints,"the broker stated.

Last month, Alpha FX has launched a new website, offering more information around the services it provides and demonstrating what differentiates it within the markets. The company has created a new Investor Relations section, with a particular focus on providing shareholders with further detail and information around its investment case.