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Holding(s) in Company

  Download PDF - Wednesday 4th April 2012 at 14:55

ALPHA PROSPECTS PLC
("Alpha" or the "Company")

HOLDING(S) IN COMPANY

Alpha Prospects Plc announces that on 29 March 2012, Hill Street Investments plc ("Hill Street"), a company which a Director of Alpha, Tim Baldwin, is Executive Chairman of, signed an agreement with Webb Capital Plc ("Webb Capital"), to swap 3,750,000 ordinary shares of Alpha, valued at 4 pence each, for new ordinary shares in Webb Capital issued at a price of 15 pence per share.

Following this transaction, Hill Street holds 30,205,972 ordinary shares in Alpha representing 16.89% of the Company. Tim Baldwin is now directly and indirectly interested in 20.4% of the Company.

The Directors of the issuer accept responsibility for this announcement.

Enquiries:

ALPHA PROSPECTS PLC Christopher Foster +44 207 518 4300
RIVINGTON STREET CORPORATE FINANCE Fungai Ndoro +44 207 562 3373