On 1 May 2024, Alpha Financial Markets Consulting plc (AIM:AFM) announced that it received a non-binding indicative proposal from Bridgepoint Advisers Limited ("Bridgepoint") regarding a possible cash offer for the entire issued and to be issued ordinary share capital of Alpha FMC. In accordance with the Code, on 29 May 2024 the deadline by which Bridgepoint was required either to announce a firm intention to make an offer for Alpha FMC in accordance with Rule 2.7 of the Code or to announce that it does not intend to make an offer was extended to 5.00 p.m. on 12 June 2024. Discussions between Alpha FMC and Bridgepoint remain ongoing.

Therefore, in accordance with Rule 2.6(c) of the Code, the Board of Alpha FMC has requested, and the Panel on Takeovers and Mergers (the "Panel") has consented to, an extension to the deadline referred to above. Accordingly, Bridgepoint must now, by no later than 5.00 p.m. on 20 June 2024, either announce a firm intention to make an offer for Alpha FMC in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be further extended by the Board of Alpha FMC, with the consent of the Panel in accordance with Rule 2.6(c) of the Code.

A further announcement will be made when appropriate. There can be no certainty that any firm offer will be made for Alpha FMC, nor as to the terms on which any firm offer might be made.