Alpha Group International plc (LON:ALPH) today issued an update regarding a possible offer by Corpay, Inc.

The Board of Alpha has held recent discussions with Corpay and believes that it is in the best interests of shareholders to continue engagement with Corpay.

In accordance with Rule 2.6(a) of the Code, Corpay was required, by no later than 5:00 p.m. on 30 May 2025 (the “PUSU Deadline”), to either announce a firm intention to make an offer for Alpha or announce that it does not intend to make an offer.

The Board has requested, and the Panel on Takeovers and Mergers has consented to, an extension to the PUSU Deadline by which Corpay is required either to announce a firm intention to make an offer for Alpha in accordance with Rule 2.7 of the Code or to announce that it does not intend to make an offer.

Such announcement must now be made by not later than 5.00 p.m. (London time) on 7 July 2025. The New PUSU Deadline can be extended by the Board of Alpha, with the consent of the Takeover Panel.