Press Release: Update in relation to Consolidated Annual Report and Accounts

12 Old Bond Street, W1S 4PW London United Kingdom

Company nr. 06469680

London, [18 June] 2021 - Aleph Finance Group PLC (MLALE FP), an holding company based in London gathering investment and advisory services of high net worth individuals, families and companies, listed on the Euronext Access+ market ("Aleph" or the "Company"), provides the following update in relation to its Consolidated Annual Report and Accounts for the financial year ended on 31 December 2020 (the "Accounts").

The Accounts

Due to the current COVID-19 situation, the Company has been unable to approve, publish and post its Accounts by the 30 April 2021 deadline, pursuant to Euronext Access Rule Book - Chapter 3.

Indeed, the COVID-19 situation has impacted on the possibility of the Company to respect the deadline, considering that its subsidiaries based in Switzerland and Italy have extended their reporting deadline pursuant to, and in compliance with, the possibility offered by the applicable legal and regulatory provisions.

The Company will therefore be able to approve, publish and post its Accounts within 30 June 2021, which is also the deadline for the filing of its Accounts to the Companies House.

Trading update

The unaudited individual accounting and financial statement for the 12-month period ending on 31 December 2020 shows a loss of £ 607,664 compared to a loss of £797,272 in 2019. These figures are in line with the business plan and show that group revenues have not been impacted by the COVID-19 situation.

The unaudited individual accounting and financial statement for the 12-month period ending on 31 December 2020 shows current assets equal to £2,157,583 compared to £1,957,639 in 2019 and an amount of available cash of £690,062 compared to £821,426 in 2019.

12 Old Bond Street, W1S 4PW London - United Kingdom

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Company nr. 06469680