TIDMAPAX

RNS Number : 9250Z

Apax Global Alpha Limited

15 January 2020

(LSE: APAX)

Apax Global Alpha Limited

PDMR Dealing

This notification is made in accordance with DTR 3.1 of the Disclosure and Transparency Rules and article 19(1) of the Market Abuse Regulations (EU) no. 596/2014 ("MAR").

The Company was notified on 13 January 2020 that on 16 September 2019, Mr Jonathan Guille (a person closely associated with Mr Andrew Guille) had beneficially acquired 31 Ordinary Shares at a price of GBP1.5839 as a result of a dividend re-investment plan, which are held through a nominee arrangement with Wealth Nominees Limited. Following the purchase, Mr Jonathan Guille owns 1,085 Ordinary Shares, representing less than 1% of the Company's total issued share capital.

Contact details

 
 Investor relations                Media enquiries                   Company secretary 
  Sarah Page                        Andrew Kenny                      Lewis Germain/ Sarah Felmingham 
  IR Manager - AGA                  Head of Communications            Company Secretary 
  Telephone: +44 (0)20 7666 6573    Telephone: +44 (0)20 7872 6371    Telephone: +44 (0) 1481 749 700 
  Email: sarah.page@apax.com        Email: andrew.kenny@apax.com      Email: AGA-admin@aztecgroup.co.uk 
 

Notes

1. Note that references in this announcement to Apax Global Alpha Limited have been abbreviated to "AGA" or "the Company". References to Apax Partners LLP have been abbreviated to "Apax Partners" or "the Investment Adviser"

2. This announcement is not for release, publication or distribution, directly or indirectly, in whole or in part, into or within the United States or to "US persons" (as defined in Regulation S under the United States Securities Act of 1933, as amended (the "Securities Act")) or into or within Australia, Canada, South Africa or Japan. Recipients of this announcement in jurisdictions outside the UK should inform themselves about and observe any applicable legal requirements in their jurisdictions. In particular, the distribution of the announcement may be restricted by law in certain jurisdictions.

About Apax Global Alpha Limited

AGA is a Guernsey registered closed-ended collective investment scheme incorporated as a non-cellular company that listed on the London Stock Exchange on 15 June 2015. It is regulated by the Guernsey Financial Services Commission.

AGA's objective is to provide shareholders with capital appreciation from its investment portfolio and regular dividends. The Company is targeting an annualised Total Return, across economic cycles, of 12-15% (net of fees and expenses) including a dividend yield of 5% of Net Asset Value.

The investment policy of the Company is to make Private Equity investments in Apax Funds, and Derived Investments which are investments in equities and debt derived from the insights gained via Apax Partners' Private Equity activities. The Company's portfolio is expected to be allocated in approximately equal proportions between Private Equity and Derived Investments, although the investment mix will fluctuate over time due to market conditions, investment opportunities, cash flow requirements, the dividend policy and other factors. Further information regarding the Company and its publications are available on the Company's website at www.apaxglobalalpha.com.

About Apax Partners LLP

Apax Partners is a leading global private equity advisory firm and over its more than 40-year history, Apax Partners has raised and advised funds with aggregate commitments of c.EUR40 billion. Funds advised by Apax Partners invest in companies across four global sectors of Tech & Telco, Services, Healthcare and Consumer. These funds provide long--term equity financing to build and strengthen world--class companies. For further information about Apax Partners, please visit www.apax.com.

Apax Partners is authorised and regulated by the Financial Conduct Authority in the UK.

 
 1    Details of the person discharging managerial responsibilities / person closely associated 
 a)   Name                                                      JONATHAN GUILLE 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           CONNECTED PERSON OF PDMR ANDREW GUILLE (EMPLOYEE OF 
                                                                INVESTMENT MANAGER) 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification /Amendment                           INITIAL 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      APAX GLOBAL ALPHA LIMITED 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       21380031LQE8CU8NU843 
     --------------------------------------------------------  ------------------------------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; and (iv) each place where transactions have been 
       conducted 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Description of the financial instrument, type of          ORDINARY SHARES 
      instrument                                                 APAX 
      Identification code 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 PURCHASE OF SHARE PURSUANT TO DIVIDEND RE-INVESTMENT 
                                                                PLAN 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                      Price(s)     Volume(s) 
                                                                   GBP1.5839    31 
                                                                               ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information                                    AS IN 4 C) ABOVE 
       - Aggregated volume 
       - Price 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   16 September 2019 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  LONDON STOCK EXCHANGE 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 

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END

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January 15, 2020 10:31 ET (15:31 GMT)

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