Source - LSE Regulatory
RNS Number : 2795K
Apax Global Alpha Limited
31 August 2021
 

 

(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 31 August 2021 that, Mr Andrew Guille who is a director of Apax Guernsey Managers Limited, and his connected parties, have beneficially acquired 40,000 Ordinary Shares. The 40,000  shares were purchased on 31 August 2021 at a price of £2.1215 per share. These shares will be held through a nominee arrangement. Following this purchase, Mr Andrew Guille and his connected parties own 90,055 Ordinary Shares, representing less than 1% of the Company's total issued share capital.

 

 

Contact details

 

Investor relations

Katarina Sallerfors

IR Manager - AGA

Telephone: +44 207 872 6526

Email: Katarina.sallerfors@apax.com

Company secretary

Lewis Germain / Chris Copperwaite

Company Secretary

Telephone: +44 (0) 1481 749 700

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.

 

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 LLP ("Apax") is a leading global private equity advisory firm. For nearly 50 years, Apax has worked to inspire growth and ideas that transform businesses. The firm has raised and advised funds with aggregate commitments of more than $60 billion. The Apax Funds invest in companies across four global sectors of Tech, Services, Healthcare, and Internet/Consumer. These funds provide long-term equity financing to build and strengthen world-class companies. For further information about Apax, 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

 

 

ANDREW GUILLE        

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR - 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 instrument

 

Identification code

 

ORDINARY SHARES

 

 

APAX

b)

 

Nature of the transaction

 

 

PURCHASE

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

£2.1215

40,000

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

AS IN 4 C) ABOVE

 

 

 

 

 

 

e)

 

Date of the transaction

 

31 August 2021

f)

 

Place of the transaction

 

 

LONDON STOCK EXCHANGE

 

 

 

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END
 
 
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