REG - Apax Global Alpha Ld - Director/PDMR Shareholding
12/05/2022 07:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220512:nRSL1684La&default-theme=true
RNS Number : 1684L Apax Global Alpha Limited 11 May 2022
(LSE: APAX)
Apax Global Alpha Limited
PDMR Dealing - Apax Guernsey Managers Transfers
This notification is made in accordance with DTR 3.1 of the Disclosure and
Transparency Rules.
The Company was notified on 11 May 2022 that, the below noted individuals,
each a PDMR of the Company, as detailed in the forms at the end of this
announcement, received an amount of Ordinary Shares in the Company from Apax
Guernsey Managers Limited, free of consideration, as follows:
PDMR Shares Date of Transfer
Andrew Sillitoe 245,824 11 May 2022
Mitch Truwit 235,285 11 May 2022
Roy Mackenzie 158,821 11 May 2022
Salim Nathoo 196,669 11 May 2022
Ralf Gruss 137,653 11 May 2022
Mark Despres 4,698 11 May 2022
The nature of this transaction is a transfer of Performance Shares from the
Investment Manager as further described on page 98 of the prospectus of the
Company dated 22 May 2015, a copy of which is available on the Company's
website (https://www.apaxglobalalpha.com/) .
The Performance Shares transferred shall, save in the event of certain limited
circumstances such as to fund the payment or discharge of any liability to tax
or social security payments arising, not be sold or otherwise transferred or
disposed of on or before 2(nd) March 2023.
The Company is not a party to these arrangements, other than where required in
respect of maintaining the lock-up arrangements, as appropriate.
Contact details
Investor relations Company secretary
Lorraine Rees Lewis Germain
Investor Relations - AGA Company Secretary
Telephone: +44 (0)7889 089 220 Telephone: +44 (0) 1481 749 700
Email: lorraine.rees@apax.com (mailto:lorraine.rees@apax.com) Email: AGA-admin@aztecgroup.co.uk (mailto: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. Please be advised that this announcement may contain inside information as
stipulated under the Market Abuse Regulations (EU) NO. 596/2014 ("MAR")
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 SILLITOE
2 Reason for the notification
a) Position/status PDMR INVESTMENT ADVISOR
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 ORDINARY SHARES
Identification code
APAX
b) Nature of the transaction PURCHASE
c) Price(s) and volume(s)
Price(s) Volume(s)
£0 245,824
d) Aggregated information AS IN 4 C) ABOVE
- Aggregated volume
- Price 0
e) Date of the transaction 11 May 2022
f) Place of the transaction LONDON STOCK EXCHANGE
d)
Aggregated information
- Aggregated volume
- Price
AS IN 4 C) ABOVE
0
e)
Date of the transaction
11 May 2022
f)
Place of the transaction
LONDON STOCK EXCHANGE
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name MITCH TRUWIT
2 Reason for the notification
a) Position/status PDMR INVESTMENT ADVISOR
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 ORDINARY SHARES
Identification code
APAX
b) Nature of the transaction PURCHASE
c) Price(s) and volume(s)
Price(s) Volume(s)
£0 235,285
d) Aggregated information AS IN 4 C) ABOVE
- Aggregated volume
- Price 0
e) Date of the transaction 11 May 2022
f) Place of the transaction LONDON STOCK EXCHANGE
d)
Aggregated information
- Aggregated volume
- Price
AS IN 4 C) ABOVE
0
e)
Date of the transaction
11 May 2022
f)
Place of the transaction
LONDON STOCK EXCHANGE
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name ROY MACKENZIE
2 Reason for the notification
a) Position/status PDMR INVESTMENT ADVISOR
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 ORDINARY SHARES
Identification code
APAX
b) Nature of the transaction PURCHASE
c) Price(s) and volume(s)
Price(s) Volume(s)
£0 158,821
d) Aggregated information AS IN 4 C) ABOVE
- Aggregated volume
- Price 0
e) Date of the transaction 11 May 2022
f) Place of the transaction LONDON STOCK EXCHANGE
d)
Aggregated information
- Aggregated volume
- Price
AS IN 4 C) ABOVE
0
e)
Date of the transaction
11 May 2022
f)
Place of the transaction
LONDON STOCK EXCHANGE
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name SALIM NATHOO
2 Reason for the notification
a) Position/status PDMR INVESTMENT ADVISOR
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 ORDINARY SHARES
Identification code
APAX
b) Nature of the transaction PURCHASE
c) Price(s) and volume(s)
Price(s) Volume(s)
£0 196,669
d) Aggregated information AS IN 4 C) ABOVE
- Aggregated volume
- Price 0
e) Date of the transaction 11 May 2022
f) Place of the transaction LONDON STOCK EXCHANGE
d)
Aggregated information
- Aggregated volume
- Price
AS IN 4 C) ABOVE
0
e)
Date of the transaction
11 May 2022
f)
Place of the transaction
LONDON STOCK EXCHANGE
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name RALF GRUSS
2 Reason for the notification
a) Position/status PDMR INVESTMENT ADVISOR
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 ORDINARY SHARES
Identification code
APAX
b) Nature of the transaction PURCHASE
c) Price(s) and volume(s)
Price(s) Volume(s)
£0 137,653
d) Aggregated information AS IN 4 C) ABOVE
- Aggregated volume
- Price 0
e) Date of the transaction 11 May 2022
f) Place of the transaction LONDON STOCK EXCHANGE
d)
Aggregated information
- Aggregated volume
- Price
AS IN 4 C) ABOVE
0
e)
Date of the transaction
11 May 2022
f)
Place of the transaction
LONDON STOCK EXCHANGE
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name MARK DESPRES
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 ORDINARY SHARES
Identification code
APAX
b) Nature of the transaction PURCHASE
c) Price(s) and volume(s)
Price(s) Volume(s)
£0 4,698
d) Aggregated information AS IN 4 C) ABOVE
- Aggregated volume
- Price 0
e) Date of the transaction 11 May 2022
f) Place of the transaction LONDON STOCK EXCHANGE
d)
Aggregated information
- Aggregated volume
- Price
AS IN 4 C) ABOVE
0
e)
Date of the transaction
11 May 2022
f)
Place of the transaction
LONDON STOCK EXCHANGE
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHBCGDUUDBDGDBRecent news on Apax Global Alpha
See all newsREG - Apax Global Alpha Ld - Transaction in Own Shares
AnnouncementREG - Apax Global Alpha Ld - Transaction in Own Shares
AnnouncementREG - Apax Global Alpha Ld - Transaction in Own Shares
AnnouncementREG - Apax Global Alpha Ld - Transaction in Own Shares
AnnouncementREG - Apax Global Alpha Ld - Transaction in Own Shares
Announcement