REG - Apax Global Alpha Ld - Director/PDMR Shareholding

Apax Global AlphaAnnouncement

17/11/2023 13:00

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RNS Number : 8708T  Apax Global Alpha Limited  17 November 2023

 

(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
(596/2014).

 

The Company was notified on 16 November 2023 that, on 16 November 2023, Ralf
Gruss, a PDMR of the Company, as detailed in the form at the end of this
announcement, agreed to transfer an amount of 1,674,186 Ordinary Shares in the
Company to a related entity.

 

The Company is not a party to these arrangements, other than where required in
respect of maintaining the lock-up arrangements, as appropriate.

 

There has been no change to the total number of shares in lock-up for a 10
year period following the date of Admission as a result of this transaction.

 

 

Contact details

 

 Investor relations                       Company secretary

 Katarina Sallerfors                      Magdala Mullegadoo / Chris Copperwaite

 Investor Relations - AGA                 Company Secretary

 T: +44 207 666 6526                      Telephone: +44 (0) 1481 749 700

 E: Katarina.Sallerfors@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" or "the Investment Adviser".

 2.  Please be advised that this announcement may contain inside information as
     stipulated under the Market Abuse Regulations (which has been "onshored" into
     UK law through the European Union (Withdrawal) Act 2018 (as amended), as
     supplemented by the Market Abuse (Amendment) (EU Exit) Regulations (SI
     2019/310).

 

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 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 $65 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 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                                                         Ralf Gruss

 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                                    TRANSFER

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   Nil       1,674,186

 

 d)   Aggregated information                                       AS IN 4 C) ABOVE

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      16 NOVEMBER 2023

 f)   Place of the transaction                                     LONDON STOCK EXCHANGE

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

AS IN 4 C) ABOVE

 

 

 

 

 

 

e)

 

Date of the transaction

 

16 NOVEMBER 2023

f)

 

Place of the transaction

 

 

LONDON STOCK EXCHANGE

 

 

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