REG - Apax Global Alpha Ld - Director/PDMR Shareholding

Apax Global AlphaAnnouncement

04/04/2024 14:15

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RNS Number : 3737J  Apax Global Alpha Limited  04 April 2024

 

(LSE: APAX)

Apax Global Alpha Limited

 

PDMR Dealing

 

This notification is made in accordance with DTR 3.1 of the Disclosure
Guidance and Transparency Rules.

 

The Company was notified on 4 April 2024 that on 4 April 2024, Mr Karl
Sternberg who is a director of AGA had beneficially acquired 6,800 Ordinary
Shares of the Company at a price of £ 1.4574 which are held through a nominee
arrangement with Forest Nominees Limited. Following the purchase, Mr Sternberg
owns 25,800 Ordinary Shares, representing less than 1% of the Company's total
issued share capital.

 

 

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 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 investment Company listed on the
London Stock Exchange. 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 Company makes Private Equity investments in Apax Funds, and has a
portfolio of primarily Debt Investments, derived from the insights gained via
Apax's 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 over 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                                                         KARL STERNBERG

 2    Reason for the notification

 a)   Position/status                                              DIRECTOR

 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)

                                                                   £ 1.4574   6,800

 

 d)   Aggregated information                                       AS IN 4 C) ABOVE

      - Aggregated volume

      - Price

 e)   Date of the transaction                                      4 APRIL 2024

 f)   Place of the transaction                                     LONDON STOCK EXCHANGE

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

AS IN 4 C) ABOVE

 

 

 

 

 

 

e)

 

Date of the transaction

 

4 APRIL 2024

f)

 

Place of the transaction

 

 

LONDON STOCK EXCHANGE

 

 

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