TIDMAPAX
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
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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 .
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 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. 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)
GBP0 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
----------------------------------------------------------------- ----------------------------
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)
GBP0 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
----------------------------------------------------------------- ----------------------------
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)
GBP0 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
----------------------------------------------------------------- ----------------------------
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)
GBP0 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
----------------------------------------------------------------- ----------------------------
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)
GBP0 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
----------------------------------------------------------------- ----------------------------
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)
GBP0 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
----------------------------------------------------------------- ----------------------------
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END
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