TIDMAPAX

RNS Number : 4726L

Apax Global Alpha Limited

13 May 2022

(LSE: APAX)

Apax Global Alpha Limited

PDMR Dealing

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

The Company was notified on 13 May 2022 that , Mr Jeremy Latham who is a director of Apax Guernsey Managers Limited, has beneficially acquired 5,469 Ordinary Shares. The shares were purchased on 12 May 2022 at a price of GBP1.8285 per share. Following this purchase, Mr Jeremy Latham owns 5,469 Ordinary Shares, representing less than 1% of the Company's total issued share capital.

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                                                               Jeremy Latham 
     -----------------------------------------------------------------  ---------------------------- 
 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) 
                                                                            GBP1.8285    5,469 
                                                                                        ---------- 
     -----------------------------------------------------------------  ---------------------------- 
 d)   Aggregated information                                             AS IN 4 C) ABOVE 
 
 
       - Aggregated volume 
 
 
       - Price 
     -----------------------------------------------------------------  ---------------------------- 
 e)   Date of the transaction                                            12 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 or visit 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.

END

DSHBSGDUIUBDGDX

(END) Dow Jones Newswires

May 13, 2022 11:02 ET (15:02 GMT)

Apax Global Alpha (LSE:APAX)
Historical Stock Chart
From May 2022 to Jun 2022 Click Here for more Apax Global Alpha Charts.
Apax Global Alpha (LSE:APAX)
Historical Stock Chart
From Jun 2021 to Jun 2022 Click Here for more Apax Global Alpha Charts.