TIDMAPAX

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

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 
     -----------------------------------------------------------------  ----------------------------

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November 17, 2023 07:58 ET (12:58 GMT)

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