Apax Global Alpha Dividends - APAX

Apax Global Alpha Dividends - APAX

Best deals to access real time data!
Level 2 Basic
Monthly Subscription
for only
Monthly Subscription
for only
UK/US Silver
Monthly Subscription
for only
VAT not included
Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Apax Global Alpha Limited APAX London Ordinary Share GG00BWWYMV85 ORD NPV
  Price Change Price Change % Stock Price Last Trade
0.80 0.43% 185.80 16:35:26
Open Price Low Price High Price Close Price Previous Close
187.00 185.20 188.80 185.80 185.00
more quote information »
Industry Sector

Apax Global Alpha APAX Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

speedsgh: Funds Advised by Apax Partners sell Boats Group - HTTPS://www.londonstockexchange.com/news-article/APAX/funds-advised-by-apax-partners-sell-boats-group/14806747 The Apax IX Fund ("Apax IX"), in which AGA is a limited partner, has announced that it has agreed to sell its stake in Boats Group, a leading online marketplace and provider of software solutions for the recreational marine industry, to Funds advised by Permira. Apax IX has also agreed to sell a minority stake in ThoughtWorks, a global software consultancy, to a group of investors. Both transactions are expected to close by the end of Q1 2021, subject to customary closing conditions. The full exit from Apax IX's investment in Boats Group is expected to deliver a total Gross MOIC of approximately 4.2x and a Gross IRR of approximately 41%. Both the Boats Group and ThoughtWorks transactions were agreed at uplifts to their last Unaffected Valuations1, and together they represent an average uplift of c.30% to last Unaffected Valuations and an uplift of c.€29m (c.€0.06 per share) in the Adjusted Net Asset Value ("Adjusted NAV") of AGA at 30 September 20202. Note that these figures relate to AGA's look through position of Apax IX's overall investments in Boats Group and ThoughtWorks and are stated before taking into account any closing adjustments, fees, costs, and carried interest, and are translated based on today's exchange rates where applicable3. Funds Advised by Apax invest in Azentio Software - HTTPS://www.londonstockexchange.com/news-article/APAX/funds-advised-by-apax-invest-in-azentio-software/14806745 On 28th December 2020, the Apax X Fund ("Apax X"), in which AGA is a limited partner, announced that it had entered into a definitive agreement to acquire the Software Products business from 3i Infotech, a global information technology company. The transaction is expected to close in early 2021, subject to shareholder and regulatory approvals. On a look through basis, AGA is expected to invest approximately €5.4m in the newly formed company, which will be named Azentio Software. Note that these figures relate to AGA's look through position of Apax X's overall investment in Azentio Software and are stated before taking into account any closing adjustments and are translated into Euro based on today's exchange rates where applicable.1 Since its incorporation in 1993, 3i Infotech has been providing a range of IT services and software products to 1,200+ customers across multiple industry verticals in over 50 countries. The company operates through two business segments: Services and Software Products. The Software Products business comprises a comprehensive set of core software products for customers in banking, financial services and insurance verticals ("BFSI") and includes key products such as Kastle™ (universal banking platform), AMLOCK™ (compliance software suite), Premia™ Astra (core insurance software), Orion™ (enterprise resource planning software) and MFund™ Plus (asset management platform). Having closely followed the company's progress, Apax X identified an opportunity to carve out the software business from 3i Infotech to create a leading BFSI software provider in the region. Following the transaction, Apax X will support the newly formed Azentio Software with increased investments in R&D and sales and marketing. Azentio Software will focus on modernising its current product portfolio, launching new products and providing best in class service levels to all customers. The Apax Funds will also use Azentio as a platform to do M&A across the BFSI software space in the region.
jonwig: Strong quarterly results again, NAV 208p. https://www.investegate.co.uk/apax-global-alpha-ld--apax-/rns/quarterly-results-for-30-september-2020/202011040700041582E/ Standout: Two Private Equity exits signed (idealista, Neuraxpharm) and two IPO's (Duck Creek, Max Stock) at an average uplift of 63% to June 2020 valuations.
jonwig: Investee company goes public, 100% uplift on book: https://www.investegate.co.uk/apax-global-alpha-ld--apax-/rns/genius-sports-group-spac/202010280700034002D/
jonwig: Another disposal at a big premium: https://www.investegate.co.uk/apax-global-alpha-ld--apax-/rns/funds-advised-by-apax-partners-sell-neuraxpharm/202009220700096480Z/
jonwig: These H1 results look pretty sound given the events during the period: https://www.investegate.co.uk/apax-global-alpha-ld--apax-/rns/2020-interim-results-highlights/202008250700050183X/ 20% discount to NAV of 196p looks excessive. (And Duck uplift not included. They're also expecting more exits in H2.) (IC had an article last week about PE companies. There's no consistency in the distribution of premiums/discounts.)
philba: Indeed Jonwig, a great day to be a duck!! hxxps://www.barrons.com/articles/duck-creek-just-priced-its-ipo-above-its-range-what-we-know-51597419690 Note, the APAX 30th June NAV to be announced on 25th August won't have this gain included.
jonwig: A nice little earner here: https://www.investegate.co.uk/apax-global-alpha-ld--apax-/rns/initial-public-offering-of-duck-creek/202008170700072530W/
jonwig: Virus impact, realistic, could be worse: https://www.investegate.co.uk/apax-global-alpha-ld/apax/statement-regarding-covid-19/202003261312177417H/
jonwig: Annual results; https://www.investegate.co.uk/apax-global-alpha-ld--apax-/rns/2019-annual-report-and-accounts/202003030700067690E/ NAV of 188p after a good year. Price has over-corrected.
ec2: These have been well bid for following the recent Q3 results but there could still be more to come when compared to the other equally decent private equity trust, BMO (ticker BPET). APAX disc. 8%, BMO disc. 4%. APAX div 5.4%, BMO div 4%.
ADVFN Advertorial
Your Recent History
Apax Globa..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210117 07:48:08