Apax Global Alpha Limited 2018 Annual Dividend (8104R)

TIDMAPAX

RNS Number : 8104R

Apax Global Alpha Limited

05 March 2019

(LSE: APAX)

Apax Global Alpha Limited

2018 Annual Dividend Announcement

This notification is made in accordance with DTR 6.1.13 of the Disclosure and Transparency Rules.

The Directors of the Company are pleased to declare that a dividend will be payable, for the financial period ending 31 December 2018 in accordance with the following timetable:

 
 Ex-Dividend Date:          14 March 2019 
 
 Record Date:               15 March 2019 
 
 Payment Date:              5 April 2019 
 
 Total Dividend Payment:    GBP 20,233,352 
 
 Dividend Per Share:        4.12p 
 
 FX Rate:                   EUR / GBP of 0.86919 as at 25 February 2019 
 

Shareholders should contact the Registrar (Link Asset Services) with regard to any queries or information in relation to the payment of their dividend, by email to [e-mail] or by telephone on 0871 664 0300 (Calls cost 12p per minute plus network extras) or from outside the UK on [phone]. Lines are open Monday - Friday, 9:00am - 5:30pm GMT, excluding public holidays in England and Wales.

Additional information for shareholders is available via the Registrar's online share portal at www.signalshares.com.

Contact details

 
 Investor enquiries               Media enquiries                   Company Secretary 
 Sarah Wojcik                     Andrew Kenny                      Chris Copperwaite 
  IR Manager - AGA                 Head of Communications            Company Secretary 
 Telephone: [phone]   Telephone: [phone]   Telephone: [phone] 
 Email: [e-mail]     Email: [e-mail]      Email: [e-mail] 
 

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")

3. This announcement is not for release, publication or distribution, directly or indirectly, in whole or in part, into or within the United States or to "US persons" (as defined in Regulation S under the United States Securities Act of 1933, as amended (the "Securities Act")) or into or within Australia, Canada, South Africa or Japan. Recipients of this announcement in jurisdictions outside the UK should inform themselves about and observe any applicable legal requirements in their jurisdictions. In particular, the distribution of the announcement may be restricted by law in certain jurisdictions.

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. The Company's portfolio is expected to be allocated in approximately equal proportions between Private Equity and Derived Investments, although the investment mix will fluctuate over time due to market conditions, investment opportunities, cash flow requirements, the dividend policy and other factors. 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 is a leading global private equity advisory firm and over its more than 35-year history, Apax Partners has raised and advised funds with aggregate commitments of over EUR43 billion as at 31 December 2018. Funds advised by Apax Partners invest in companies across four global sectors of Tech & Telco, Services, Healthcare and Consumer. These funds provide long--term equity financing to build and strengthen world--class companies. For further information about Apax Partners, please visit www.apax.com.

Apax Partners is authorised and regulated by the Financial Conduct Authority in the UK.

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 [e-mail] or visit www.rns.com.

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March 05, 2019 02:02 ET (07:02 GMT)