Apax Global Alpha Limited 2022 Interim Dividend (5324W)

TIDMAPAX

RNS Number : 5324W

Apax Global Alpha Limited

19 August 2022

(LSE: APAX)

Apax Global Alpha Limited

2022 Interim Dividend

The Directors of the Company are pleased to declare that a dividend will be payable, for the financial period ended 30 June 2022, in accordance with the following timetable:

 
 Ex-Dividend Date:     1 September 2022 
 
 Record Date:          2 September 2022 
 
 Payment Date:         23 September 2022 
 
 Total Dividend        GBP 29,466,046 
  Payment: 
 
 Dividend Per Share:   GBP 6 pence 
 
 FX Rate:              EUR / GBP of 1.1819 as at 11 August 2022 
 

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],uk 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 https://www.signalshares.com/

Contact details

 
 Investor relations               Company secretary 
  Lorraine Rees                    Lewis Germain / Chris Copperwaite 
  Telephone: [phone]      Company Secretary 
  Email: [e-mail]    Telephone: [phone] 
                                   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" 
      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. 
 4   The information presented herein is not an offer for sale within the United States of any 
      equity shares or other securities of Apax Global Alpha Limited ("AGA"). AGA has not been and 
      will not be registered under the US Investment Company Act of 1940, as amended (the "Investment 
      Company Act"). In addition, AGA's shares (the "Shares") have not been and will not be registered 
      under the Securities Act or any other applicable law of the United States. Consequently, the 
      Shares may not be offered or sold or otherwise transferred within the United States, or to, 
      or for the account or benefit of, US Persons, except pursuant to an exemption from the registration 
      requirements of the Securities Act and under circumstances which will not require AGA to register 
      under the Investment Company Act. No public offering of the Shares is being made in the United 
      States 
 5   This announcement may include forward-looking statements. The words "expect", "anticipate", 
      "intends", "plan", "estimate", "aim", "forecast", "project" and similar expressions (or their 
      negative) identify certain of these forward-looking statements. These forward-looking statements 
      are statements regarding AGA's intentions, beliefs or current expectations concerning, among 
      other things, AGA's results of operations, financial condition, liquidity, prospects, growth 
      and strategies. The forward-looking statements in this presentation are based on numerous 
      assumptions regarding AGA's present and future business strategies and the environment in 
      which AGA will operate in the future. Forward-looking statements involve inherent known and 
      unknown risks, uncertainties and contingencies because they relate to events and depend on 
      circumstances that may or may not occur in the future and may cause the actual results, performance 
      or achievements of AGA to be materially different from those expressed or implied by such 
      forward looking statements. Many of these risks and uncertainties relate to factors that are 
      beyond AGA's ability to control or estimate precisely, such as future market conditions, currency 
      fluctuations, the behaviour of other market participants, the actions of regulators and other 
      factors such as AGA's ability to continue to obtain financing to meet its liquidity needs, 
      changes in the political, social and regulatory framework in which AGA operates or in economic 
      or technological trends or conditions. Past performance should not be taken as an indication 
      or guarantee of future results, and no representation or warranty, express or implied, is 
      made regarding future performance. AGA expressly disclaims any obligation or undertaking to 
      release any updates or revisions to these forward-looking statements to reflect any change 
      in AGA's expectations with regard thereto or any change in events, conditions or circumstances 
      on which any statement is based after the date of this announcement, or to update or to keep 
      current any other information contained in this announcement. Accordingly, undue reliance 
      should not be placed on the forward-looking statements, which speak only as of the date of 
      this announcement 
 

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 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.

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August 19, 2022 02:00 ET (06:00 GMT)