ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

APAX Apax Global Alpha Limited

142.00
1.00 (0.71%)
Last Updated: 11:00:08
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Apax Global Alpha Limited LSE:APAX London Ordinary Share GG00BWWYMV85 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 0.71% 142.00 141.00 142.00 142.00 141.00 141.40 308,980 11:00:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 70.18M 53.48M 0.1089 13.04 697.36M

Apax Global Alpha Limited PDMR Dealing - Share Transfers (5470J)

20/08/2019 9:17am

UK Regulatory


Apax Global Alpha (LSE:APAX)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Apax Global Alpha Charts.

TIDMAPAX

RNS Number : 5470J

Apax Global Alpha Limited

20 August 2019

(LSE: APAX)

Apax Global Alpha Limited

PDMR Dealing - Apax Holdco Transfers

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 (EU) no. 596/2014 ("MAR").

The Company was notified on 19 August 2019 that, on that date, the below noted individuals, each a PDMR of the Company, as detailed in the forms at the end of this announcement, purchased an amount of Ordinary Shares in the Company from Apax Guernsey (Holdco) PCC Limited (on behalf of its PCV Cell), free of consideration, as follows:

 
 PDMR               Shares 
 Andrew Sillitoe    21,421 
                   ------- 
 Mitch Truwit       21,421 
                   ------- 
 Nico Hansen        17,255 
                   ------- 
 Roy Mackenzie      10,048 
                   ------- 
 Salim Nathoo       17,255 
                   ------- 
 

The nature of this transaction is as described on page 17 of the prospectus of the Company dated 22 May 2015, a copy of which is available on the Company's website.

The Company is not a party to these arrangements, other than where required in respect of maintaining the lock-up arrangements, as appropriate.

Contact details

 
 Investor relations                Media enquiries                   Company secretary 
  Sarah Page                        Andrew Kenny                      Lewis Germain/ Chris Copperwaite 
  IR Manager - AGA                  Head of Communications            Company Secretary 
  Telephone: +44 (0)20 7666 6573    Telephone: +44 (0)20 7872 6371    Telephone: +44 (0) 1481 749 700 
  Email: sarah.page@apax.com        Email: andrew.kenny@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.   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 40-year history, Apax Partners has raised and advised funds with aggregate commitments of c.EUR40 billion. 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.

 
 1    Details of the person discharging managerial responsibilities / person closely associated 
 a)   Name                                                               ANDREW SILLITOE 
     -----------------------------------------------------------------  ---------------------------- 
 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) 
                                                                            Nil         21,421 
                                                                                       ---------- 
     -----------------------------------------------------------------  ---------------------------- 
 d)   Aggregated information                                             AS IN 4 C) ABOVE 
       - Aggregated volume 
       - Price 
     -----------------------------------------------------------------  ---------------------------- 
 e)   Date of the transaction                                            19 August 2019 
     -----------------------------------------------------------------  ---------------------------- 
 f)   Place of the transaction                                           LONDON STOCK EXCHANGE 
     -----------------------------------------------------------------  ---------------------------- 
 
 1    Details of the person discharging managerial responsibilities / person closely associated 
     ----------------------------------------------------------------------------------------------- 
 a)   Name                                                               MITCH TRUWIT 
     -----------------------------------------------------------------  ---------------------------- 
 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) 
                                                                            Nil         21,421 
                                                                                       ---------- 
     -----------------------------------------------------------------  ---------------------------- 
 d)   Aggregated information                                             AS IN 4 C) ABOVE 
       - Aggregated volume 
       - Price 
     -----------------------------------------------------------------  ---------------------------- 
 e)   Date of the transaction                                            19 August 2019 
     -----------------------------------------------------------------  ---------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities / person closely associated 
     ----------------------------------------------------------------------------------------------- 
 a)   Name                                                               NICO HANSEN 
     -----------------------------------------------------------------  ---------------------------- 
 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) 
                                                                            Nil         17,255 
                                                                                       ---------- 
     -----------------------------------------------------------------  ---------------------------- 
 d)   Aggregated information                                             AS IN 4 C) ABOVE 
       - Aggregated volume 
       - Price 
     -----------------------------------------------------------------  ---------------------------- 
 e)   Date of the transaction                                            19 August 2019 
     -----------------------------------------------------------------  ---------------------------- 
 f)   Place of the transaction                                           LONDON STOCK EXCHANGE 
     -----------------------------------------------------------------  ---------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities / person closely associated 
 a)   Name                                                               ROY MACKENZIE 
     -----------------------------------------------------------------  ---------------------------- 
 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) 
                                                                            Nil         10,048 
                                                                                       ---------- 
     -----------------------------------------------------------------  ---------------------------- 
 d)   Aggregated information                                             AS IN 4 C) ABOVE 
       - Aggregated volume 
       - Price 
     -----------------------------------------------------------------  ---------------------------- 
 e)   Date of the transaction                                            19 August 2019 
     -----------------------------------------------------------------  ---------------------------- 
 f)   Place of the transaction                                           LONDON STOCK EXCHANGE 
     -----------------------------------------------------------------  ---------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities / person closely associated 
 a)   Name                                                               SALIM NATHOO 
     -----------------------------------------------------------------  ---------------------------- 
 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) 
                                                                            Nil         17,255 
                                                                                       ---------- 
     -----------------------------------------------------------------  ---------------------------- 
 d)   Aggregated information                                             AS IN 4 C) ABOVE 
       - Aggregated volume 
       - Price 
     -----------------------------------------------------------------  ---------------------------- 
 e)   Date of the transaction                                            19 August 2019 
     -----------------------------------------------------------------  ---------------------------- 
 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.

END

DSHPMMPTMBBTMIL

(END) Dow Jones Newswires

August 20, 2019 04:17 ET (08:17 GMT)

1 Year Apax Global Alpha Chart

1 Year Apax Global Alpha Chart

1 Month Apax Global Alpha Chart

1 Month Apax Global Alpha Chart

Your Recent History

Delayed Upgrade Clock