Apax Global Alpha Limited Director/PDMR Shareholding (7822G)
November 27 2020 - 8:43AM
UK Regulatory
TIDMAPAX
RNS Number : 7822G
Apax Global Alpha Limited
27 November 2020
(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 (EU) no. 596/2014 ("MAR").
The Company was notified on 25 November 2020 that, Mr Mitch
Truwit a PDMR of the Company, as detailed in the form at the end of
this announcement, transferred 4,627,098 of Ordinary Shares in the
Company to a person closely associated, Mrs Jody Truwit.
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.
The Company is not party to this transaction.
Contact details
Investor relations Company secretary
Lorraine Rees / Katarina Sallefors Lewis Germain/ Christopher Copperwaite
IR Manager - AGA Company Secretary
Telephone: +44 (0)207 872 6381 Telephone: +44 (0) 1481 749 700
Email: Lorraine.Rees@apax.com / 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 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. 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 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
over 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 MITCH TRUWIT
----------------------------------------------------------------- ----------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------
a) Position/status PDMR - INVESTMENT ADVISER
----------------------------------------------------------------- ----------------------------
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 SALE
----------------------------------------------------------------- ----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 4,627,098
----------
----------------------------------------------------------------- ----------------------------
d) Aggregated information AS IN 4 C) ABOVE
- Aggregated volume
- Price
----------------------------------------------------------------- ----------------------------
e) Date of the transaction 25 NOVEMBER 2020
----------------------------------------------------------------- ----------------------------
f) Place of the transaction LONDON STOCK EXCHANGE
----------------------------------------------------------------- ----------------------------
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name JODY TRUWIT
------------------------------------------------------------ ---------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------
a) Position/status PCA OF PDMR - INVESTMENT ADVISER
------------------------------------------------------------ ---------------------------------
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 4,627,098
----------
------------------------------------------------------------ ---------------------------------
d) Aggregated information AS IN 4 C) ABOVE
- Aggregated volume
- Price
------------------------------------------------------------ ---------------------------------
e) Date of the transaction 25 NOVEMBER 2020
------------------------------------------------------------ ---------------------------------
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHBXBDBCXDDGGR
(END) Dow Jones Newswires
November 27, 2020 08:43 ET (13:43 GMT)
Apax Global Alpha (LSE:APAX)
Historical Stock Chart
From Apr 2024 to May 2024
Apax Global Alpha (LSE:APAX)
Historical Stock Chart
From May 2023 to May 2024