(LSE: APAX)
Apax Global Alpha
Limited
PDMR Dealing - Apax
Guernsey Managers Limited Transfers
This notification is made in accordance with DTR
3.1 of the Disclosure Guidance and Transparency Rules.
The Company was notified on 16 May 2024 that,
the below noted individuals, each a PDMR of the Company, as
detailed in the forms at the end of this announcement, received an
amount of Ordinary Shares in the Company from Apax Guernsey
Managers Limited, free of consideration, as follows:
PDMR
|
Number of
Shares
|
Date of
Transfer
|
Mark
Despres
|
8,736
|
15 May 2024
|
Simon
Cresswell
|
12,000
|
15 May 2024
|
Andrew
Sillitoe
|
304,827
|
15 May 2024
|
Mitch
Truwit
|
304,827
|
15 May 2024
|
Ralf Gruss
|
144,956
|
15 May 2024
|
Roy Mackenzie
|
216,423
|
15 May 2024
|
Salim Nathoo
|
240,755
|
15 May 2024
|
The nature of this transaction is a transfer of
Performance Shares from the Investment Manager as further described
on page 98 of the prospectus of the Company dated 22 May 2015, a
copy of which is available on the Company's
website.
The Performance Shares
transferred shall, save in the event of certain limited
circumstances such as to fund the payment or discharge of any
liability to tax or social security payments arising, not be sold
or otherwise transferred or disposed of on or before 5 March
2025.
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
Katarina Sallerfors
Investor Relations - AGA
T: +44 207 666 6526
E: Katarina.Sallerfors@apax.com
|
Company
secretary
Magdala Mullegadoo / Chris
Copperwaite
Company Secretary
Telephone: +44 (0) 1481 749
700
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", 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").
|
About Apax Global Alpha
Limited
AGA is a Guernsey registered
closed-ended investment Company listed on the London Stock
Exchange. 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 Company makes Private Equity
investments in Apax Funds, and has a portfolio of primarily debt
investments, derived from the insights gained via Apax's 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") is a
leading global private equity advisory firm. For over 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 $77 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.
Apax 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
|
MARK DESPRES
|
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
Identification code
|
ORDINARY SHARES
APAX
|
b)
|
Nature of the transaction
|
PURCHASE
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£0
|
8,736
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
AS IN 4 C) ABOVE
0
|
e)
|
Date of the transaction
|
15 May 2024
|
f)
|
Place of the transaction
|
LONDON STOCK EXCHANGE
|
1
|
Details of the
person discharging managerial responsibilities / person closely
associated
|
a)
|
Name
|
SIMON CRESSWELL
|
2
|
Reason for the
notification
|
a)
|
Position/status
|
PDMR - INVESMTMENT 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
Identification code
|
ORDINARY SHARES
APAX
|
b)
|
Nature of the transaction
|
PURCHASE
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£0
|
12,000
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
AS IN 4 C) ABOVE
0
|
e)
|
Date of the transaction
|
15 May 2024
|
f)
|
Place of the transaction
|
LONDON STOCK EXCHANGE
|
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 ADVISOR
|
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
Identification code
|
ORDINARY SHARES
APAX
|
b)
|
Nature of the transaction
|
PURCHASE
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£0
|
304,827
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
AS IN 4 C) ABOVE
0
|
e)
|
Date of the transaction
|
15 May 2024
|
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 ADVISOR
|
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
Identification code
|
ORDINARY SHARES
APAX
|
b)
|
Nature of the transaction
|
PURCHASE
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£0
|
304,827
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
AS IN 4 C) ABOVE
0
|
e)
|
Date of the transaction
|
15 May 2024
|
f)
|
Place of the transaction
|
LONDON STOCK EXCHANGE
|
1
|
Details of the
person discharging managerial responsibilities / person closely
associated
|
a)
|
Name
|
RALF GRUSS
|
2
|
Reason for the
notification
|
a)
|
Position/status
|
PDMR- INVESTMENT ADVISOR
|
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
Identification code
|
ORDINARY SHARES
APAX
|
b)
|
Nature of the transaction
|
PURCHASE
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£0
|
144,956
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
AS IN 4 C) ABOVE
0
|
e)
|
Date of the transaction
|
15 May 2024
|
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 ADVISOR
|
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
Identification code
|
ORDINARY SHARES
APAX
|
b)
|
Nature of the transaction
|
PURCHASE
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£0
|
216,423
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
AS IN 4 C) ABOVE
0
|
e)
|
Date of the transaction
|
15 May 2024
|
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 ADVISOR
|
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
Identification code
|
ORDINARY SHARES
APAX
|
b)
|
Nature of the transaction
|
PURCHASE
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£0
|
240,755
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
AS IN 4 C) ABOVE
0
|
e)
|
Date of the transaction
|
15 May 2024
|
f)
|
Place of the transaction
|
LONDON STOCK EXCHANGE
|