Director Dealings - Chris Ambler

RNS Number : 3702I

Apax Global Alpha Limited

23 November 2018

 

(LSE: APAX)

Apax Global Alpha Limited

Director Dealings - Chris Ambler

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 22 November 2018 that, Mr Ambler has beneficially acquired 11,260 Ordinary Shares of No Par Value in the Company at a price per share of £1.3318 through Investor Nominee Limited. Following the purchase, Mr Ambler owns, 18,008 Ordinary Shares, representing less than 1% of the Company's total issued share capital.

Contact details

Investor relations Sarah Wojcik IR Manager - AGA Telephone: [phone] Email: [e-mail]

Media enquiries Andrew Kenny Head of Communications Telephone: [phone] Email: [e-mail]

Company secretary Jacques Colley Client Relationship Manager 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 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 €43billion as at 30 September 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.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	CHRISTOPHER JOHN AMBLER
2	Reason for the notification
a)	Position/status	PDMR - NON-EXECUTIVE DIRECTOR
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) £1.3318 11,260
d)	Aggregated information - Aggregated volume - Price	AS IN 4 C) ABOVE
e)	Date of the transaction	22 November 2018
f)	Place of the transaction	LONDON STOCK EXCHANGE

 

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