Notice of Q3 2015 Results

RNS Number : 3996B

Apax Global Alpha Limited

06 October 2015

 

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.

Note that any references in this announcement to Apax Global Alpha Limited have been abbreviated to "AGA" or "the Company". Any references to Apax Partners LLP have been abbreviated to "Apax Partners" or "the Investment Adviser".

FOR IMMEDIATE RELEASE

6 October 2015

APAX GLOBAL ALPHA LIMITED

Notice of Quarterly Update to 30 September 2015

The Company will update the market on its performance during the quarter to 30 September 2015 on Wednesday, 4^th November 2015.

The Company will host a conference call for analysts and investors at 9:30 am (UK Time) on the same day. Dial in details are available on the Company's website http://www.apaxglobalalpha.com/investor-information/calendar/

Contact details

Investor Relations
Lorraine Rees
Telephone:	[phone]
Email:	[e-mail]
Media enquiries (Apax Global Alpha Limited)
Alex Jones, Greenbrook Communications
Telephone:	[phone]
Email:	[e-mail]
Media enquiries (Apax Partners LLP)
Alex Wessendorff
Telephone:	[phone]
Email:	[e-mail]
Company Secretary
Matt Horton/Jacques Colley, Aztec Group
Telephone:	[phone]
Email:	[e-mail]

About Apax Global Alpha Limited

AGA is a company limited by shares which has been incorporated in Guernsey and is supervised by the Guernsey Financial Services Commission as a registered closed-ended investment scheme, the ordinary shares of which were listed on the Premium segment of the Main Market, the market of that name operated by the London Stock Exchange, on 15^th June 2015.

AGA's objective is to provide shareholders with capital appreciation from its investment portfolio and regular dividends. The Company is targeting an annualised Total Shareholder Return (TSR), across economic cycles, of 12-15% (net of fees and expenses) including a dividend yield of 5% of Net Asset Value (NAV), once fully invested.

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, investments 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. It operates globally and has more than 30 years of investing experience. Apax Partners has advised funds that total over €34 billion in aggregate as at 30 June 2015. Funds advised by Apax Partners invest in companies across four global sectors of Technology & Telecoms, 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 LLP is authorised and regulated by the Financial Conduct Authority in the UK.

 

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