Issue of Equity and PDMR/Director Shareholding

RNS Number : 4191J

APQ Global Limited

27 April 2022

 

27 April 2022

APQ Global Limited

("APQ Global" or the "Company")

Issue of Equity and PDMR/Director Shareholding

APQ Global Limited, a company incorporated in Guernsey, has issued a total of 26,578 ordinary shares of no par value in the capital of the Company ("Ordinary Shares") to employees as part of the 2018 management share-based compensation scheme (the "Scheme"), including Bart Turtelboom, Chief Executive Officer and a Director of the Company, who has received 23,366 Ordinary Shares.

The Ordinary Shares being awarded under the Scheme were subject to historic performance criteria, being the increase in book value plus dividends paid for the period to 31 December 2017, relative to the book value at the admission and commencement of the Ordinary Shares to trading on AIM on 26 August 2016. The price used in calculating the number of shares awarded under the 2018 Scheme was the book value per share as at 31 December 2017 of 128.11 US cents.

Following this issue of Ordinary Shares, Mr Turtelboom is interested in 22,402,221 Ordinary Shares in the Company representing 28.54 per cent. of the Company's issued share capital.

Total Voting Rights

Application has been made for the Ordinary Shares to be admitted to trading on AIM. It is expected that admission will occur and dealings in the Ordinary Shares will commence on or around 3 May 2022 ("Admission").

Following Admission, the issued share capital of the Company will be 78,506,827 Ordinary Shares, with voting rights.  The Company does not hold any Ordinary Shares in treasury.

Following Admission, the above figure of 78,506,827 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For further enquiries, please contact:

APQ Global Limited Bart Turtelboom	020 3478 9708
Singer Capital Markets - Nominated Adviser and Broker James Maxwell / Justin McKeegan	020 7496 3000
Carey Group - TISE sponsor Claire Torode	01481 737 279
Investor Relations

    [e-mail]

Notes to Editors

APQ Global Limited

APQ Global (ticker: APQ LN) is an investment company incorporated in Guernsey. The Company focuses its investment activities globally (in Asia, Latin America, Eastern Europe, the Middle East, Africa and the Channel Islands, particularly).The objective of the Company is to steadily grow its earnings to seek to deliver attractive returns and capital growth through a combination of building growing businesses as well as earning revenue from income generating operating activities in capital markets^1. APQ Global run a well-diversified and liquid portfolio, take strategic stakes in selected businesses and plan to take operational control of companies through the acquisition of minority and majority stakes in companies with a focus on emerging markets. For more information, please visit  apqglobal.com .

1 Where we refer to revenue from income generating operating activities this relates to the revenue of our investee companies.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bart Turtelboom
2	Reason for the notification
a)	Position/status	PDMR (Chief Executive Officer)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	APQ Global Limited
b)	LEI	213800YJQFMQN7AAA148
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 of no par value GG00BZ6VP173
b)	Nature of the transaction	(1)  Exercise of Options
c)	Price(s) and volume(s)	Price	Volume
			23,366 Ordinary Shares
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction
f)	Place of the transaction	London Stock Exchange

 

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