Last checked at 
14 Jul 2017 10:51
14 July 2017
(LSE: APAX)
Apax Global Alpha Limited
Directors' Dealings - Sarah Evans
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 13 July 2017 that, on that date, Mrs Sarah Evans has beneficially acquired 20,000 Ordinary Shares of No Par Value in the Company at a price per share of £1.523, which are held through a nominee arrangement with Hargreaves Lansdown Nominee Limited. Following the purchase, Mrs Evans owns 20,000 Ordinary Shares, representing less than 1% of the Company's total issued share capital.
The Company was notified on 13 July 2017 that, on that date, Mr Huw Evans, a person closely associated to Mrs Evans (as defined under MAR) has beneficially acquired 35,000 Ordinary Shares of No Par Value in the Company at a price per share of £1.525, which are held through a nominee arrangement with Hargreaves Lansdown Nominee Limited. Following the purchase, Mr Evans owns 55,000 Ordinary Shares, representing less than 1% of the Company's total issued share capital.
Contact details
Investor and media enquiries Sarah Wojcik Telephone: +44 (0)20 7666 6573 Email: sarah.wojcik@apax.com | Company Secretary Jacques Colley 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 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 (NAV).
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. It operates globally and has more than 30 years of investing experience. Apax Partners has advised funds that total over €40 billion in aggregate as at 31 March 2017*. 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.
* Funds raised since 1981, commitments converted from fund currency to EUR at FX rates as at March 2017
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| SARAH EVANS | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| 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)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| AS IN 4 C) ABOVE
| ||||
e)
| Date of the transaction
| 13 July 2017 | ||||
f)
| Place of the transaction
| LONDON STOCK EXCHANGE
| ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| HUW EVANS | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PERSON CLOSELY ASSOCIATED TO PDMR | ||||
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)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| AS IN 4 C) ABOVE
| ||||
e)
| Date of the transaction
| 13 July 2017 | ||||
f)
| Place of the transaction
| LONDON STOCK EXCHANGE
| ||||