Notice of Results

RNS Number : 7413H
Apax Global Alpha Limited
26 March 2020
 

 

(LSE: APAX)

 

Apax Global Alpha Limited

Notice of new date of Quarterly Results for the financial period ended 31 March 2020

 

AGA previously stated the first quarter results for the period ended 31 March 2020 would be released on 30 April 2020. AGA will now update the market on its quarterly performance on 15 May 2020. This is to allow additional time to prepare a thorough update on AGA's portfolio and results in light of the dynamically evolving COVID-19 crisis and volatility in capital markets.

 

The Company will host a webcast for analysts and investors on 15 May 2020 at 9:30am (UK Time).

 

Details will be available on the Company's website closer to the date at http://www.apaxglobalalpha.com

 

Contact details

 

Investor enquiries

Media enquiries

Sarah Page

IR Manager - AGA

Andrew Kenny

Head of Communications

Telephone: +44 (0)20 7666 6573

Telephone: +44 (0) 20 7872 6371

Email: sarah.page@apax.com

Email: andrew.kenny@apax.com

 

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.

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 debt and equities derived from the insights gained via Apax Partners' 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 is a leading global private equity advisory firm and over its more than 40-year history, Apax Partners has raised and advised funds with aggregate commitments of c.€40 billion. 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.

 


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