Notification of 2016 Annual Results

RNS Number : 1771U
Apax Global Alpha Limited
16 January 2017
 

Please be advised that this announcement may contain inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014 ("MAR")

 

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 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"

 

FOR IMMEDIATE RELEASE

 

16 January 2017

 

(LSE: APAX)

 

Apax Global Alpha Limited

 

Notice of Annual Results for the Financial Year Ended 31 December 2016

 

AGA will update the market on its performance during the financial year ended 31 December 2016 on Tuesday, 7th March 2017. The Company will host a webcast for analysts and investors at 9:30am (UK Time).

 

Further details will be available closer to the date on the Company's website at www.apaxglobalalpha.com.

 

 

Contact details

 

Investor Relations

 

Sarah Wojcik

 

Telephone:

+44 (0)20 7872 6300

 

Email:

investor.relations@apaxglobalalpha.com                                                                          

 

 

 

 

Media enquiries

 

Alex Wessendorff

 

Telephone:

+44 (0)20 7872 6461

 

Email:

alex.wessendorff@apax.com

 

 

 

 

Company Secretary

 

Matt Horton/Jacques Colley, Aztec Group

 

Telephone:

+44 (0)1481 749 700

 

Email:

AGA-Admin@aztecgroup.co.uk

 

 

 

 

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), 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, 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 December 2016. Funds advised by Apax Partners invest in companies across four global sectors of Tech & Telco, Services, Healthcare and Consumer. These funds provide longterm equity financing to build and strengthen worldclass 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.

 


This information is provided by RNS
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