(LSE: APAX)
Apax Global Alpha
Limited
2024 Interim
Dividend
The Directors of the Company are pleased to
declare that a dividend will be payable, for the financial period
ended 30 June 2024, in accordance with the following
timetable:
Ex-Dividend Date:
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12 September 2024
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Record Date:
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13 September 2024
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Payment Date:
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3 October 2024
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Total Dividend Payment:
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GBP 26,960,924
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Dividend Per Share:
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GBP 5.50p
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FX Rate:
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EUR / GBP of 1.1851 as at 27 August
2024
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Important information regarding dividend payments - Dividends
no longer paid by cheque
The payment of the Interim Dividend
on 3 October 2024 will be the last dividend payment made by the
Company which will be supported by the issue of cheque. The Company
will thereafter no longer issue cheques to pay dividends. All
future dividend payments approved by the Board, commencing with the
payment expected to be made in April 2025, will be paid
electronically, either by bank transfer or through CREST. As part
of this process, shareholders who wish to be paid electronically
are required to register their bank account details with the
Company's Registrar, Link Group, via the Signal Shares portal
(https://www.signalshares.com).
Shareholders should contact the
Registrar (Link Group) with regard to any queries or information in
relation to the payment of their dividend, by email to shareholderenquiries@linkgroup.co.uk
or by telephone on 0371 664 0300 ((Calls are
charged at the standard geographic rate and will vary by provider.
Calls outside the United Kingdom will be charged at the applicable
international rate. ) or from outside the UK on +44 (0) 371 664
0300. Lines are open Monday - Friday, 9:00am - 5:30pm GMT,
excluding public holidays in England and Wales.
Additional information for
shareholders is available via the Registrar's online share portal
at https://www.signalshares.com/
Contact
details
Investor
relations
Katarina Sallerfors
Investor Relations - AGA
T: +44 207 666 6526
E: Katarina.Sallerfors@apax.com
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Company
secretary
Magdala Mullegadoo / Chris
Copperwaite
Company Secretary
Telephone: +44 (0) 1481 749
700
Email: AGA-admin@aztecgroup.co.uk
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Notes
1.
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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" or "the Investment Adviser".
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2.
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Please be advised that this
announcement may contain inside information as stipulated under the
Market Abuse Regulations (EU) NO. 596/2014 ("MAR").
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3.
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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.
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4.
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The information presented herein is
not an offer for sale within the United States of any equity shares
or other securities of Apax Global Alpha Limited ("AGA"). AGA has
not been and will not be registered under the US Investment Company
Act of 1940, as amended (the "Investment Company Act"). In
addition, AGA's shares (the "Shares") have not been and will not be
registered under the Securities Act or any other applicable law of
the United States. Consequently, the Shares may not be offered or
sold or otherwise transferred within the United States, or to, or
for the account or benefit of, US Persons, except pursuant to an
exemption from the registration requirements of the Securities Act
and under circumstances which will not require AGA to register
under the Investment Company Act. No public offering of the Shares
is being made in the United States.
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5.
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This announcement may include
forward-looking statements. The words "expect", "anticipate",
"intends", "plan", "estimate", "aim", "forecast", "project" and
similar expressions (or their negative) identify certain of these
forward-looking statements. These forward-looking statements are
statements regarding AGA's intentions, beliefs or current
expectations concerning, among other things, AGA's results of
operations, financial condition, liquidity, prospects, growth and
strategies. The forward-looking statements in this presentation are
based on numerous assumptions regarding AGA's present and future
business strategies and the environment in which AGA will operate
in the future. Forward-looking statements involve inherent known
and unknown risks, uncertainties and contingencies because they
relate to events and depend on circumstances that may or may not
occur in the future and may cause the actual results, performance
or achievements of AGA to be materially different from those
expressed or implied by such forward looking statements. Many of
these risks and uncertainties relate to factors that are beyond
AGA's ability to control or estimate precisely, such as future
market conditions, currency fluctuations, the behaviour of other
market participants, the actions of regulators and other factors
such as AGA's ability to continue to obtain financing to meet its
liquidity needs, changes in the political, social and regulatory
framework in which AGA operates or in economic or technological
trends or conditions. Past performance should not be taken as an
indication or guarantee of future results, and no representation or
warranty, express or implied, is made regarding future performance.
AGA expressly disclaims any obligation or undertaking to release
any updates or revisions to these forward-looking statements to
reflect any change in AGA's expectations with regard thereto or any
change in events, conditions or circumstances on which any
statement is based after the date of this announcement, or to
update or to keep current any other information contained in this
announcement. Accordingly, undue reliance should not be placed on
the forward-looking statements, which speak only as of the date of
this announcement.
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About Apax Global Alpha
Limited
AGA is a Guernsey registered
closed-ended investment Company listed on the London Stock
Exchange. 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).
The Company makes Private Equity
investments in Apax Funds, and has a portfolio of primarily Debt
Investments, derived from the insights gained via Apax's 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 LLP ("Apax") is a
leading global private equity advisory firm. For over 50 years,
Apax has worked to inspire growth and ideas that transform
businesses. The firm has raised and advised funds with aggregate
commitments of nearly $80 billion. The Apax Funds invest in
companies across four global sectors of Tech, Services, Healthcare
and Internet/Consumer. These funds provide long-term equity
financing to build and strengthen world-class companies. For
further information about Apax, please visit www.apax.com.
Apax is authorised and regulated by
the Financial Conduct Authority in the UK.