25 October 2024
Apax Global Alpha Limited
Transaction in own shares
Apax Global Alpha Limited ("AGA" or the "Company") announces that on 24 October 2024 it purchased the following ordinary shares (the "Ordinary Shares") on the London Stock Exchange through the Company's broker Jefferies International Limited ("Jefferies").
Aggregate information:
|
|
London Stock Exchange (XLON) |
|
Number of Ordinary Shares purchased |
100,000 |
|
Highest price paid (per Ordinary Share) |
144.00p |
|
Lowest price paid (per Ordinary Share) |
143.00p |
|
Volume weighted average price paid (per Ordinary Share) |
143.61p |
The repurchased shares will be held in Treasury.
The purchases form part of the Company's share buyback programme announced on 26 June 2024.
Following settlement of the above purchases, the Company's total issued share capital will comprise 491,100,768 Ordinary Shares, of which 1,805,554 are held in Treasury. Therefore, the total number of voting rights will be 489,295,214.
The total voting rights figure of 489,295,214 may be used by shareholders for the calculations by which they will determine if they are required to notify their major interest in, or a change to their major interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
END
Contact details
|
Katarina Sallerfors, Investor Relations - AGA |
|
Telephone: +44 207 666 6526 |
|
Email: Katarina.sallerfors@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" 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 |
|
4. |
The information presented herein is not an offer for sale within |
|
5. |
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. |
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
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
Apax is authorised and regulated by the Financial Conduct Authority in the
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.