Altamir is exempted from the application of the provisions contained in the AIFM Directive

Altamir is exempted from the application of the provisions contained in the AIFM Directive

Paris, 23 April 2014 – Following the analysis provided by Altamir, the Autorité des Marchés Financiers (AMF – the French Authority of Financial Markets) has confirmed to the Company in a letter dated 22 April 2014, that Altamir is exempt from the application of the provisions contained in Directive 2011/61/EU (AIFM Directive).

Consequently, and as announced previously, the proposed Resolution 16 will not be submitted to a vote at the Extraordinary General Assembly during Altamir's Annual General meeting to be held on 24 April 2014, as said resolution is no longer applicable.

About Altamir

Altamir is a listed private equity company with more than €500 million in assets under management. The objective of Altamir is to grow its net asset value (NAV) per share and to outperform the most relevant indices (CAC Mid & Small, and LPX Europe). 

Altamir invests via the funds managed by Apax Partners France, a leading private equity firm in French-speaking Europe, and via Apax Partners LLP, one of the world's leading private equity investment groups. Both firms target buyout and growth capital investments in which they are majority shareholders or lead investors, and help management teams to implement ambitious value creation plans.

Altamir provides access to a diversified portfolio of fast-growing companies across Apax's sectors of specialization: Technology, Media, Telecom, Retail & Consumer, Healthcare, and Business & Financial Services. The portfolio is also diversified by size and geography: mid-sized companies in French-speaking European countries; and larger companies across Europe, North America and key emerging markets (China, India, Brazil). 

Altamir is listed, since its inception in 1995, on the NYSE Euronext Paris exchange, Compartment B, ticker: LTA, ISIN code: FR0000053837. It is listed on the CAC Small, CAC Mid & Small, CAC All-Tradable and LPX Europe indices, among others. The total number of Altamir ordinary shares in circulation at 31 December 2013 was 36,512,301. For further information, please visit www.altamir.fr .

Contact

Raquel Lizarraga

Tél. : +33 1 53 65 01 33

E-mail : raquel.lizarraga@altamir.fr

 

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