Executive interview – APQ Global

APQ Global is an emerging markets company with a focus on Asia, Latin America, emerging Europe, the Middle East, and Africa. It aims to deliver a sustainable and growing dividend as well as capital growth for shareholders by focusing on investment opportunities with the potential to generate significant income and long-term growth. It is a relatively new company, listing on The International Stock Exchange (TISE) in Guernsey in August 2016 and raising c £78m in new capital, and it was admitted to trading on the London Stock Exchange AIM Market two weeks later. In September 2017 the company raised an additional c £20m in 3.5% CULS. The management team is highly experienced in emerging markets and CEO, Bart Turtelboom is a c 28% shareholder. APQ is targeting a 6% return on the 100p issue price in respect of FY17 and has paid H117 dividends of 3p per share. The unaudited book value per share at the end of August 2017 was 96.49p per share.