16 January 2020

APQ Global Limited

("APQ Global" or the "Company")

Issue of Equity and PDMR/Director Shareholding

APQ Global Limited, an emerging markets growth company based in Guernsey, has issued a total of 26,578 ordinary shares of no par value in the capital of the Company ("Ordinary Shares") to employees as part of the 2018 management share-based compensation scheme (the "Scheme"), including Bart Turtelboom, Chief Executive Officer and a Director of the Company, who has received 23,366 Ordinary Shares.

The Ordinary Shares being awarded under the Scheme were subject to historic performance criteria, being the increase in book value plus dividends paid for the period to 31 December 2017, relative to the book value at the admission and commencement of the Ordinary Shares to trading on AIM on 26 August 2016. The price used in calculating the number of shares awarded under the 2018 Scheme was the book value per share as at 31 December 2017 of 128.11 US cents.

Following this issue of Ordinary Shares, Mr Turtelboom is interested in 22,191,927 Ordinary Shares in the Company representing 28.35 per cent. of the Company's issued share capital.

Total Voting Rights

Application has been made for the Ordinary Shares to be admitted to trading on AIM.  It is expected that admission will occur and dealings in the Ordinary Shares will commence on or around 17 January 2020 ("Admission").

Following Admission, the issued share capital of the Company will be 78,267,625 Ordinary Shares, with voting rights.  The Company does not hold any Ordinary Shares in treasury.

Following Admission, the above figure of 78,267,625 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For further enquiries, please contact:

                [email protected]

Notes to Editors

APQ Global Limited

APQ Global (ticker: APQ LN) is a global emerging markets income company with interests across Asia, Latin America, Eastern Europe, the Middle East and Africa. The Company's objective is to steadily grow earnings to deliver attractive returns and capital growth to shareholders. This objective is achieved through a combination of revenue generating operating activities and investing in growing businesses across emerging markets. APQ Global run a well-diversified and liquid portfolio, take strategic stakes in selected businesses and plan to take operational control of companies through the acquisition of minority and majority stakes in companies with a focus on emerging markets.

For more information, please visit apqglobal.com.