$APLVF: The decline coincides with this distributi
Post# of 103078
AP Alternative Assets, L.P. Declares Distribution of Common Shares of
Athene Holding Ltd.
Guernsey, Channel Islands, March 1, 2018: AP Alternative Assets, L.P. (“AAA”;
Euronext Amsterdam: AAA) announces the declaration of a distribution of freely tradeable
common shares of Athene Holding Ltd. (“Athene”) to its unitholders.
The Board of Directors of AAA Guernsey Limited (the “Board”), the general partner of
AAA, and the Board of Directors of AAA MIP Limited, the general partner of AAA
Associates, L.P. (“AAA Associates”), as general partner of AAA Investments, L.P.
(“AAA Investments”) have approved a distribution of 26,025,200 common shares of Athene (“Athene Shares”) or 97.73% of the total 26,630,755 Athene Shares beneficially
owned by AAA, including 22,507,327 Athene Shares to be distributed by AAA to AAA
unitholders a nd 3,517,873 Athene Shares to be distributed by AAA Investments to AAA
Associates, its general partner, in respect of its carried interest and general partnership
interest in AAA Investments in connection with this distribution (the “AAA
Distribution”).
http://www.apolloalternativeassets.com/ViewDo...3.1.18.pdf
APLVF derived it's value from ATH and did a distribution of 97% therefore the decline it seems