Last checked at 16 Apr 2021 16:20
Polar Capital Global Financials Trust plc
Legal Entity Identifier: 549300G5SWN8EP2P4U41
16 April 2021
The Company announces the allotment of 750,000 ordinary shares of 5p each ("ordinary shares") fully paid out of the Treasury Account. These shares were issued for cash on 16 April 2021 at a price of 160.70p per share, which equates to a premium to the estimated cum income net asset value at the time of the transaction of 1.23%.
The cum income net asset value per ordinary share at the close of business on 15 April 2021 was 157.95p per share.
The new shares will rank pari passu with the existing issued ordinary shares of the Company.
· Number of ordinary shares in issue - 202,775,000
· Ordinary shares remaining in Company's Treasury Account - 35,975,000
· Ordinary shares remaining in Company's block listing - 2,100,000
· Ordinary shares remaining under shareholder allotment authority - 16,195,000
· Total Voting Rights attaching to Ordinary Shares in issue - 166,800,000
· The above figure of 166,800,000 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Polar Capital Global Financials Trust plc under the FCA's Disclosure Guidance and Transparency Rules.
For further information, please contact:
Tracey Lago, FCG
Company Secretary
Polar Capital Global Financials Trust plc
0207 227 2700