Last checked at 2 May 2019 10:39
2 May 2019
Polar Capital Holdings plc ("Polar Capital" or the "Company")
Notification of Transactions by Persons Discharging Managerial Responsibilities (PDMRs)/Persons Closely Associated (PCAs)
The Company was notified on 1 May 2019 that Mr Iain Evans, Global Head of Distribution and a PDMR, exercised 250,000 share options under the Company's 2007 Equity Inventive Plan (the "Plan"). The Company has issued 56,976 ordinary shares of 2.5p each ("Ordinary Shares") in full satisfaction of the option exercise, of which 26,779 Ordinary Shares were then sold at the market price of 577p per Ordinary Share.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Iain Evans
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Global Head of Distribution | |||
b)
| Initial notification /Amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Polar Capital Holdings plc | |||
b)
| LEI
| 549300OXX7YE1947B825 | |||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||||
a)
| Description of the financial instrument, type of instrument | Ordinary Shares of 2.5p each | |||
Identification code | GB00B1GCLT25 | ||||
b)
| Nature of the transaction
| Exercise of Share Options under the 2007 Equity Incentive Plan | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
445.5 pence | 250,000 | ||||
| |||||
d)
| Aggregated information | Single transaction as in 4 c) above | |||
- Aggregated volume | 250,000 | ||||
- Price | 445.5 pence
| ||||
e)
| Date of the transaction
| 01-05-2019 | |||
f)
| Place of the transaction
| Off-Market | |||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||||
a)
| Description of the financial instrument, type of instrument | Ordinary Shares of 2.5p each | |||
Identification code | GB00B1GCLT25 | ||||
b)
| Nature of the transaction
| Sale of Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
577.0 pence | 26,779 | ||||
| |||||
d)
| Aggregated information | Single transaction as in 4 c) above | |||
- Aggregated volume | 26,779 | ||||
- Price | 577.0 pence
Total Amount: £154,514.83 | ||||
e)
| Date of the transaction
| 01-05-2019 | |||
f)
| Place of the transaction
| London Stock Exchange, AIM, XLON | |||
Enquiries:
Polar Capital Holdings | Numis Securities Limited - Nomad and Joint Broker |
Gavin Rochussen (CEO) | Charles Farquhar |
John Mansell (CFO) | Stephen Westgate |
Neil Taylor (Company Secretary) | Kevin Cruickshank (QE) |
Tel: +44 (0)20 7227 2700 | +44 (0)20 7260 1000 |
Peel Hunt LLP - Joint Broker | |
Guy Wiehahn | |
Tel: +44 (0)20 7418 8893 |