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Spread: 11.00 (1.316%)
Market Cap: £798.98m
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Fund Termination

15 Apr 2020 12:00

RNS Number : 7276J
Polar Capital Holdings PLC
15 April 2020
 

15 April 2020

Polar Capital Holdings plc

Fund Termination

 

 

Polar Capital Holdings plc ("Polar Capital" or the "Group"), the specialist active asset management group, confirms that the Directors of the UK Absolute Equity Fund (the "Fund"), managed by Polar Capital, have decided to terminate the Fund with effect from 15 May 2020. The termination of the Fund is immaterial to the core profitability of the Group.

 

The Group can confirm that the action has no impact on the management of any other Polar fund.

 

 

For further information please contact:

 

Polar Capital

Gavin Rochussen (Chief Executive)

John Mansell (Executive Director)

Samir Ayub (Finance Director)

 

+44 (0)20 7227 2700

Numis Securities Limited - Nomad and Joint Broker

Charles Farquhar

Stephen Westgate

Kevin Cruickshank (QE)

+44 (0)20 7260 1000

 

 

Peel Hunt LLP - Joint Broker

Guy Wiehahn

Andrew Buchanan

 

+44 (0)20 7418 8893

 

Camarco

Ed Gascoigne-Pees

Monique Perks

 

 

+44 (0)20 3757 4984

+44 (0)20 3757 4995

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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