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Pin to quick picksPolar Capital Regulatory News (POLR)

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968.00    -3.00 (-0.31%)
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Spread: 1.00 (0.103%)
Market Cap: £911.73m
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Transaction in Own Shares

24 Oct 2017 14:41

RNS Number : 4926U
Polar Capital Holdings PLC
24 October 2017
 

 

24 October 2017

 

Polar Capital Holdings plc ("Polar Capital" or the "Group")

 

Transaction in Own Shares

 

 

Polar Capital Holdings plc announces that on the 20 October 2017 its Employee Benefit Trust ("EBT") purchased through its Nominated Adviser and Broker, Canaccord Genuity Limited, 666,666 ordinary shares of 2.5 pence at a price of 450 pence per share.

 

The purchased ordinary shares will be used to satisfy the vesting of shares options and shares to be issued under the Company's Long Term Incentive Plan as previously indicated in the AUM Update of 12 October 2017 (RNS Number 3732T).

 

Following the purchase, the EBT holds 2,545,653 ordinary shares, representing 2.74% of the total ordinary share capital of the Group.

 

The Group's issued share capital as at 24 October 2017 is 92,828,979 ordinary shares.

 

Enquiries:

 

Polar Capital

John Mansell / Neil Taylor

+44 (0)207 227 2700

 

Canaccord Genuity (Nomad and Joint Broker)

Simon Bridges / Andrew Buchanan

+44 (0)207 523 8000

This information is provided by RNS
The company news service from the London Stock Exchange
 
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