Result of Equity Issue

RNS Number : 6275N

Polar Cap Gbl Healthcare Growth&IT

15 June 2010

 



Polar Capital Global Healthcare Growth and Income Trust plc

15 June 2010

Issue of equity

 Following the closure of the Placing and Offer for Subscription and the admission of securities to the Official List and to trading on the London Stock Exchange, the Company is pleased to announce that 89,000,000 Ordinary Shares and 17,800,000 Subscription Shares have today been admitted to the London Stock Exchange's market for listed securities. The proceeds of the issue net of issue costs are £87,220,000 million.

 Applications were received under the placing for 71,618,355 Ordinary shares and under the offer for 17,381,645 Ordinary shares (in both cases with subscription shares attached). Accordingly, applications under both the Placing and Offer have been satisfied in full.

 For further information, please contact

Polar Capital

Neil Taylor

on 0207-227-2711

Matrix Corporate Capital LLP

Paul Fincham

on 0203-206-7000

 

END

 

 

ROIKKPDKCBKKDAD