Director/PDMR Shareholding

RNS Number : 8956X

Polar Capital Holdings PLC

02 May 2019

 

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:  [phone]	[phone]
	Peel Hunt LLP - Joint Broker
	Guy Wiehahn
	Tel: [phone]

 

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