Director/PDMR Shareholding

RNS Number : 7547Y

Polar Capital Holdings PLC

17 May 2021

 

17 May 2021

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 that on 14 May 2021 that Mr John Mansell, Executive Director, exercised in their entirety two share option awards under the Company's 2007 Equity Inventive Plan (the "Plan") as follows:

· 350,000 share options from share options granted in July 2011, which unless exercised would have lapsed on 26 July 2021.

· 350,000 share options from share options granted in July 2013, which unless exercised would have lapsed on 4 July 2023.

Following the above exercises Mr Mansell has no further share option awards over the shares of the Company.  

The Employee Benefit Trust (EBT) transferred 426,766 ordinary shares of 2.5p each ("Ordinary Shares") in full satisfaction of the option exercise to Mr Mansell and all the shares were then sold at the market price of 750p per Ordinary Share.

Following this transaction Mr Mansell continues to hold an interest in the Company's shares as follows:

Ordinary Shares

Ordinary Shares	Interest in Ordinary Shares held under the Company's deferment of remuneration arrangements	Total Interest in Ordinary Shares	% of the Company's issued share capital
1,900,528	47,317	1,947,845	1.97%

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Mansell
2	Reason for the notification
a)	Position/status	Executive Director
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)
			197.5p	350,000
d)	Aggregated information	Single transaction as in 4 c) above
e)	Date of the transaction	14/05/2021
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	Exercise of Share Options under the 2007 Equity Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			388.0 pence	350,000
d)	Aggregated information	Single transaction as in 4 c) above
e)	Date of the transaction	14-05-2021
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)
			750.0 pence	426,766
d)	Aggregated information	Single transaction as in 4 c) above
e)	Date of the transaction	14-05-2021
f)	Place of the transaction	London Stock Exchange, AIM, XLON

Enquiries:

Polar Capital

Gavin Rochussen / John Mansell / Neil Taylor

[phone]

 

END

 

 

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