Block Listing Application

RNS Number : 3974N

Polar Capital Technology Trust PLC

20 May 2020

 

Polar Capital Technology Trust plc (the "Company")

Block Listing Application

Legal Entity Identifier: 549300TN1O5392UC4K19

20 May 2020

The Company announces that an a pplication has been made to the Financial Conduct Authority and the London Stock Exchange for 10,400,000 Ordinary Shares of 25p each ("Shares") to be admitted to the Official List under the General Corporate Purposes Scheme.

The Shares may be issued, subject to guidelines laid down by the Board and at prices not less than the net asset value per share, under the block listing facility for general business purposes to satisfy demand that cannot be met through the secondary market. The proceeds of share issuance under the block listing will be used for investment in accordance with the Company's investment policy.

The Shares to be block listed may be issued pursuant to the Company's existing general authority to issue shares on a non pre-emptive basis. If issued, the new Shares will rank pari passu with the existing Shares in issue.

The block listing is expected to become effective at 8:00 a.m. on Thursday, 21 May, 2020.

For further information, please contact:

T Lago FCG

Company Secretary

Polar Capital Technology Trust plc

Telephone Number: 020 7227 2700

 

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