Circular RE: Final Exercise of Subscription Shares

RNS Number : 0450A

Polar Capital Technology Trust PLC

13 February 2014

 



POLAR CAPITAL TECHNOLOGY TRUST PLC ("the Company")

CIRCULAR RE EXERCISE OF SUBSCRIPTION SHARES

13 February 2014

The Company has today sent to registered holders of Subscription Shares a circular ("Circular") reminding them that they have the right (but not the obligation) to subscribe in cash for Ordinary Shares on 28 February 2014 and 31 March 2014 at a subscription price of 478 pence per share. 

To the extent that holders do not exercise their Subscription Rights on these Subscription Dates, they will have no further opportunity to do so. Holders' right to exercise their Subscription Rights will lapse after 5:00 pm on 31 March 2014 (being the Final Subscription Date).

The Subscription Shares will be suspended from Listing at 7.30am on 1 April 2014, and will subsequently be cancelled at 8.00am on 1 May 2014.

The Circular is available for inspection on the document library section of the Company's website: www.polarcapitaltechnology.co.uk  

A copy of the Circular has been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.Hemscott.com/nsm.do

For further information, please contact:

N P Taylor

Company Secretary

Polar Capital Technology Trust plc

Telephone number 020 7227 2700

 

END

 

 

CIRGGUUAPUPCGCW