Correction: Issue of Equity

RNS Number : 9449J

Polar Capital Technology Trust PLC

16 April 2020

 

The following amendment has been made to the 'Issue of Equity' announcement released on 15 April 2020 at 4.54pm under RNS No 7940J:

The resulting amount of ordinary shares in issue following the issue of 31,256 ordinary shares has been amended to reflect the correct figure of 133,886,256.

All other details remain unchanged. The full amended text is shown below.

Polar Capital Technology Trust plc ("the Company")

Legal Entity Identifier: 549300TN1O5392UC4K19

15 April 2020

The Company announces the allotment of 31,256 ordinary shares of 25p each ("ordinary shares") fully paid under its block listing facility. These shares were issued for cash on 15 April 2020 at a price of 1657p per share, which equates to a premium to the estimated cum income net asset value at the time of the transaction of 1.68%.

The cum income net asset value per ordinary share at the close of business on 14 April 2020 was 1646p per share.

The new shares will rank pari passu with the existing issued ordinary shares of the Company.

· Number of ordinary shares in issue - 133,886,256

· Ordinary shares remaining in Company's block listing - 2,924,793

· Ordinary shares remaining under shareholder allotment authority - 13,321,244

The above figure of 133,886,256 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Polar Capital Technology Trust plc under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For further information, please contact:

T Lago FCG

Company Secretary

Polar Capital Technology Trust plc

Telephone Number: 020 7227 2700

 

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