Issue of Equity

RNS Number : 9894Q

Polar Capital Technology Trust PLC

24 June 2020

 

Polar Capital Technology Trust plc ("the Company")

Legal Entity Identifier: 549300TN1O5392UC4K19

24 June 2020

The Company announces the allotment of 44,000 ordinary shares of 25p each ("ordinary shares") fully paid under its block listing facility. These shares were issued for cash on 24 June 2020 at a price of 2,040.00p per share, which equates to a premium to the estimated cum income net asset value at the time of the transaction of 1.62%.

The cum income net asset value per ordinary share at the close of business on 23 June 2020 was 2,018.83p per share.

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

· Number of ordinary shares in issue - 136,716,000

· Ordinary shares remaining in Company's block listing - 10,495,049

· Ordinary shares remaining under shareholder allotment authority - 10,491,500

The above figure of 136,716,000 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 FCA'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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