Net Asset Value(s)

RNS Number : 4421F

Polar Capital Technology Trust PLC

24 April 2014

 

POLAR CAPITAL TECHNOLOGY TRUST PLC

24^th April 2014

Undiluted

As at close of business on 23^rd April 2014 the unaudited net asset value per share, calculated in accordance with the AIC formula (including current year deficit and based on bid market values) was 467.87p.

Diluted

Not Currently Applicable

Polar Capital Technology Trust plc can earn a performance fee which would be payable at the year end, as a result of outperformance over the benchmark index, if the NAV per share (after adjusting for share buy backs and issuance and any accrual for the performance fee) exceeds the benchmark-adjusted high water mark.

The high water mark is the higher of the benchmark-adjusted NAV per share when the last performance fee was paid or the benchmark-adjusted NAV per share at the previous year end.

The current NAV per share is below the current benchmark-adjusted high water mark.

The performance fee, if payable, will be accrued daily.

- ENDS -

For further information, please call:

Tom Astor

Investment Trust Operations Department

Polar Capital Partners Limited

Tel: [phone]

www.polarcapitaltechnologytrust.co.uk 

 

END

 

 

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