Director/PDMR Shareholding

RNS Number : 9869U

Polar Capital Holdings PLC

24 January 2017

Polar Capital Holdings plc ("Polar Capital" or the "Company")

Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities

Further to the announcement made on 19^th January 2017, that senior executives of Polar Capital Holdings plc would be prepared to sell ordinary shares of 2.5p each ("Ordinary Shares") to Mr Gavin Rochussen, the Chief Executive designate of the Company, notification has been received of the following dealings.

The Company was notified on 23 January 2017 that Mr Tim Woolley, Chief Executive of Polar Capital, sold 350,000 Ordinary Shares from his personal holding at 300p per share. Following this transaction Mr Woolley is interested in a total of 5,150,000 Ordinary Shares representing approximately 5.63% of the Company's issued share capital.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tim Woolley
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Polar Capital Holdings plc
b)	LEI	N/A
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares of 2.5p each

	Identification code	GB00B1GCLT25

b)	Nature of the transaction	Disposal of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			300 pence	350,000

d)	Aggregated information	Single transaction as in 4 c) above

	- Aggregated volume	350,000

	- Price	300 pence Total Amount: £1,050,000

e)	Date of the transaction	20-01-2017
f)	Place of the transaction	London Stock Exchange, AIM

The Company was also notified on 23 January 2017 that Mr Brian Ashford-Russell, a Non-executive Director of Polar Capital, sold 325,000 Ordinary Shares from his personal holding at 300p per share. Following this transaction Mr Ashford-Russell is interested in a total of 6,275,000 Ordinary Shares representing approximately 6.86% of the Company's issued share capital.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Brian Ashford-Russell
2	Reason for the notification
a)	Position/status	Non-executive Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Polar Capital Holdings plc
b)	LEI	N/A
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares of 2.5p each

	Identification code	GB00B1GCLT25

b)	Nature of the transaction	Disposal of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			300 pence	325,000

d)	Aggregated information	Single transaction as in 4 c) above

	- Aggregated volume	325,000

	- Price	300 pence Total Amount: £975,000

e)	Date of the transaction	20-01-2017
f)	Place of the transaction	London Stock Exchange, AIM