Polar Capital Holdings PLC
02 April 2009
Polar Capital Holdings plc
Notifications of Major Interests in Shares
As a result of the allotment and issue 1,629,589 shares on 31 March 2009 which increased the issued share capital to 73,073,568 shares the Company has received notifications of major interests in shares from:
Mr P Hardy,
Mr B Ashford-Russell,
Mr C Hale,
Caledonia Investments plc and
XL RE Limited
Details of the notifications are given below.
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Polar Capital Holdings Plc |
|
2. Reason for the notification (please tick the appropriate box or boxes) |
|
|
An acquisition or disposal of voting rights |
||
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
||
An event changing the breakdown of voting rights |
||
Other (please specify): Change in issued share capital. |
||
3. Full name of person(s) subject to the notification obligation: |
Philip Hardy |
|
4. Full name of shareholder(s) (if different from 3.): |
|
|
5. Date of the transaction (and date on which the threshold is crossed or reached if different): |
2 April 2009 |
|
6. Date on which issuer notified: |
2 April 2009 |
|
7. Threshold(s) that is/are crossed or reached: |
Percentage Threshold |
|
8. Notified details: |
3.04% to 5.2% |
A: Voting rights attached to shares |
|||||||||||
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
Resulting situation after the triggering transaction |
|||||||||
Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
|||||||
Direct |
Direct |
Indirect |
Direct |
Indirect |
|||||||
Ordinary shares of 2.5p GB00B1GCLT25 |
2,172,785 |
2,172,785 |
3,802,374 |
3,802,374 |
- |
3,802,374 5.2% |
- |
||||
B: Financial Instruments |
|||||||||||
Resulting situation after the triggering transaction |
|||||||||||
Type of financial instrument |
Expiration date |
Exercise/ Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|||||||
None. |
|
|
|
|
Total (A+B) |
||||
Number of voting rights |
% of voting rights |
|||
3,802,374 |
5.2% |
|||
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
||||
None. |
||||
Proxy Voting: |
||||
10. Name of the proxy holder: |
N/A |
|||
11. Number of voting rights proxy holder will cease to hold: |
|
|||
12. Date on which proxy holder will cease to hold voting rights: |
|
|||
13. Additional information: |
|
|||
14. Contact name: |
P Hardy |
|||
15. Contact telephone number: |
020 7227 2700 |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Polar Capital Holdings Plc |
|
2. Reason for the notification (please tick the appropriate box or boxes) |
|
|
An acquisition or disposal of voting rights |
||
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
||
An event changing the breakdown of voting rights |
||
Other (please specify): Change in issued share capital. |
||
3. Full name of person(s) subject to the notification obligation: |
Brian Ashford-Russell |
|
4. Full name of shareholder(s) (if different from 3.): |
Brian Ashford-Russell Fenella Ashford-Russell |
|
5. Date of the transaction (and date on which the threshold is crossed or reached if different): |
2 April 2009 |
|
6. Date on which issuer notified: |
2 April 2009 |
|
7. Threshold(s) that is/are crossed or reached: |
Percentage Threshold |
|
8. Notified details: |
14.0% to 13.7% |
A: Voting rights attached to shares |
|||||||||||
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
Resulting situation after the triggering transaction |
|||||||||
Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
|||||||
Direct |
Direct |
Indirect |
Direct |
Indirect |
|||||||
Ordinary shares of 2.5p GB00B1GCLT25 |
10,000,000 |
10,000,000 |
10,000,000 |
10,000,000 |
- |
10,000,000 13.7% |
- |
||||
B: Financial Instruments |
|||||||||||
Resulting situation after the triggering transaction |
|||||||||||
Type of financial instrument |
Expiration date |
Exercise/ Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|||||||
None. |
|
|
|
|
Total (A+B) |
||||
Number of voting rights |
% of voting rights |
|||
10,000,000 |
13.7% |
|||
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable : |
||||
None. |
||||
Proxy Voting: |
||||
10. Name of the proxy holder: |
N/A |
|||
11. Number of voting rights proxy holder will cease to hold: |
|
|||
12. Date on which proxy holder will cease to hold voting rights: |
|
|||
13. Additional information: |
|
|||
14. Contact name: |
B Ashford Russell |
|||
15. Contact telephone number: |
020 7227 2700 |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Polar Capital Holdings Plc |
|
2. Reason for the notification (please tick the appropriate box or boxes) |
|
|
An acquisition or disposal of voting rights |
||
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
||
An event changing the breakdown of voting rights |
||
Other (please specify): Change in issued share capital |
||
3. Full name of person(s) subject to the notification obligation: |
Charles Hale |
|
4. Full name of shareholder(s) (if different from 3.): |
|
|
5. Date of the transaction (and date on which the threshold is crossed or reached if different) |
2 April 2009 |
|
6. Date on which issuer notified: |
2 April 2009 |
|
7. Threshold(s) that is/are crossed or reached: |
Percentage Threshold |
|
8. Notified details: |
3.02% to less than 3% |
A: Voting rights attached to shares |
|||||||||||
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
Resulting situation after the triggering transaction |
|||||||||
Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
|||||||
Direct |
Direct |
Indirect |
Direct |
Indirect |
|||||||
Ordinary shares of 2.5p GB00B1GCLT25 |
2,160,000 |
2,160,000 |
2,160,000 |
2,160,000 |
- |
2,160,000 2..9% |
- |
||||
B: Financial Instruments |
|||||||||||
Resulting situation after the triggering transaction |
|||||||||||
Type of financial instrument |
Expiration date |
Exercise/ Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|||||||
None. |
|
|
|
|
Total (A+B) |
||||
Number of voting rights |
% of voting rights |
|||
2,160,000 |
2.9% |
|||
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
||||
None. |
||||
Proxy Voting: |
||||
10. Name of the proxy holder: |
N/A |
|||
11. Number of voting rights proxy holder will cease to hold: |
|
|||
12. Date on which proxy holder will cease to hold voting rights: |
|
|||
13. Additional information: |
|
|||
14. Contact name: |
C Hale |
|||
15. Contact telephone number: |
020 7227 2700 |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Polar Capital Holdings Plc |
||
2. Reason for the notification (please tick the appropriate box or boxes) |
|
||
An acquisition or disposal of voting rights |
|||
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
|||
An event changing the breakdown of voting rights |
|||
Other (please specify): Change in issued share capital. |
|||
3. Full name of person(s) subject to the notification obligation: |
Caledonia Investments plc |
||
4. Full name of shareholder(s) (if different from 3.): |
|
||
5. Date of the transaction (and date on which the threshold is crossed or reached if different): |
2 April 2009 |
||
6. Date on which issuer notified: |
2 April 2009 |
||
7. Threshold(s) that is/are crossed or reached: |
Percentage threshold |
||
8. Notified details: |
15.0% to 14.0% |
A: Voting rights attached to shares |
|||||||||||
Class/ type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
Resulting situation after the triggering transaction |
|||||||||
Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
|||||||
Direct |
Direct |
Indirect |
Direct |
Indirect |
|||||||
Ordinary shares of 2.5p GB00B1GCLT25 |
10,716,640 |
10,716,640 |
10,716,640 |
10,716,640 |
|
14.7% |
|
||||
B: Financial Instruments |
|||||||||||
Resulting situation after the triggering transaction |
|||||||||||
Type of financial instrument |
Expiration date |
Exercise/ Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|||||||
|
|
|
|
|
Total (A+B) |
|||||
Number of voting rights |
% of voting rights |
||||
10,716,640 |
14.7% |
||||
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable |
|||||
None. |
|||||
Proxy Voting: |
|||||
10. Name of the proxy holder: |
|
||||
11. Number of voting rights proxy holder will cease to hold: |
|
||||
12. Date on which proxy holder will cease to hold voting rights: |
|
||||
13. Additional information: |
Change in percentage holding due to allotment of additional shares by issuer.
|
||||
14. Contact name: |
Ms Krista Burwood |
||||
15. Contact telephone number: |
0207 802 8080 |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Polar Capital Holdings Plc |
|
2. Reason for the notification (please tick the appropriate box or boxes) |
|
|
An acquisition or disposal of voting rights |
||
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
||
An event changing the breakdown of voting rights |
||
Other (please specify): Change in issued share capital. |
||
3. Full name of person(s) subject to the notification obligation: |
XL Re Ltd |
|
4. Full name of shareholder(s) (if different from 3.): |
|
|
5. Date of the transaction (and date on which the threshold is crossed or reached if different): |
2 April 2009 |
|
6. Date on which issuer notified: |
2 April 2009 |
|
7. Threshold(s) that is/are crossed or reached: |
Percentage threshold |
|
8. Notified details: |
11.2% to 10.9% |
A: Voting rights attached to shares |
|||||||||||
Class/ type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
Resulting situation after the triggering transaction |
|||||||||
Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
|||||||
Direct |
Direct |
Indirect |
Direct |
Indirect |
|||||||
Ordinary shares of 2.5p GB00B1GCLT25 |
8,000,000 |
8,000,000 |
8,000,000 |
8,000,000 |
|
8,000,000 10.9% |
|
||||
B: Financial Instruments |
|||||||||||
Resulting situation after the triggering transaction |
|||||||||||
Type of financial instrument |
Expiration date |
Exercise/ Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|||||||
|
|
|
|
|
Total (A+B) |
||||
Number of voting rights |
% of voting rights |
|||
8,000,000 |
10.9% |
|||
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
||||
None. |
||||
Proxy Voting: |
||||
10. Name of the proxy holder: |
|
|||
11. Number of voting rights proxy holder will cease to hold: |
|
|||
12. Date on which proxy holder will cease to hold voting rights: |
|
|||
13. Additional information: |
XL House One Bermudiana Road Hamilton HM 11 Bermuda Email: investments@xlgroup.com |
|||
14. Contact name: |
Ms Lesley Blackburn-Collette |
|||
15. Contact telephone number: |
1-441-294-7356 |