Announcement re future of the Company

RNS Number : 9163V

Polar Cap Gbl Healthcare Growth&IT

02 February 2017

 

Polar Capital Global Healthcare Growth and Income Trust Plc ("PCGH" or the "Company")

2 February 2017

Announcement re future of the Company

The Board of PCGH announce that following initial consultation with the Company's shareholders it has been working with its advisers and its investment manager, Polar Capital, on options for the future of the Company.   Any such proposals would be expected to include the opportunity for shareholders to continue their exposure to the healthcare sector in a closed ended vehicle, managed by Polar Capital, and consistent with the commitment made when the Company was launched, a full cash exit will be made available for those shareholders who wish to realise their investment.

Whilst timing remains uncertain at this stage, the Board expects that the effective date for such proposals will be well before the scheduled vote for winding up the Company which is to be put to the Annual General Meeting in January 2018.

Enquiries:

P Fincham

Panmure Gordon                                                             020 7886 2713

J Regnier-Wilson

Polar Capital                                                                      020 7227 2700

 

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