Director/PDMR Shareholding

RNS Number : 9869U
Polar Capital Holdings PLC
24 January 2017
 

 

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 19th 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

 

Enquiries:

 

Polar Capital

John Mansell / Neil Taylor

+44 (0)207 227 2700

 

Canaccord Genuity (Nomad and Joint Broker)

Simon Bridges / Andrew Buchanan / Kit Stephenson

+44 (0)207 523 8000


This information is provided by RNS
The company news service from the London Stock Exchange
 
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