Director/PDMR Shareholding

RNS Number : 3606U

Polar Capital Holdings PLC

23 October 2017

 

23 October 2017

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

Notification of Transactions by Persons Discharging Managerial Responsibilities (PDMRs)/Persons Closely Associated (PCAs)

On 20 October 2017 Mr Tim Woolley, Non-Executive Director, exercised 1,372,635 share options under the Company's 2007 Equity Inventive Plan (the "Plan"). The Company issued 868,073 Ordinary Shares in satisfaction of the options, all of which were then sold at a market price of 450p per Ordinary Share.

Mr Woolley continues to hold shares and share options as follows:

Ordinary Shares

5,000,000 Ordinary Shares representing approximately 5.39% of the Group's issued share capital.

Share Options

Grant date	Shares under option	Option price	Earliest exercise date	Last exercise date	Market value of shares at grant date
20/12/2010	227,365	145.0p	31/03/2014	20/12/2020	145.0p

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tim Woolley
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	549300OXX7YE1947B825
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	Exercise of Share Options under the Equity Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			145.00 pence	772,635
d)	Aggregated information	Single transaction as in 4 c) above
	- Aggregated volume	772,635
	- Price	145.00 pence
e)	Date of the transaction	20-10-2017
f)	Place of the transaction	Off-Market
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	Exercise of Share Options under the Equity Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			191.70 pence	600,000
d)	Aggregated information	Single transaction as in 4 c) above
	- Aggregated volume	600,000
	- Price	191.70 pence
e)	Date of the transaction	20-10-2017
f)	Place of the transaction	Off-Market
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	Sale of Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			450.00 pence	868,073
d)	Aggregated information	Single transaction as in 4 c) above
	- Aggregated volume	868,073
	- Price	450.00 pence
e)	Date of the transaction	20-10-2017
f)	Place of the transaction	London Stock Exchange, AIM, XLON

Enquiries:

Polar Capital

John Mansell / Neil Taylor

[phone]

Canaccord Genuity (Nomad and Joint Broker)

Simon Bridges / Andrew Buchanan

[phone]

 

END

 

 

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