Director/PDMR Shareholding

Polar Capital Holdings PLC

17 July 2026

 

17 July 2026

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

Notification of Transactions by Persons Discharging Managerial Responsibilities (PDMRs)

Grant of 2026 Long Term Incentive Plan Awards (LTIP)

Polar Capital announces the grant of conditional share awards over ordinary shares of 2.5 pence each in Polar Capital Holdings PLC ("Awards") on 16 July 2026 to the following Directors and PDMRs of the Company in accordance with the rules of the 2026 Executive Incentive Plan.

PDMR	Position	No. of shares under Award*	Type of Award
Iain Evans	Chief Executive Officer	117,005	Executive
Samir Ayub	Chief Financial Officer	69,077	Executive
Alexander Black	Chief Investment Officer	69,077	Executive
Nicholas Farren	Chief Operating Officer	58,343	Executive

*The share numbers reflect the average of the middle-market closing price of a Share as per AIM on 9 to 15 July 2026 of 899p.

The terms of the LTIP awards detailed above provide for vesting on the first dealing day post the third anniversary of grant, subject to continued employment and various performance conditions as detailed below:

Executive Award

Subject to a two-year holding period post vesting

°     35% of each Award is subject to a performance condition requiring the Company's adjusted diluted total earnings per share to achieve a pre-set level for the financial year 2029 which is the end of three financial years commencing on 1 April 2026 (the 'Performance Period'). 

°     35% of each Award is subject to a performance condition relating to the performance of the Company's total shareholder return relative to the constituents of the FTSE 250 Index (excluding investment trusts) during the Performance Period.

°     10% of each Award is subject to a performance condition measured by reference to the cumulative net inflows to Polar Group funds from two key geographic locations during the Performance Period.

°     20% of each Award is subject to a performance condition measured by reference to strategic progress towards enhancing the investment proposition for the Company's investors during the Performance Period.

PDMR Transaction detail

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Iain Evans
2	Reason for Notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/Amendment	Initial Announcement
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 2.5 pence each in Polar Capital Holdings PLC
	Identification code	GB00B1GCLT25
b)	Nature of the transaction	Grant of an award under the Company's 2026 Executive Incentive Plan as a conditional award. Awards may vest after 3 years subject to performance and continued service. Any vested shares will normally be subject to a holding period ending on the fifth anniversary of grant.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 117,005
d)	Aggregated information -     Aggregated volume -     Price	Not applicable - single transaction
e)	Date of the transaction	16 July 2026
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Samir Ayub
2	Reason for Notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/Amendment	Initial Announcement
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 2.5 pence each in Polar Capital Holdings PLC
	Identification code	GB00B1GCLT25
b)	Nature of the transaction	Grant of an award under the Company's 2026 Executive Incentive Plan as a conditional award. Awards may vest after 3 years subject to performance and continued service. Any vested shares will normally be subject to a holding period ending on the fifth anniversary of grant.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 69,077
d)	Aggregated information -     Aggregated volume -     Price	Not applicable - single transaction
e)	Date of the transaction	16 July 2026
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alexander Black
2	Reason for Notification
a)	Position/status	Chief Investment Officer
b)	Initial notification/Amendment	Initial Announcement
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 2.5 pence each in Polar Capital Holdings PLC
	Identification code	GB00B1GCLT25
b)	Nature of the transaction	Grant of an award under the Company's 2026 Executive Incentive Plan as a conditional award. Awards may vest after 3 years subject to performance and continued service. Any vested shares will normally be subject to a holding period ending on the fifth anniversary of grant.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 69,077
d)	Aggregated information -     Aggregated volume -     Price	Not applicable - single transaction
e)	Date of the transaction	16 July 2026
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nicholas Farren
2	Reason for Notification
a)	Position/status	Chief Operating Officer
b)	Initial notification/Amendment	Initial Announcement
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 2.5 pence each in Polar Capital Holdings PLC
	Identification code	GB00B1GCLT25
b)	Nature of the transaction	Grant of an award under the Company's 2026 Executive Incentive Plan as a conditional award. Awards may vest after 3 years subject to performance and continued service. Any vested shares will normally be subject to a holding period ending on the fifth anniversary of grant.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 58,343
d)	Aggregated information -     Aggregated volume -     Price	Not applicable - single transaction
e)	Date of the transaction	16 July 2026
f)	Place of the transaction	Outside a trading venue

Enquiries:

Polar Capital Tracey Lago (Group Company Secretary)	[phone]
Deutsche Numis - Nomad and Joint Broker Charles Farquhar Duncan Monteith	[phone]
Peel Hunt LLP - Joint Broker Andrew Buchanan Oliver Jackson	[phone]
Camarco - PR Ed Gascoigne-Pees Jennifer Renwick Phoebe Pugh	[phone]

 

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