Director/PDMR Shareholding

Polar Capital Holdings PLC

21 July 2026

 

21 July 2026

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

Notification of Transactions by Persons Discharging Managerial Responsibilities (PDMRs)

Vesting of 2023 Long Term Incentive Plan ("LTIP")

16 July 2026 was the third anniversary of grant, and the vesting date of the 2023 LTIP awards granted to Iain Evans, Samir Ayub, Alexander Black and Nicholas Farren. Details of the original grant on 16 July 2023 are contained in RNS No. 4181G released on 18 July 2023.

The terms of the LTIP award provided for vesting in full on the third anniversary of grant, subject to performance conditions. 

The LTIP awards vested in full, with full details available in the 2026 Annual Report.

The following table provides details of the vesting and release date of the awards:

PDMR		Vested Shares - 16 July 2026	Shares sold to cover tax	Net Shares to be released after the holding period on 16 July 2028
Iain Evans	Chief Executive Officer	117,773	65,070	52,703
Samir Ayub	Chief Financial Officer	107,066	59,154	47,912
Alexander Black	Chief Investment Officer	117,773	65,070	52,703
Nicholas Farren	Chief Operations Officer	102,784	56,788	45,996

Vesting of 'Conditional Award to CIO' 2023 Long Term Incentive Plan ("LTIP")

16 July 2026 was the third anniversary of grant of the Conditional Award, and the vesting date of 50% of the 2023 LTIP award granted to Alexander Black. Details of the original grant on 16 July 2023 are also contained in RNS No. 4181G released on 18 July 2023.

The LTIP award vests in two tranches on the third and fourth anniversary of grant, is subject to continued service and is not subject to a holding period.

The following table provides details of the vesting and release date of the awards:

PDMR		Vested Shares - 16 July 2026	Shares sold to cover tax	Net Shares to be released - not subject to holding period
Alexander Black	Chief Investment Officer	65,400	36,134	29,266

Individual PDMR Transaction Details:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Iain Evans
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	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	Acquisition of an interest in the shares of the Company on vesting of the 2023 LTIP Award
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			Nil	117,773
d)	Aggregated information	Single transaction as in 4 c) above
e)	Date of the transaction	17/07/2026
f)	Place of the transaction	Off Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Iain Evans
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	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	Sale of shares of the Company on vesting of the 2023 LTIP Award
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			8.82	65,070
d)	Aggregated information	Single transaction as in 4 c) above
e)	Date of the transaction	17/07/2026
f)	Place of the transaction	Off Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Samir Ayub
2	Reason for the notification
a)	Position/status	Chief Financial 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	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	Acquisition of an interest in the shares of the Company on vesting of the 2023 LTIP Award
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			Nil	107,066
d)	Aggregated information	Single transaction as in 4 c) above
e)	Date of the transaction	17/07/2026
f)	Place of the transaction	Off Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Samir Ayub
2	Reason for the notification
a)	Position/status	Chief Financial 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	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	Sale of shares of the Company on vesting of the 2023 LTIP Award
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			8.82	59,154
d)	Aggregated information	Single transaction as in 4 c) above
e)	Date of the transaction	17/07/2026
f)	Place of the transaction	Off Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alexander Black
2	Reason for the notification
a)	Position/status	Chief Investment 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	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	Acquisition of an interest in the shares of the Company on vesting of the 2023 LTIP Award and first tranche vesting of the 2023 Conditional LTIP Award
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			Nil	183,173
d)	Aggregated information	Single transaction as in 4 c) above
e)	Date of the transaction	17/07/2026
f)	Place of the transaction	Off Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alexander Black
2	Reason for the notification
a)	Position/status	Chief Investment 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	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	Sale of shares of the Company on vesting of the 2023 LTIP Award and the 2023 Conditional LTIP Award
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			8.82	101,204
d)	Aggregated information	Single transaction as in 4 c) above
e)	Date of the transaction	17/07/2026
f)	Place of the transaction	Off Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nicholas Farren
2	Reason for the notification
a)	Position/status	Chief Operations 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	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	Acquisition of an interest in the shares of the Company on vesting of the 2023 LTIP Award
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			Nil	102,784
d)	Aggregated information	Single transaction as in 4 c) above
e)	Date of the transaction	17/07/2026
f)	Place of the transaction	Off Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nicholas Farren
2	Reason for the notification
a)	Position/status	Chief Operations 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	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	Sale of shares of the Company on vesting of the 2023 LTIP Award
c)	Price(s) and volume(s)		Price(s)	Volume(s)
			8.82	56,788
d)	Aggregated information	Single transaction as in 4 c) above
e)	Date of the transaction	17/07/2026
f)	Place of the transaction	Off Market

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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