Directors Transactions
Polar Capital Technology Trust PLC
30 August 2005
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS
1. Name of the issuer
Polar Capital Technology Trust plc
2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in
accordance with section 324 (as extended by section 328) of the Companies Act
1985; or (iii) both (i) and (ii)
(iii) both (i) and (ii)
3. Name of person discharging managerial responsibilities/director
Brian Ashford-Russell - non- executive director of Polar Capital Technology
Trust plc
4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person
Combined sale by both Mr B Ashford-Russell and Mrs F Ashford-Russell (Wife)
5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest
Each from their beneficial holdings
6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares
Warrants to subscribe for ordinary shares of 25p each
7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them
Smith & Williamson Nominees Limited
8. State the nature of the transaction
Disposal
9. Number of shares, debentures or financial instruments relating to shares
acquired
n/a
10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)
n/a
11. Number of shares, debentures or financial instruments relating to shares
disposed
30,083 warrants by Mr B Ashford-Russell and 3,581 warrants by Mrs F
Ashford-Russell making a total disposal of 33,664 warrants
12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)
0.17%
13. Price per share or value of transaction
98.6p per warrant
14. Date and place of transaction
30 August 2005, London
15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)
59,394 warrants held by Mr B Ashford-Russell and 7,066 warrants by Mrs F
Ashford-Russell making a disclose-able holding of 66,460 warrants (0.35%) for
Mr B Ashford-Russell as a director
16. Date issuer informed of transaction
30 August 2005
17. Name of contact and telephone number for queries
Neil Taylor 020 7227 2700
Name and signature of duly authorised officer of issuer responsible for making
notification
Neil Taylor
Company Secretary
Date of notification
30 August 2005
This information is provided by RNS
The company news service from the London Stock Exchange
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