Polar Capital Holdings PLC Director/PDMR Shareholding (7652V)

TIDMPOLR

RNS Number : 7652V

Polar Capital Holdings PLC

01 February 2017

1 February 2017

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

Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities

The Company was notified on 31 January 2017 that Mr Brian Ashford-Russell, a Non-executive Director of Polar Capital, sold 200,000 ordinary shares of 2.5p each ("Ordinary Shares") from his personal holding at 374.75p per share. Following this transaction Mr Ashford-Russell is interested in a total of 6,075,000 Ordinary Shares representing approximately 6.65% 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          Initial Notification 
        /Amendment 
----  ----------------------------  ----------------------------------- 
 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                Ordinary Shares of 2.5p each 
        the financial 
        instrument, type 
        of instrument 
---- 
 
       Identification                GB00B1GCLT25 
        code 
 
 b)    Nature of the                 Sale of Ordinary Shares 
        transaction 
----  ----------------------------  ----------------------------------- 
 c)    Price(s) and volume(s) 
----                                 ------------------  ------------ 
                                      Price(s)            Volume(s) 
----                                 ------------------  ------------ 
    374.75 pence                                          200,000 
   ----------------------------------------------------  ------------ 
 
 d)    Aggregated information        Single transaction as in 
                                      4 c) above 
---- 
 
  - Aggregated volume           200,000 
 
  - Price                       374.75 pence 
 
                                 Total Amount: GBP749,500 
 
 e)    Date of the transaction       31-01-2017 
----  ----------------------------  ----------------------------------- 
 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 / Kit Stephenson

[phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 01, 2017 08:22 ET (13:22 GMT)