Polar Capital Technology Trust PLC Net Asset Value(s) (4631W)

TIDMPCT

RNS Number : 4631W

Polar Capital Technology Trust PLC

09 February 2017

POLAR CAPITAL TECHNOLOGY TRUST PLC

9(th) February 2017

Net Asset Value

As at close of business on 8(th) February 2017 the unaudited net asset value per share, calculated in accordance with the AIC formula (including current year deficit and based on bid market values) was 889.07p.

Polar Capital Technology Trust plc may pay a performance fee to its investment manager, Polar Capital LLP, which would be payable at the year end, as a result of outperformance over the benchmark index, if the NAV per share (after adjusting for share buy backs and issuance and any accrual for the performance fee) exceeds the benchmark-adjusted high water mark.

For the purposes of calculating the performance fee, the NAV adjusted as described above is below the benchmark-adjusted high watermark.

The high water mark is the higher of the benchmark-adjusted NAV per share when the last performance fee was paid or the benchmark-adjusted NAV per share at the previous year end.

The current benchmark-adjusted high water mark is 904.91p.

The performance fee, if payable, will be accrued daily.

- ENDS -

For further information, please call:

Patrick Stuff

Investment Trust Operations Department

Polar Capital Partners Limited

Tel: [phone]

www.polarcapitaltechnologytrust.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

February 09, 2017 06:26 ET (11:26 GMT)