15 May 2024
Polar Capital Holdings plc ("Polar Capital" or the "Company")
Notification of Transactions by Persons Discharging Managerial Responsibilities (PDMRs)/Persons Closely Associated (PCAs) in accordance with the Market Abuse Regulation (MAR)
In line with the Annual Bonus and Deferred Remuneration Plan (DRP) of the Company, the Executive Directors and PDMRs of the Company listed below, have deferred their after-tax short-term bonus payment in the ordinary shares of the Company. These shares are subject to bad leaver forfeiture conditions and one third of these shares will be released from the conditions and made available to the recipient PDMRs after 31 March 2025, 31 March 2026 and 31 March 2027.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Gavin Rochussen | |||
| 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 under the remuneration policy and DRP requirements of the Company | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 549.60 pence | 18,359 | | |
| | | | |
| |
| d)
| Aggregated information | Single transaction as in 4 c) above | |||
| | | ||||
| e)
| Date of the transaction
| 14-05-2024 | |||
| f)
| Place of the transaction
| London Stock Exchange, AIM | |||
| 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 under the remuneration policy and DRP requirements of the Company | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 549.60 pence | 13,005 | | |
| | | | |
| |
| d)
| Aggregated information | Single transaction as in 4 c) above | |||
| | | ||||
| e)
| Date of the transaction
| 14-05-2024 | |||
| f)
| Place of the transaction
| London Stock Exchange, AIM | |||
| 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 under the remuneration policy and DRP requirements of the Company | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 549.60 pence | 8,742 | | |
| | | | |
| |
| d)
| Aggregated information | Single transaction as in 4 c) above | |||
| | | ||||
| e)
| Date of the transaction
| 14-05-2024 | |||
| f)
| Place of the transaction
| London Stock Exchange, AIM | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Iain Evans | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Global Head of Distribution | |||
| 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 under the remuneration policy and DRP requirements of the Company | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 549.60 pence | 9,537 | | |
| | | ||||
| e)
| Date of the transaction
| 14-05-2024 | |||
| f)
| Place of the transaction
| London Stock Exchange, AIM | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Nicholas Farren
| |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Operating 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 under the remuneration policy and DRP requirements of the Company | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 549.60 pence | 7,629 | | |
| | | | |
| |
| d)
| Aggregated information | Single transaction as in 4 c) above | |||
| | | ||||
| e)
| Date of the transaction
| 14-05-2024 | |||
| f)
| Place of the transaction
| London Stock Exchange, AIM | |||
Enquiries:
Polar Capital +44 (0)20 7227 2700
Gavin Rochussen (Chief Executive)
Samir Ayub (CFO)
Numis Securities Limited - Nomad and Joint Broker +44 (0)20 7260 1000
Giles Rolls (QE)
Charles Farquhar
Stephen Westgate
Peel Hunt LLP - Joint Broker +44 (0)20 3597 8680
Andrew Buchanan
John Welch
Sam Milford
Camarco +44 (0)20 7757 4995
Ed Gascoigne-Pees
Jennifer Renwick
Phoebe Pugh
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