Polar Capital Holdings PLC Director/PDMR Shareholding (9508Z)
27 May 2021 - 2:35AM
UK Regulatory
TIDMPOLR
RNS Number : 9508Z
Polar Capital Holdings PLC
26 May 2021
26 May 2021
Polar Capital Holdings plc ("Polar Capital" or the
"Company")
Notification of Transactions by Persons Discharging Managerial
Responsibilities (PDMRs)/Persons Closely Associated (PCAs)
The Company was notified on 26 May 2021 that Mr Nicholas Farren,
a person discharging managerial responsibilities, exercised two
share option awards under the Company's 2007 Equity Incentive Plan
(the "Plan") as follows:
-- 75,000 share options from share options granted in June 2012 at 191.0p per share
-- 50,000 share options from share options granted in July 2013 at 386.6p per share
The option was issued in accordance with the rules of the Plan
and use of the provisions relating to Equity Settled Share
Appreciation Rights ('ESARS'). The use of the ESARS provisions
allows the Company to issue to the option holder only the number of
shares that would equate to the number of shares over which the
option becomes exercisable less the number of shares that would
have needed to be sold to fund the purchase of that number of
shares on the exercise date.
The Employee Benefit Trust (EBT) transferred 82,930 ordinary
shares of 2.5p each ("Ordinary Shares") in full satisfaction of the
option exercise to Mr Farren and all the shares were then sold at
the market price of 800p per Ordinary Share.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Nicholas Farren
----------------------------------- -----------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------
a) Position/status COO and person discharging managerial
responsibilities
----------------------------------- -----------------------------------------------
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 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 Ordinary Shares of 2.5p each
financial instrument,
type of instrument
Identification code GB00B1GCLT25
b) Nature of the transaction Exercise of Share Options under the 2007
Equity Incentive Plan
----------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
------------------------- -----------------
Price(s) Volume(s)
------------------------- -----------------
191.0 pence 75,000
------------------------------------------------------------------ -----------------
d) Aggregated information Single transaction as in 4 c) above
e) Date of the transaction 26-05-2021
----------------------------------- -----------------------------------------------
f) Place of the transaction Off-Market
----------------------------------- -----------------------------------------------
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 Ordinary Shares of 2.5p each
financial instrument,
type of instrument
Identification code GB00B1GCLT25
b) Nature of the transaction Exercise of Share Options under the 2007
Equity Incentive Plan
----------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
------------------------- -----------------
Price(s) Volume(s)
------------------------- -----------------
386.6 pence 50,000
------------------------------------------------------------------ -----------------
d) Aggregated information Single transaction as in 4 c) above
e) Date of the transaction 26-05-2021
----------------------------------- -----------------------------------------------
f) Place of the transaction Off-Market
----------------------------------- -----------------------------------------------
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 Ordinary Shares of 2.5p each
financial instrument,
type of instrument
Identification code GB00B1GCLT25
b) Nature of the transaction Sale of Shares
----------------------------------- ------------------------------------------
c) Price(s) and volume(s)
---------------------- ---------------
Price(s) Volume(s)
---------------------- ---------------
800.0 pence 82,930
--------------------------------------------------------------- ---------------
d) Aggregated information Single transaction as in 4 c) above
e) Date of the transaction 26-05-2021
----------------------------------- ------------------------------------------
f) Place of the transaction London Stock Exchange, AIM, XLON
----------------------------------- ------------------------------------------
Enquiries:
Polar Capital
Gavin Rochussen / John Mansell / Neil Taylor
+44 (0)207 227 2700
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHQQLFLFELXBBX
(END) Dow Jones Newswires
May 26, 2021 12:35 ET (16:35 GMT)
Polar Capital (LSE:POLR)
Historical Stock Chart
From Apr 2024 to May 2024
Polar Capital (LSE:POLR)
Historical Stock Chart
From May 2023 to May 2024
