REG - Polar Capital Hldgs - Director/PDMR Shareholding

Polar Capital HoldingsAnnouncement

16/07/2018 15:45

RNS Number : 7916U
Polar Capital Holdings PLC
16 July 2018
 


16 July 2018
 
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 Regulations.
 
 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


 Gavin Rochussen 




2


Reason for Notification




a)


Position/status


Executive Director




b)


Initial notification/Amendment


Initial Announcement




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 2.5 pence each in Polar Capital Holdings PLC
 








Identification code


GB00B1GCLT25




b)


Nature of the transaction


Grant of an award under the Company's 2016 Executive Incentive Plan as a conditional award. Subject to performance over 3 years and continued service, the award normally vests after 3 years. One third of the shares may be sold immediately with the two remaining thirds being subject to a retention requirement until respectively the fourth and fifth anniversaries of the award date.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


233,918








d)


Aggregated information
-     Aggregated volume
-     Price


Not applicable - single transaction




e)


Date of the transaction


16 July 2018




f)


Place of the transaction


Outside a trading venue



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


 John Mansell 




2


Reason for Notification




a)


Position/status


Executive Director




b)


Initial notification/Amendment


Initial Announcement




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 2.5 pence each in Polar Capital Holdings PLC
 








Identification code


GB00B1GCLT25




b)


Nature of the transaction


Grant of an award under the Company's 2016 Executive Incentive Plan as a conditional award. Subject to performance over 3 years and continued service, the award normally vests after 3 years. One third of the shares may be sold immediately with the two remaining thirds being subject to a retention requirement until respectively the fourth and fifth anniversaries of the award date.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


131,578








d)


Aggregated information
-     Aggregated volume
-     Price


Not applicable - single transaction




e)


Date of the transaction


16 July 2018




f)


Place of the transaction


Outside a trading venue



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


 Iain Evans




2


Reason for Notification




a)


Position/status


PDMR




b)


Initial notification/Amendment


Initial Announcement




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 2.5 pence each in Polar Capital Holdings PLC
 








Identification code


GB00B1GCLT25




b)


Nature of the transaction


Grant of an award under the Company's 2016 Executive Incentive Plan as a conditional award. Subject to performance over 3 years and continued service, the award normally vests after 3 years. One third of the shares may be sold immediately with the two remaining thirds being subject to a retention requirement until respectively the fourth and fifth anniversaries of the award date.




c)


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


87,719








d)


Aggregated information
-     Aggregated volume
-     Price


Not applicable - single transaction




e)


Date of the transaction


16 July 2018




f)


Place of the transaction


Outside a trading venue



 
Enquiries:                  
Polar Capital
John Mansell / Neil Taylor
+44 (0)207 227 2700
 
Canaccord Genuity (Nomad and Joint Broker)
Simon Bridges (QE)
Margarita Mitropoulou
+44 (0)207 523 8000
 




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