Polar Cap Tech Tst - Net Asset Value(s)
06/04/2016 13:45
RNS Number : 3897U Polar Capital Technology Trust PLC 06 April 2016 POLAR CAPITAL TECHNOLOGY TRUST PLC 6th April 2016 Net Asset Value As at close of business on 5th April 2016the unaudited net asset value per share, calculated in accordance with the AIC formula (including current year deficit and based on bid market values) was 629.16p. 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. 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 664.05p. The performance fee, if payable, will be accrued daily. - ENDS - For further information, please call: Tom Astor Investment Trust Operations Department Polar Capital Partners Limited Tel: 020 7227 2780 www.polarcapitaltechnologytrust.co.uk This information is provided by RNS The company news service from the London Stock Exchange END NAVBDGDSSSGBGLL