Polar Capital Technology Trust PLC Issue of Equity (1309O)
May 27 2020 - 12:03PM
UK Regulatory
TIDMPCT
RNS Number : 1309O
Polar Capital Technology Trust PLC
27 May 2020
Polar Capital Technology Trust plc ("the Company")
Legal Entity Identifier: 549300TN1O5392UC4K19
27 May 2020
The Company announces the allotment of 25,000 ordinary shares of
25p each ("ordinary shares") fully paid under its block listing
facility. These shares were issued for cash on 27 May 2020 at a
price of 1,905.00p per share, which equates to a premium to the
estimated cum income net asset value at the time of the transaction
of 2.18%.
The cum income net asset value per ordinary share at the close
of business on 26 May 2020 was 1,871.34p per share.
The new shares will rank pari passu with the existing issued
ordinary shares of the Company.
-- Number of ordinary shares in issue - 135,621,000
-- Ordinary shares remaining in Company's block listing - 11,590,049
-- Ordinary shares remaining under shareholder allotment authority - 11,586,500
The above figure of 135,621,000 ordinary shares may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in, Polar Capital Technology Trust plc
under the FCA's Disclosure Guidance and Transparency Rules.
For further information, please contact:
T Lago FCG
Company Secretary
Polar Capital Technology Trust plc
Telephone Number: 020 7227 2700
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END
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