14th Jun 2007 07:02
Polar Capital Holdings PLC14 June 2007 Polar Capital Holdings PLC Management and Performance Fee Agreement with Polar Capital Technology Trust Plc 14 June 2007 As announced by the board of Polar Capital Technology Trust plc ("PCTT") thismorning, Polar Capital Holdings plc (the "Company"), which manages the assets ofPCTT, has reached agreement with PCTT to change the existing performance feearrangements to bring them more into line with current market practice. The 1%management fee remains unaltered. The new arrangement has effect from 1 May2007. The board of the Company believes that the effect of the changes will be broadlyneutral over the medium term. For further information, please contact: Polar Capital Holdings PlcJohn Mansell020 7227 2700 Bridgewell LimitedBen Money-Coutts020 7003 3124 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Polar CapitalPolar Capital Technology Trust