2nd Apr 2007 07:01
Polar Capital Holdings PLC02 April 2007 Polar Capital Holdings plc (the "Company") 2 April 2007 Issue of equity The Company announces that on 30 March 2007, it issued and allotted 2,178,040Ordinary Shares of 2.5p each under the crystallisation arrangements for fundmanagers incentive scheme ("PCPL Preference Share Scheme") as described in thePlacing and admission document dated 31 January 2007. This is the third and penultimate award from a crystallisation event which tookplace in 2005. A fourth and final award of a similar number of shares will bemade on 31 March 2008 subject to the terms of the PCPL Preference Share Scheme. Application has been made for these shares to be admitted to trading on AIM anddealings are expected to commence on 4 April 2007. As at 31 March the Company had 64,724,320 voting shares in issue, none of whichare held in treasury and following admission of the new shares this will become66,902,360 voting shares in issue, none of which are held in treasury. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Polar Capital