POLAR CAPITAL GLOBAL FINANCIALS TRUST PLC ("the Company")

SUBSCRIPTION SHARES - Notice of suspension

28 July 2017

On 16 June 2017, the Company notified holders of the Company's subscription shares (the "Subscription Shares") that the final period during which they are entitled to subscribe for Ordinary Shares ends on 31 July 2017 (the "Final Subscription Date").

To the extent that holders of Subscription Shares have not elected to exercise their Subscription Share rights by the Final Subscription Date, a trustee will be appointed over the outstanding Subscription Shares.  In accordance with the Subscription Share terms, the trustee will have to decide whether or not to exercise the outstanding Subscription Share rights within 14 days following the Final Subscription Date, such period expiring at close of business on 14 August 2017.

The Company has requested that the UK Listing Authority suspend the listing of the Subscription Shares from 7.30 am on Tuesday, 1 August 2017, following the passing of the Final Subscription Date, with the listing of the Subscription Shares to be cancelled in due course.

For further information, please contact:

T Lago

Company Secretary

Polar Capital Global Financials Trust plc

Telephone number 020 7227 2700