Digital Look

Welcome to Digital Look++,
you are not logged in

Advanced Search | Company A-Z | Feedback

Track your investments by setting up a free portfolio with Digital Look. Register now

Company Announcements

Holding(s) in Company

Related Companies

By LSE RNS

RNS Number : 0210G

Polar Capital Global Financials Tst

23 May 2017

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ⁱⁱ			Polar Capital Global Financial Trust plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):	Horizontal Aggregation Disclosure			X
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ		Brewin Dolphin Limited
4. Full name of shareholder(s) (if different from 3.):^iv
5. Date of the transaction and date on which the threshold is crossed or reached: ^v		19^th May 2017
6. Date on which issuer notified:		23^rd May 2017
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}		5% - GB00B9XQV370 See section 13

8. Notified details:

A: Voting rights attached to shares ^{viii, ix}

Class/type of
shares

if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of voting rights ^x

Direct

Direct ^xi

Indirect ^xii

Direct

Indirect

ORD GBP0.05

17,329,826

2,960,800

17,329,826

2,960,800

N/A

10,011,088

1,444,937

N/A

4.9370%

0.7126%

GB00B9XQT119

SUB SHS

GB00B9XQV370

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date ^xiii

Exercise/
Conversion Period ^xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments ^{xv, xvi}

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date ^xvii

Exercise/
Conversion period ^xviii

Number of voting rights instrument refers to

% of voting rights ^{xix, xx}

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

11,456,025

5.6496%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: ^xxi

ORD GBP0.05

Indirect - Brewin Nominees (Channel Islands) Limited -	156,600	0.0772	%

Indirect - Brewin Nominees Limited A/c NOM	4,281,282	2.1114	%

Indirect - Brewin Nominees Limited A/c ISA	2,551,264	1.2582	%

Indirect - Brewin Nominees Limited A/c GROSS	2,190,647	1.0803	%

Indirect - Brewin Nominees Limited A/c CHARITY	472,930	0.2332	%

Indirect - Brewin Nominees Limited A/c OFFBOND	358,365	0.1767	%

GRAND TOTAL	10,011,088	4.9370	%

SUB SHS

Indirect - Brewin Nominees (Channel Islands) Limited -	38,800	0.0191	%

Indirect - Brewin Nominees Limited A/c NOM	751,717	0.3707	%

Indirect - Brewin Nominees Limited A/c ISA	346,820	0.1710	%

Indirect - Brewin Nominees Limited A/c GROSS	191,700	0.0946	%

Indirect - Brewin Nominees Limited A/c CHARITY	115,900	0.0572	%

GRAND TOTAL	1,444,937	0.7126	%

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease
to hold:

12. Date on which proxy holder will cease to hold
voting rights:

13. Additional information:

Figures based on shares in issue of 202,775,000 (172,175,000 ORD GBP0.05 & 30,600,000 ORD GBP0.01 SUB SHS which covert into Ordinary class at a ratio of 1:1). Disclosure trigger due to individual horizontal aggregation on GB00B9XQV370 (SUB SHS). Percentage has decreased from 9.6758% to 4.7220% (disc quantity held 1,444,937/issued share capital 30,600,000*100=4.7220%)

The indirect voting rights under (9) relate to shares held in client portfolios, managed by those firms, under discretionary investment management agreements.

14. Contact name:

Mark Taylor

15. Contact telephone number:

0191 279 7332