POLAR CAPITAL HOLDINGS PLC

Remuneration Information • Jul 18, 2025

National Storage Mechanism | Additional information

RNS Number : 7236R

Polar Capital Holdings PLC

18 July 2025

18 July 2025

Polar Capital Holdings plc ("Polar Capital" or the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibilities (PDMRs)

Grant of 2025 Long Term Incentive Plan Awards (LTIP)

Polar Capital announces the grant of conditional share awards over ordinary shares of 2.5 pence each in Polar Capital Holdings PLC ("Awards") on 16 July 2025 to the following Directors and PDMRs of the Company in accordance with the rules of the 2016 Executive Incentive Plan.

PDMR	Position	No. of shares under Award	Type of Award
Iain Evans	Global Head of Distribution	122,211	Executive
Samir Ayub	Chief Financial Officer	111,158	Executive
Alexander Black	Chief Investment Officer	122,211	Executive
Nicholas Farren	Chief Operating Officer	106,737	Executive
Mike Catlin	Chief Technology Officer	33,684	Senior Manager
Rachel Stynes	Head of Human Resources	29,474	Senior Manager
Tracey Lago	Group Company Secretary	29,474	Senior Manager
Boura Kym Tomlinson Cann	Chief Legal and Compliance Officer	42,105	Other

The terms of the LTIP awards detailed above provide for vesting on the first dealing day post the third anniversary of grant, subject to continued employment and various performance conditions as detailed below:

Executive Award

Subject to a two-year holding period post vesting

°     35% of each Award is subject to a performance condition requiring the Company's adjusted diluted total earnings per share to achieve a pre-set level for the financial year 2028 which is the end of three financial years commencing on 1 April 2025 (the 'Performance Period'). 

°     35% of each Award is subject to a performance condition relating to the performance of the Company's total shareholder return relative to the constituents of the FTSE 250 Index (excluding investment trusts) during the performance period.

°     10% of each Award is subject to a performance condition measured by reference to the cumulative net inflows to Polar Group funds from two key geographic locations during the performance period.

°     20% of each Award is subject to a performance condition measured by reference to strategic progress towards enhancing the investment proposition for the Company's investors during the performance period.

Senior Manager Award

75% shall be a performance share award (PSA) subject to a two-year holding period post vesting and performance conditions as detailed below:

°     45% of each PSA is subject to a performance condition requiring the Company's adjusted diluted total earnings per share to achieve a pre-set level for the financial year 2028 which is the end of three financial years commencing on 1 April 2025 (the 'Performance Period'). 

°     45% of each PSA is subject to a performance condition relating to the performance of the Company's total shareholder return relative to the constituents of the FTSE 250 Index (excluding investment trusts) during the performance period.

°     10% of each PSA is subject to a performance condition measured by reference to the cumulative net inflows to Polar Group funds from two key geographic locations during the performance period.

25% shall be a restricted share award (RSA) with no holding period or performance conditions.

Other Award

Designated as a restricted share award (RSA) with no holding period or performance conditions.

PDMR Transaction detail

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Iain Evans

2

Reason for Notification

a)

Position/status

Global Head of Distribution

b)

Initial notification/Amendment

Initial Announcement

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Polar Capital Holdings PLC

b)

LEI

549300OXX7YE1947B825

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 2.5 pence each in Polar Capital Holdings PLC

Identification code

GB00B1GCLT25

b)

Nature of the transaction

Grant of an award under the Company's 2016 Executive Incentive Plan as a conditional award. Awards may vest after 3 years subject to performance and continued service. Any vested shares will normally be subject to a holding period ending on the fifth anniversary of grant.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	122,211

d)

Aggregated information

-     Aggregated volume

-     Price

Not applicable - single transaction

475p per share

e)

Date of the transaction

16 July 2025

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Samir Ayub

2

Reason for Notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial Announcement

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Polar Capital Holdings PLC

b)

LEI

549300OXX7YE1947B825

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 2.5 pence each in Polar Capital Holdings PLC

Identification code

GB00B1GCLT25

b)

Nature of the transaction

Grant of an award under the Company's 2016 Executive Incentive Plan as a conditional award. Awards may vest after 3 years subject to performance and continued service. Any vested shares will normally be subject to a holding period ending on the fifth anniversary of grant.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	111,158

d)

Aggregated information

-     Aggregated volume

-     Price

Not applicable - single transaction

475p per share

e)

Date of the transaction

16 July 2025

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alexander Black

2

Reason for Notification

a)

Position/status

Chief Investment Officer

b)

Initial notification/Amendment

Initial Announcement

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Polar Capital Holdings PLC

b)

LEI

549300OXX7YE1947B825

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 2.5 pence each in Polar Capital Holdings PLC

Identification code

GB00B1GCLT25

b)

Nature of the transaction

Grant of an award under the Company's 2016 Executive Incentive Plan as a conditional award. Awards may vest after 3 years subject to performance and continued service. Any vested shares will normally be subject to a holding period ending on the fifth anniversary of grant.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	122,211

d)

Aggregated information

-     Aggregated volume

-     Price

Not applicable - single transaction

475p per share

e)

Date of the transaction

16 July 2025

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nicholas Farren

2

Reason for Notification

a)

Position/status

Chief Operating Officer

b)

Initial notification/Amendment

Initial Announcement

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Polar Capital Holdings PLC

b)

LEI

549300OXX7YE1947B825

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 2.5 pence each in Polar Capital Holdings PLC

Identification code

GB00B1GCLT25

b)

Nature of the transaction

Grant of an award under the Company's 2016 Executive Incentive Plan as a conditional award. Awards may vest after 3 years subject to performance and continued service. Any vested shares will normally be subject to a holding period ending on the fifth anniversary of grant.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	106,737

d)

Aggregated information

-     Aggregated volume

-     Price

Not applicable - single transaction

475p per share

e)

Date of the transaction

16 July 2025

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mike Catlin

2

Reason for Notification

a)

Position/status

Chief Technology Officer

b)

Initial notification/Amendment

Initial Announcement

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Polar Capital Holdings PLC

b)

LEI

549300OXX7YE1947B825

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 2.5 pence each in Polar Capital Holdings PLC

Identification code

GB00B1GCLT25

b)

Nature of the transaction

Grant of an award under the Company's 2016 Executive Incentive Plan as a conditional award. Awards may vest after 3 years; 75% of the award is subject to performance and continued service and any vested shares will be subject to a holding period ending on the fifth anniversary of grant, the remaining 25% is a restricted share award not subject to performance conditions or holding period but is subject to continued service.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	33,684

d)

Aggregated information

-     Aggregated volume

-     Price

Not applicable - single transaction

475p per share

e)

Date of the transaction

16 July 2025

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Rachel Stynes

2

Reason for Notification

a)

Position/status

Head of Human Resources

b)

Initial notification/Amendment

Initial Announcement

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Polar Capital Holdings PLC

b)

LEI

549300OXX7YE1947B825

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 2.5 pence each in Polar Capital Holdings PLC

Identification code

GB00B1GCLT25

b)

Nature of the transaction

Grant of an award under the Company's 2016 Executive Incentive Plan as a conditional award. Awards may vest after 3 years; 75% of the award is subject to performance and continued service and any vested shares will be subject to a holding period ending on the fifth anniversary of grant, the remaining 25% is a restricted share award not subject to performance conditions or holding period but is subject to continued service.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	29,474

d)

Aggregated information

-     Aggregated volume

-     Price

Not applicable - single transaction

475p per share

e)

Date of the transaction

16 July 2025

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Tracey Lago

2

Reason for Notification

a)

Position/status

Group Company Secretary

b)

Initial notification/Amendment

Initial Announcement

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Polar Capital Holdings PLC

b)

LEI

549300OXX7YE1947B825

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 2.5 pence each in Polar Capital Holdings PLC

Identification code

GB00B1GCLT25

b)

Nature of the transaction

Grant of an award under the Company's 2016 Executive Incentive Plan as a conditional award. Awards may vest after 3 years; 75% of the award is subject to performance and continued service and any vested shares will be subject to a holding period ending on the fifth anniversary of grant, the remaining 25% is a restricted share award not subject to performance conditions or holding period but is subject to continued service.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	29,474

d)

Aggregated information

-     Aggregated volume

-     Price

Not applicable - single transaction

475p per share

e)

Date of the transaction

16 July 2025

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Boura Kym Tomlinson Cann

2

Reason for Notification

a)

Position/status

Chief Legal and Compliance Officer

b)

Initial notification/Amendment

Initial Announcement

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Polar Capital Holdings PLC

b)

LEI

549300OXX7YE1947B825

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary Shares of 2.5 pence each in Polar Capital Holdings PLC

Identification code

GB00B1GCLT25

b)

Nature of the transaction

Grant of an award under the Company's 2016 Executive Incentive Plan as an Other Restricted Share award. Awards may vest after 3 years, is not subject to performance conditions or a holding period but is subject to continued service.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	42,105

d)

Aggregated information

-     Aggregated volume

-     Price

Not applicable - single transaction

475p per share

e)

Date of the transaction

16 July 2025

f)

Place of the transaction

Outside a trading venue

Enquiries:

Polar Capital Gavin Rochussen (Chief Executive Officer) Samir Ayub (Chief Financial Officer)	+44 (0)20 7227 2700
Deutsche Numis - Nomad and Joint Broker Giles Rolls Charles Farquhar	+44 (0)20 7260 1000
Peel Hunt LLP - Joint Broker Andrew Buchanan Oliver Jackson	+44 (0)20 3597 8680
Camarco - PR Ed Gascoigne-Pees Jennifer Renwick Phoebe Pugh	+44 (0)20 3757 4980

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