Polar Capital Technology Trust PLC — Net Asset Value 2014

Feb 20, 2014

National Storage Mechanism | Additional information

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RNS Number : 5630A

Polar Capital Technology Trust PLC

20 February 2014

POLAR CAPITAL TECHNOLOGY TRUST PLC

20th February 2014

Undiluted

As at close of business on 19th February 2014 the unaudited net asset value per share, calculated in accordance with the AIC formula (including current year deficit and based on bid market values) was 488.44p.

Diluted

As at close of business on 19th February 2014 the unaudited net asset value, calculated in accordance with the guidelines of the Association of Investment Companies, was 486.77p.

Polar Capital Technology Trust plc can earn a performance fee which would be payable at the year end, as a result of outperformance over the benchmark index, if the NAV per share (after adjusting for share buy backs and issuance and any accrual for the performance fee) exceeds the benchmark-adjusted high water mark.

The high water mark is the higher of the benchmark-adjusted NAV per share when the last performance fee was paid or the benchmark-adjusted NAV per share at the previous year end.

The current benchmark-adjusted high water mark is 481.31p.

The performance fee, if payable, will be accrued daily

- ENDS -

For further information, please call:

Tom Astor

Investment Trust Operations Department

Polar Capital Partners Limited

Tel: 020 7227 2780

www.polarcapitaltechnologytrust.co.uk 

This information is provided by RNS

The company news service from the London Stock Exchange

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