Business
Grant of Share Options
Grant of Share Options.
About this update from Polar Capital Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 7402I Polar Capital Holdings PLC 05 July 2013 \n \n\n \n5 July 2013\n \nPolar Capital Holdings plc \n \n(\"Polar Capital\" or the \"Company\")\n \nGrant of Options\n \nPolar Capital announces that on 4 July the Board approved the grant of options over Ordinary Shares of 2.5 pence each in the Company (\"Ordinary Shares\") to Mr Tim Woolley, Chief Executive Officer of the Company and to Mr John Mansell, Chief Financial Officer of the Company. The options were granted in respect of the Company's performance to 31 March 2013.\n \nMr Woolley was granted 500,000 options with an exercise price of 388 pence per Ordinary Share. These options become exercisable from 4 July 2017 and will expire on 4 July 2023. Following this grant, Mr Woolley holds 6,000,000 Ordinary Shares (representing approximately 7.25% of the current issued Ordinary Shares) and has options over 2,100,000 Ordinary Shares (representing approximately 2.53% of the current issued Ordinary Shares).\n \nMr Mansell was granted 350,000 options with an exercise price of 388 pence per Ordinary Share. These options become exercisable from 4 July 2017 and will expire on 4 July 2023. Following this grant, Mr Mansell holds beneficial and non-beneficial interests in 1,872,000 Ordinary Shares (representing approximately 2.26% of the current issued Ordinary Shares) and has options over 1,700,000 Ordinary Shares (representing approximately 2.05% of the current issued Ordinary Shares).\n \n \nFor further information, please contact:\n \n\n\n\n\nPolar Capital Holdings plc \n\n\n+44 (0)20 7227 2700\n\n\n\n\nTim Woolley, Chief Executive Officer\n\n\n\n\n\n\n\nJohn Mansell, Chief Financial Officer\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCanaccord Genuity Limited\n\n\n+44 (0)20 7523 8000\n\n\n\n\nSimon Bridges, Cameron Duncan\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nFTI Consulting \n\n\n+44 (0)20 7269 7132\n\n\n\n\nEd Gascoigne-Pees, Jack Hickey\n\n\n\n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END RDSUVASRONABRAR\n ","length":5598,"tagName":"div"}]