Polar Capital’s Director Executes In-Specie Share Transfer

The latest update is out from Polar Capital Holdings ( (GB:POLR) ).

Polar Capital Holdings PLC announced an in-specie transfer of one million shares beneficially owned by Director Gavin Rochussen. The shares were transferred from Amigona Holdings Inc to The Gani (IOM) Trust, with Rochussen’s total beneficial interest in the company remaining unchanged at approximately 1.87% of the company’s issued share capital. This transaction does not affect Rochussen’s overall stake in the company, indicating a strategic reallocation of assets rather than a change in ownership or control.

More about Polar Capital Holdings

Polar Capital Holdings PLC is a company operating in the financial services industry, primarily focusing on asset management. The company offers a range of investment products and services, catering to various market segments and investors.

YTD Price Performance: -12.80%

Average Trading Volume: 161,047

Technical Sentiment Signal: Buy

Current Market Cap: £416.8M

See more insights into POLR stock on TipRanks’ Stock Analysis page.