Polar Capital Tech Trust sees first-half growth amid tough market
12th Dec 2019 10:07
(Sharecast News) - Polar Capital Technology Trust reported a 2% improvement in its total net assets in its half-year results on Thursday, to £1.97bn.
Read morePolar Capital Holdings appoints new CEO
19th Jan 2017 08:54
(ShareCast News) - Polar Capital Holdings, an investment management boutique, announced the prospective appointment of Gavin Rochussen as its new chief executive. Rochussen will succeed Tim Woolley in July 2017, after which his predecessor will move to a non-executive position. Previous to the a
Read morePolar Capital outperforms benchmark at half-year stage
16th Dec 2016 07:56
(ShareCast News) - Polar Capital Technology Trust reported a 41.2% increase in net assets to £1.13bn at the half-year stage. The share price on the other hand rose 40.5% during the six-month span to 31 October, which meant the discount on the shares versus the company's net asset value widened from
Read morePolar Capital Technology reports on 'frustrating' year
5th Jul 2016 08:19
(ShareCast News) - Investment trust Polar Capital Technology published a set of lacklustre preliminary results on Tuesday, with its chairman describing the 12 months to the end of April as "frustrating". The FTSE 250 firm's total net assets stood at £801.3m on 30 April, a 1% improvement on a year ag
Read morePolar Capital sees asset growth despite China slowdown
8th Dec 2015 07:13
(ShareCast News) - Positivity was still ringing at Polar Capital Technology Trust on Tuesday morning, although returns were down markedly. In its half year report, the FTSE 250-listed investment firm showed total unaudited return for the six months to 31 October of £11.63m. That was down markedly on
Read morePolar Capital Technology assets rise 30.7%
3rd Jul 2015 07:24
Polar Capital Technology has recorded a 30.7% rise in its total net assets, according to final results published on Friday. The investment trust's earnings per share came in at 140.84p, well up from 45.17p, off a total net profit of £180m up from £58m the year prior. "Our total return performance c
Read moreCineworld's newest board members stock up
25th Apr 2014 16:00
Mooky Greidinger, who took over as Chief Executive Officer (CEO) of Cineworld just two months ago, on Friday acquired 48,090 shares in the group. He paid 302.63p a share spending a total of £145,535. Chief Operating Officer, Israel Greidinger, matched his purchase with his own. Both joined the
Read morePace CEO trades in 50,000 shares
15th Apr 2014 14:42
Mike Pulli, the Chief Executive Officer of Pace has disposed of 50,000 shares, although it said the transaction was carried out to cover tax liabilities in the US. The disposal generated just over £199,000, having traded in the shares at 398.10p. He reduced his beneficial holding in the company
Read moreLondon midday: Tech and airline stocks drag UK markets lower
11th Apr 2014 11:30
- Tech, internet stocks weigh on markets - Nasdaq sees sharpest fall since late 2011 - JPMorgan, Wells Fargo in focus this afternoon - Airlines sold off after Heathrow traffic stats techMARK 2,668.68 -1.87% FTSE 100 6,563.60 -1.18% FTSE 250 15,888.60 -1.61% UK stocks fell over one per cent on Frid
Read moreLondon open: Tech stocks drag UK markets lower after Nasdaq sell-off
11th Apr 2014 08:35
- US, Asian weakness flows into UK stocks - Tech stocks hit hard in early trading - Supermarkets edge higher early on techMARK 2,679.00 -1.49% FTSE 100 6,594.42 -0.72% FTSE 250 15,946.60 -1.25% There were just a handful of risers on the FTSE 100 on Friday morning as stocks dropped sharply, trackin
Read moreDebenhams CEO adds 100,000 shares as margins disappoint
8th Jan 2013 15:56
Michael Sharp, the Chief Executive of retail giant Debenhams, purchased 100,000 shares on Tuesday, the same day the company reported a strong end to 2012, including record levels of sales in December, but warned heavy discounting had hit margins. Sharp, who was appointed to the role in September 2
Read morePolar Cap Tech posts modest shortfall in performance
10th Dec 2012 07:08
The relative performance of specialist investment management company Polar Capital Technology Trust fell slightly short of the benchmark with the net asset value per share falling 5.6 per cent in the six months to October 31st 2012. In the FTSE 250-listed company's half yearly results, published o
Read morePolar Cap Tech upbeat despite 'wall of worry'
13th Dec 2011 08:52
Technology-focused trust Polar Capital said it remained confident in future returns from equities, despite the world facing a 'wall of worry'. The firm posted a 5% fall in net asset value to 350.48p in the six months to the end of October. Total net assets fell 4.5% to £447.67m. "The marked underp
Read morePolar Capital looks to new tech cycle
13th Dec 2010 15:08
Tech-focused trust Polar Capital will continue to focus on the small to medium cap end of the market as it believes a new tech cycle is just getting underway. The trust, which posted a 5.7% increase in NAV to 333p in the half year to October, said that this could explain the recent burst of M&A dea
Read morePolar Capital Technology FY Pretax Profit GBP124.7M
11th Jun 2010 07:51
LONDON (Dow Jones)--Polar Capital Technology Trust PLC (PCT.LN) said Friday that for the year ended April 30, it made a pretax profit of GBP124.7 million on a total income of GBP129.2 million. MAIN FACTS: -NAV per share rose by 45.4%, outperforming the Dow Jones World Technology Index's rise
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