Director dealings: Polar Capital co-founder makes share sale

Polar Capital revealed on Tuesday that non-executive director Brian Ashford-Russel had disposed of 25,000 ordinary shares in the AIM-listed asset manager.

Ashford-Russel, who co-founded Polar Capital, sold the shares at an average price of 900.0p each, for a total value of £225,000.

Earlier in June, Polar Capital said assets under management totalled £22.8bn as of 30 June, compared to £20.9bn at the end of March, an increase of 9% over the quarter.

As of 1630 BST, Polar Capital shares were down 0.11% at 891.0p.

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Top Director Sells

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Director name: Ashford-Russell,Brian J D
Amount sold: 25,000 @ 900.00p
Value: £225,000.00