AGM passes 13 resolutions and Polar Capital Technology Trust stock falls 1.53 percent
Published on 10/08/2026 at 13:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPolar Capital Technology Trust stock fell 1.53 percent to EUR 8.35 at Lang & Schwarz on October 8, 2026 at 1:13 p.m. CEST, while its annual meeting had passed all 13 resolutions on October 5, 2026. The meeting attracted votes representing 47.70 percent of issued share capital, according to TradingView.
Three milestones in twelve months
As of August 28, 2026, the trust's ordinary share price return was plus 41.38 percent, compared with plus 38.05 percent for net asset value and plus 23.49 percent for its technology benchmark, according to Polar Capital Technology Trust. The figures show that the share price had outperformed both the trust's NAV and benchmark over that period.
On September 28, 2026, the trust announced that Simon Crinage would become an independent non-executive director, chair of the Remuneration Committee and senior independent director from October 12, 2026. Investegate reported that Crinage held 10,000 shares at the announcement date.
What does the AGM change?
The AGM result gives the board authority to renew share allotment powers, disapply pre-emption rights, authorize ordinary-share buybacks and call general meetings on 14 clear days' notice. The buyback resolution received 524,172,871 votes in favor and 152,085 against, according to TradingView.
The investment trust had assets under management of GBP 7.8 billion and cash equal to 4.33 percent of assets on the key information page. Its portfolio held 95 positions as of August 28, 2026, with the 10 largest holdings accounting for 44.50 percent of net assets, according to Polar Capital Technology Trust.
Stock falls below its prior close
At Lang & Schwarz, the trust was trading at EUR 8.35 on October 8, 2026 at 1:13 p.m. CEST, down 1.53 percent versus the prior close of EUR 8.48 on October 7, 2026. The next dated company event is the October 12, 2026 appointment of Simon Crinage, while the trust's normal interim-results timing is mid-December.
The further course of trading is shown by the continuously updated real-time quote of Polar Capital Technology Trust stock.
Polar Capital Technology Trust facts
- Company: Polar Capital Technology Trust plc
- ISIN: GB00BR3YV268
- Ticker: PCT
- Primary exchange: London Stock Exchange
- Price Lang & Schwarz as of October 8, 2026 at 1:13 p.m. CEST: EUR 8.35
- Change versus prior close: minus 1.53 percent
- Prior close Lang & Schwarz October 7, 2026: EUR 8.48
- Assets under management: GBP 7.8 billion as of August 28, 2026
- Sector / Industry: Investment company / technology equities
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