RNS
4 June 2024
Gresham Technologies plc
Issue of Shares & Employee
Equity Awards
Gresham Technologies plc (LSE:
"GHT", "Gresham", "Group", "Company"), the leading software and
services company that specialises in providing solutions for data
integrity and control, banking integration, payments and cash
management, announces that it has issued,
conditional on admission, 218,054 ordinary shares of 5
pence each in the Company ("Ordinary Shares")
in respect of equity
awards to certain employees and executive directors of the Company
(together, "Employees"), pursuant to the
Company's annual bonus scheme in relation to FY23
performance.
The Bonus Shares were subscribed for
at a price of 163 pence per Ordinary
Share which has been funded through a
proportion of the Employees' respective bonus entitlement in
respect of FY23 and are beneficially held through the Company's global nominee
service.
Details of Ordinary Shares issued to
executive directors are set out in the table below:
|
Bonus
Shares
|
Direct and Beneficial
Interest (#)
|
Direct and Beneficial
Interest (%)
|
Ian Manocha (CEO)
|
13,639
|
180,279
|
0.21%
|
Tom Mullan (CFO)
|
8,277
|
84,331
|
0.10%
|
Application will be made for the
admission to trading of the new Ordinary Shares on the Main Market
of the London Stock Exchange and to listing on the
Official List, with dealings expected to commence at 8
a.m. on or around 6 June 2024.
Following the issue of the new
Ordinary Shares, which will rank pari passu with all existing
Ordinary Shares, the Company will have a total of 84,092,512
Ordinary Shares with voting rights in issue. The Company currently
holds no shares in treasury.
The above figure of 84,092,512 may
be used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their
interest in, or a change to their interest in the Company under
the FCA's Disclosure and Transparency Rules.
Enquiries
Gresham Technologies plc
|
+44 (0) 207 653 0200
|
Ian Manocha / Tom
Mullan
|
|
|
|
|
|
Singer Capital Markets (Financial Adviser and
Broker)
|
+44 (0) 207 496 3000
|
Shaun Dobson / Jen Boorer
|
|
|
|
Alma Strategic Communications
|
+44 (0) 203 405 0205
|
Hilary Buchanan / Will Ellis
Hancock
|
|
Inside information
The information contained within
this announcement is deemed by the Company to constitute inside
information as stipulated under the Market Abuse Regulation (EU)
No. 596/2014 ("MAR"). Upon the publication of this announcement via
a Regulatory Information Service ("RIS"), this inside information
is now considered to be in the public domain.
Rule 26.1 Disclosure
In accordance with Rule 26.1 of the
City Code on Takeovers and Mergers, a copy of this announcement
will be available on the investor section of the Company's website
at https://www.greshamtech.com/invest-in-us by no later than 12
noon (London time) on the business day immediately following the
date of this announcement. The content of the website
referred to in this announcement is not incorporated into and does
not form part of this announcement.
Note to editors
Gresham Technologies plc is a
leading software and services company that specialises in providing
real-time solutions for data integrity and control, banking
integration, payments and cash management. Listed on the main
market of the London Stock Exchange (GHT.L) and headquartered in
the City of London, its customers include some of the world's
largest financial institutions and corporates, all of whom are
served locally from offices located in the UK, Europe, North
America and Asia Pacific.
Gresham's award-winning Clareti
software platform is a highly flexible and scalable platform,
available on-site or in the cloud, designed to address today's most
challenging financial control, risk management, data governance and
regulatory compliance problems. Learn more at
www.greshamtech.com.
1
|
Details of the person discharging
managerial responsibilities / person closely associated
|
a)
|
Name
|
Ian Manocha
|
2
|
Reason for the
notification
|
a)
|
Position/status
|
Chief Executive Officer
|
b)
|
Initial notification
/Amendment
|
Initial
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
a)
|
Name
|
Gresham Technologies plc
|
b)
|
LEI
|
213800F71LW7L4Y7QL29
|
4
|
Details of the transaction(s):
section to be repeated for (i) each type of instrument; (ii) each
type of transaction; (iii) each date; and (iv) each place where
transactions have been conducted
|
a)
|
Description of the financial
instrument, type of instrument
Identification code
|
Ordinary shares of 5 pence
each
GB0008808825
|
b)
|
Nature of the transaction
|
Issue of
shares to satisfy FY23 annual bonus
|
c)
|
Price(s) and volume(s)
|
Price
|
Volume
|
163
pence
|
13,639
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a - single transaction
|
e)
|
Date of the transaction
|
31 May 2024
|
f)
|
Place of the transaction
|
Off Market Transaction
|
1
|
Details of the person discharging
managerial responsibilities / person closely associated
|
a)
|
Name
|
Tom Mullan
|
2
|
Reason for the
notification
|
a)
|
Position/status
|
Chief Financial Officer
|
b)
|
Initial notification
/Amendment
|
Initial
|
3
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
a)
|
Name
|
Gresham Technologies plc
|
b)
|
LEI
|
213800F71LW7L4Y7QL29
|
4
|
Details of the transaction(s):
section to be repeated for (i) each type of instrument; (ii) each
type of transaction; (iii) each date; and (iv) each place where
transactions have been conducted
|
a)
|
Description of the financial
instrument, type of instrument
Identification code
|
Ordinary shares of 5 pence
each
GB0008808825
|
b)
|
Nature of the transaction
|
Issue of
shares to satisfy FY23 annual bonus
|
c)
|
Price(s) and volume(s)
|
Price
|
Volume
|
163
pence
|
8,277
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
n/a - single transaction
|
e)
|
Date of the transaction
|
31 May 2024
|
f)
|
Place of the transaction
|
Off Market Transaction
|