Director's Dealings

RNS Number : 1506R

Gresham Computing PLC

31 October 2011

 



Gresham Computing plc

Director's Dealings

Gresham Computing plc (the "Company") has received notification from Kestrel Opportunities, a cell of Guernsey Portfolios PCC Limited ("Kestrel Opportunities") that on 27 October 2011 it acquired 170,000 ordinary shares in the Company at a price of 50 pence per share.

Kestrel Partners LLP, which Max Royde (Non-executive Director of the Company) is a partner of and holds a beneficial interest in, is the investment manager to Kestrel Opportunities.  Mr Royde is also a shareholder in Kestrel Opportunities.

Following this transaction, Kestrel Opportunities holds 4,162,854 ordinary shares in the Company, which represents approximately 7.2 per cent of the Company's issued share capital.

For further information please contact:

Gresham Computing plc Chris Errington, CEO Ken Archer, Chairman Rob Grubb, CFO	[phone]
Singer Capital Markets Ltd Shaun Dobson, Partner and Head of Corporate Finance James Maxwell, Director of Corporate Finance	[phone]

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