Exercise of Options and Issue of Shares to EBT

RNS Number : 5389U

Gresham Technologies PLC

29 March 2023

 

RNS

29 March 2023

Gresham Technologies plc

Exercise of Options & Issue of Shares to EBT

Gresham Technologies plc (LSE: "GHT", "Gresham" or the "Company") announces that it has issued, conditional on admission, 195,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares"), of which 55,000 have been issued pursuant to the exercise of share options by certain of its employees and the remaining 140,000 have been issued at par value pursuant to a subscription by the Company's Employee Benefit Trust to satisfy share awards granted to employees under the Company's Annual Bonus and Deferred Share Bonus Plan.

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 31 March 2023.

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 83,644,458 Ordinary Shares with voting rights in issue. The Company currently holds no shares in treasury.

The above figure of 83,644,458 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	[phone]
Ian Manocha / Tom Mullan
Singer Capital Markets (Financial Adviser and Broker)	[phone]
Shaun Dobson / Tom Salvesen / Jen Boorer
Alma PR	[phone]
Josh Royston / Hilary Buchanan / Matthew Young

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.

 

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