Grant of Options

RNS Number : 8066O

Gresham Computing PLC

01 June 2015

 

1 June 2015

Gresham Computing plc
("Gresham" or the "Company")
Grant of Options 

Gresham, the leading software and services company that specialises in providing real-time financial transaction control software to the global matching and reconciliation market, announces the following:

Ian Manocha, Chief Executive Officer of Gresham, has today been granted options over 1,500,000 ordinary shares of 5 pence each in the Company under the Share Option Plans approved at the General Meeting of the Company held in December 2010, as subsequently amended with shareholder approval at General Meetings held in May 2012 and February 2015.  Subject to satisfaction of certain performance conditions, the exercise price for the options is £1.10572, which is the middle market price as at the close of business on 29^th May 2015, the last business day preceding the grant, plus a premium of 10%.  No consideration was paid for the grant of these options.  

Ian Manocha holds no other options over shares in the Company. 

- Ends -

For further information please contact:

Gresham Computing plc Rob Grubb, CFO Jonathan Cathie, Company Secretary	[phone]
N+1 Singer Shaun Dobson, Head of Corporate Finance Lauren Kettle	[phone]

 

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