Grant of Options

RNS Number : 8745H

Gresham Technologies PLC

15 March 2018

 

15 March 2018

Gresham Technologies plc

Grant of Options

Gresham Technologies plc (LSE: "GHT", "Gresham", the "Company" or the "Group"), the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions, announces that on 14 March 2018 it granted options over 200,000 ordinary shares in the capital of the Company (the "Options") to Tom Mullan, Chief Financial Officer of Gresham.

The Options, which are exercisable at a price of £2.2715 per ordinary share, have a ten-year life and vest on the third anniversary of their grant, subject to certain Group performance targets. The Options represent Tom's only holding of securities in the capital of the Company.

Enquiries

Gresham Technologies plc	[phone]
Ian Manocha
Tom Mullan
N+1 Singer (Joint Broker)	[phone]
Shaun Dobson
Lauren Kettle
Cantor Fitzgerald Europe (Joint Broker)	[phone]
Marc Milmo
Catherine Leftley

Note to editors

Gresham's award-winning Clareti software platform has been designed to provide financial institutions with complete certainty in their data processing. Clareti is a highly flexible and fully scalable platform for assuring enterprise data integrity and is designed to address today's most challenging financial control, internal risk management, data governance and regulatory compliance problems. Gresham's portfolio of applications based on the Clareti platform, including Clareti Transaction Control (CTC), Clareti Accounts Receivable Management (Clareti ARM), Clareti Loan Control (CLC) and Clareti 24 Integration Objects (C24 IO), provide innovative industry specific solutions for real-time data management.

Gresham Technologies plc is a leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions. Listed on the main market of the London Stock Exchange (GHT.L) and headquartered in the City of London, customers include some of the world's largest financial institutions, all of whom are served locally from offices located in Europe, North America and Asia Pacific.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Thomas Oliver 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	Grant of share options
c)	Price(s) and volume(s)	Price	Volume
		Exercise price of £2.2715	200,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	14 March 2018
f)	Place of the transaction	Off-market transaction

 

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