EBT Share Purchase

RNS Number : 2238V

Gresham House PLC

03 April 2023

 

3 April 2023

Gresham House plc

("Gresham House" or the "Company")

EBT Share Purchase

The Company was notified on 31 March 2023 that Intertrust Employee Benefit Trustee Limited, the trustee of the Gresham House Plc Employee Benefit Trust (the "EBT"), had purchased 24,500 ordinary shares of 25p each in the Company ("Ordinary Shares") at an average price of 700 pence per Ordinary Share on 31 March 2023. These Ordinary Shares are to be held in the EBT and are intended to be used to satisfy the exercise of share options by employees. The EBT is a discretionary trust for the benefit of the Company's employees, including the Directors of the Company. The purchase of Ordinary Shares by the EBT has been funded by a loan provided by the Company from its existing cash resources.

Following this transaction, a total of 281,281 Ordinary Shares are held by the EBT, representing approximately 0.73 per cent of the Company's total voting rights.

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For more information contact:
Gresham House plc      Kevin Acton, Chief Financial Officer	[phone]
Houston - media and analysts      Kay Larsen Kelsey Traynor	[e-mail]  [phone]
Canaccord Genuity Limited - Nominated Adviser and Joint Broker      Bobbie Hilliam  Harry Pardoe	[phone]
Jefferies International Limited - Joint Broker and Financial Adviser  Paul Nicholls  James Umbers	[phone]

About Gresham House

Gresham House is a specialist alternative asset management group, dedicated to sustainable investments across a range of strategies, with expertise across forestry, housing, sustainable infrastructure, renewable energy and battery storage, public and private equity.

Our origins stretch back to 1857, while our focus is on the future and the long term. Quoted on the London Stock Exchange (GHE:LN) we actively manage c.£7.5 billion of assets on behalf of institutions, family offices, charities and endowments, private individuals, and their advisers. We act responsibly within a culture of empowerment that encourages individual flair and entrepreneurial thinking.

As a signatory to the UN-supported Principles for Responsible Investment, we are committed to operating responsibly and sustainably. We believe taking the long view in delivering sustainable investment solutions will continue to be a growing factor in the strength of our market positioning. 

www.greshamhouse.com

 

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