Gresham House PLC Completion of acquisition and Placing (9759I)
November 30 2018 - 1:00AM
UK Regulatory
TIDMGHE
RNS Number : 9759I
Gresham House PLC
30 November 2018
Gresham House plc
("Gresham House" or the "Group")
Completion of acquisition and Placing
Gresham House, (AIM: GHE) the specialist alternative asset
manager, is pleased to announce that further to its statement of 8
November, the acquisition of the fund and investment management
businesses of Livingbridge VC LLP has completed, together with the
associated Placing of 2,617,628 Ordinary Shares, (the "Placing
Shares") and allotment of 1,562,500 Ordinary Shares, (the
"Consideration Shares").
The Placing Shares and Consideration Shares have been admitted
to trading on the AIM market of the London Stock Exchange and
dealings will commence at 8.00 am today.
Following the issue of Placing Shares and Consideration Shares,
the Group's total issued share capital is 24,800,933. This figure
may be used by shareholders as the denominator for calculations to
determine if they are required to notify their interest in, (or a
change to their interest in) the Group, under the Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.
- Ends -
For more information contact:
Gresham House plc
Kevin Acton, CFO
John-Paul Preston, COO +44 (0)20 3837 6270
Canaccord Genuity - Nominated Adviser
and Joint Broker
Bobbie Hilliam
Michael Reynolds +44 (0)20 7523 8000
Jefferies International Limited - Joint
Broker
Paul Nicholls
Max Jones
Chris Binks +44 (0)20 7029 8000
Montfort Communications greshamhouse@montfort.london
Olly Scott +44 (0)78 1234 5205
Louis Supple +44 (0)20 3770 7914
About Gresham House
Gresham House plc is an AIM quoted specialist alternative asset
manager providing funds, direct investments and tailored investment
solutions, including co-investment across a range of highly
differentiated alternative investment strategies. Our expertise
includes strategic public and private equity (private assets),
forestry, renewable energy, housing and infrastructure. The Group
aims to deliver sustainable financial returns and is committed to
building long-term partnerships with clients, (institutions, family
offices, high-net-worth individuals, charities and endowments and
private individuals) to help them achieve their financial
goals.
Shareholder value creation will be driven by long-term growth in
earnings as a result of increasing AUM and returns from invested
capital.
www.greshamhouse.com
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END
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