Gresham House PLC EBT Share Purchase (2408A)
May 22 2023 - 9:36AM
UK Regulatory
TIDMGHE TIDMTTM
RNS Number : 2408A
Gresham House PLC
22 May 2023
22 May 2023
Gresham House plc
("Gresham House" or the "Company")
EBT Share Purchase
The Company was notified on 22 May 2023 that Intertrust Employee
Benefit Trustee Limited, the trustee of the Gresham House Plc
Employee Benefit Trust (the "EBT"), had purchased 60,000 ordinary
shares of 25p each in the Company ("Ordinary Shares") at an average
price of 792 pence per Ordinary Share on 19 May 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 and the settlement by the EBT of an
in-flight exercise of share options by an employee over 1,692
Ordinary Shares, a total of 516,589 Ordinary Shares will be held by
the EBT, representing approximately 1.35 per cent of the Company's
total voting rights.
- Ends -
For more information contact:
Gresham House plc +44 (0)20 3837
Kevin Acton, Chief Financial Officer 6270
gh@houston.co.uk
Houston - media and analysts +44 (0) 20 4 529
Kay Larsen 0549
Kelsey Traynor
Canaccord Genuity Limited - Nominated Adviser
and Joint Broker
Bobbie Hilliam +44 (0)20 7523
Harry Pardoe 8000
Jefferies International Limited - Joint Broker
and Financial Adviser
Paul Nicholls +44 (0)20 7029
James Umbers 8000
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 GBP8 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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCZLLFLXELXBBF
(END) Dow Jones Newswires
May 22, 2023 10:36 ET (14:36 GMT)
Gresham House (LSE:GHE)
Historical Stock Chart
From Apr 2024 to May 2024
Gresham House (LSE:GHE)
Historical Stock Chart
From May 2023 to May 2024