Gresham Computing PLC Completion of Acquisition (0487M)
October 10 2016 - 1:00AM
UK Regulatory
TIDMGHT
RNS Number : 0487M
Gresham Computing PLC
10 October 2016
10 October 2016
Gresham Computing plc
Completion of Acquisition of C24 Technologies Ltd
Further to its announcements made on 4 October 2016 regarding
the acquisition of C24 Technologies Ltd ("Acquisition") and the
associated placing of 3,163,540 new ordinary shares ("Placing
Shares"), Gresham Computing plc (LSE: "GHT", "Gresham", "Company"
or the "Group"), the leading software and services company that
specialises in providing real-time transaction control and
enterprise data integrity solutions, is pleased to confirm that the
Placing Shares have been issued and the Acquisition will complete
today at 8 a.m. upon admission of the Placing Shares to trading on
the Main Market of the London Stock Exchange and to listing on the
Official List of the UKLA.
Following the issue of the Placing Shares, which rank pari passu
with all existing ordinary shares of the Company, the Company has a
total of 66,684,518 ordinary shares with voting rights in issue.
The Company currently holds no shares in treasury.
The above figure of 66,684,518 may be used by shareholders as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to
their interest in the Company under the FCA's Disclosure and
Transparency Rules.
Enquiries
Gresham Computing plc
Ian Manocha +44 (0) 20 7653 0200
Rob Grubb
N+1 Singer (Financial Advisor and Broker)
Nic Hellyer +44 (0) 20 7496 3000
Lauren Kettle
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) and Clareti
Accounts Receivable Management (Clareti ARM), provide innovative
industry and domain specific solutions for real-time data
management based on business-driven controls.
Gresham Computing 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.
This information is provided by RNS
The company news service from the London Stock Exchange
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