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Gresham House PLC Intertrust Employee - EBT Share Purchase

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RNS Number : 4853U  Gresham House PLC  01 August 2022

1 August 2022

Gresham House plc

("Gresham House" or the "Company")

EBT Share Purchase

The Company was notified on 29 July 2022 by Intertrust Employee Benefit
Trustee Limited, the trustee of the Gresham House Plc Employee Benefit
Trust (the "EBT"), that the EBT had purchased 5,000 ordinary shares of 25p
each in the Company ("Ordinary Shares") at an average price 900 pence per
Ordinary Share on 29 July 2022. 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 from the Company's existing cash resources.

Following this transaction, a total of 71,060 Ordinary Shares are held by the
EBT, representing approximately 0.19 per cent of the Company's total voting
rights.

- Ends -

 

 For more information contact:
                                                                          +44 (0)20 3837 6270

 Gresham House plc

 Kevin Acton, Chief Financial Officer
                                                                          gh@houston.co.uk

 Houston - media and analysts                                             +44 (0) 20 4 529 0549

 Kay Larsen

 Joe Burgess
                                                                          +44 (0)20 7523 8000

 Canaccord Genuity Limited - Nominated Adviser and Joint Broker

 Bobbie Hilliam

 Georgina McCooke
                                                                          +44 (0)20 7029 8000

 Jefferies International Limited - Joint Broker and Financial Adviser

 Paul Nicholls

 Max Jones

 

 About Gresham House

Gresham House plc is an AIM quoted specialist 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 timber, renewable energy, housing and infrastructure,
strategic public and private equity (private assets). 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 (http://www.greshamhouse.com/)

 

 

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