Gresham House PLC Intertrust Employee - EBT Share Purchase
17/10/2022 17:07
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RNS Number : 1633D Gresham House PLC 17 October 2022
17(th) October 2022
Gresham House plc
("Gresham House" or the "Company")
EBT Share Purchase
The Company was notified on 14(th) October 2022 that Intertrust Employee
Benefit Trustee Limited, the trustee of the Gresham House Plc Employee
Benefit Trust (the "EBT"), had purchased 35,000 ordinary shares of 25p each in
the Company ("Ordinary Shares") at an average price of 756 pence per Ordinary
Share on 14 October 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 by a loan provided by the Company from its existing cash
resources.
Following this transaction, a total of 164,560 Ordinary Shares are held by the
EBT, representing approximately 0.43 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
Harry Pardoe
+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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