Gresham House PLC Intertrust Employee - EBT Share Purchase
29/11/2022 09:31
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RNS Number : 9192H Gresham House PLC 29 November 2022
29 November 2022
Gresham House plc
("Gresham House" or the "Company")
EBT Share Purchase
The Company was notified on 25 November 2022 that Intertrust Employee Benefit
Trustee Limited, the trustee of the Gresham House Plc Employee Benefit
Trust (the "EBT"), had purchased 4,950 ordinary shares of 25p each in the
Company ("Ordinary Shares") at an average price of 730 pence per Ordinary
Share on 25 November 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 197,010 Ordinary Shares are held by the
EBT, representing approximately 0.51 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
Alex Clelland
+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 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
c.£7.5 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 (http://www.greshamhouse.com)
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