Gresham House PLC Intertrust Employee - EBT Share Purchase
06/02/2023 17:42
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230206:nRSF0808Pa&default-theme=true
RNS Number : 0808P Gresham House PLC 06 February 2023
6 February 2023
Gresham House plc
("Gresham House" or the "Company")
EBT Share Purchase
The Company was notified on 3 February 2023 that Intertrust Employee Benefit
Trustee Limited, the trustee of the Gresham House Plc Employee Benefit
Trust (the "EBT"), had purchased 15,000 ordinary shares of 25p each in the
Company ("Ordinary Shares") at an average price of 757.5 pence per Ordinary
Share on 3 February 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, a total of 246,781 Ordinary Shares are held by the
EBT, representing approximately 0.64 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
Kelsey Traynor
+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
James Umbers
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)
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 (mailto:rns@lseg.com)
or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
. END MSCDQLFBXLLXBBK