REG - Gresham House PLC Intertrust Employee - EBT Share Purchase

Gresham HouseAnnouncement

22/05/2023 15:45

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RNS Number : 2408A  Gresham House PLC  22 May 2023

22 May 2023

Gresham House plc

("Gresham House" or the "Company")

EBT Share Purchase

The Company was notified on 22 May 2023 that Intertrust Employee Benefit
Trustee Limited, the trustee of the Gresham House Plc Employee Benefit
Trust (the "EBT"), had purchased 60,000 ordinary shares of 25p each in the
Company ("Ordinary Shares") at an average price of 792 pence per Ordinary
Share on 19 May 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 and the settlement by the EBT of an in-flight
exercise of share options by an employee over 1,692 Ordinary Shares, a total
of 516,589 Ordinary Shares will be held by the EBT, representing approximately
1.35 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 £8
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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