REG - Gresham Tech - AGM Statement

Gresham TechnologiesAnnouncement

10/05/2022 07:00

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RNS Number : 8516K  Gresham Technologies PLC  10 May 2022

10 May 2022

Gresham Technologies plc

AGM Statement

Gresham Technologies plc (LSE: "GHT", "Gresham", "Company" or the "Group"),
the leading software and services company that specialises in providing
solutions for data integrity and control, banking integration, payments and
cash management, will hold its Annual General Meeting at 11.00 a.m. today at
the offices of Singer Capital Markets at 1 Bartholomew Lane, London EC2N 2AX.

At the meeting, the following statement will be made by Gresham's Chairman,
Peter Simmonds, on behalf of the Company:

"I am pleased to report that the Company has made a positive start to the year
with a number of encouraging Clareti orders from existing and new clients
across the Group, including the recently announced £6.3m subscription
agreement with an existing Tier 1 bank customer which highlights our ability
to land and expand within our largest accounts. The acquired Electra business,
which is now an integral part of the Group, is also performing well.

Greater regulation, compliance and Board oversight of risk management all
continue to drive demand for our control and automation solutions in financial
services as evidenced by the pleasing growth in our pipeline. This, combined
with a strong financial position and our ongoing investment in the Group's
resources, underpins the Board's confidence in our ability to continue to
deliver profitable organic growth in line with plans.

We look forward to reporting further progress in the second quarter and will
provide an update at the time of our interim results in July 2022."

 

Enquiries

 

 Gresham Technologies plc                               +44 (0) 207 653 0200
 Ian Manocha / Tom Mullan

 Singer Capital Markets (Financial Adviser and Broker)  +44 (0) 207 496 3000
 Shaun Dobson / Tom Salvesen / Jen Boorer

 Alma PR                                                +44 (0) 203 405 0205
 Josh Royston / Hilary Buchanan / Hannah Campbell

 

Inside information

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 ("MAR").  Upon the publication of this announcement via a
Regulatory Information Service ("RIS"), this inside information is now
considered to be in the public domain.

 

Note to editors

Gresham Technologies plc is a leading software and services company that
specialises in providing real-time solutions for data integrity and control,
banking integration, payments and cash management. Listed on the main market
of the London Stock Exchange (GHT.L) and headquartered in the City of London,
its customers include some of the world's largest financial institutions and
corporates, all of whom are served locally from offices located in the UK,
Europe, North America and Asia Pacific.

 

Gresham's award-winning Clareti software platform is a highly flexible and
scalable platform, available on-site or in the cloud, designed to address
today's most challenging financial control, risk management, data governance
and regulatory compliance problems. Learn more at www.greshamtech.com.

 

 

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