REG - Gresham Technologies - Director Equity Awards

Gresham TechnologiesAnnouncement

05/04/2023 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230405:nRSE3936Va&default-theme=true

RNS Number : 3936V  Gresham Technologies PLC  05 April 2023

RNS

5 April 2023

Gresham Technologies plc

Director Equity Awards

Gresham Technologies plc (LSE: "GHT", "Gresham", "Group", "Company"), the
leading software and services company that specialises in providing solutions
for data integrity and control, banking integration, payments and cash
management, announces the following equity awards to the executive directors
of the Company, pursuant to the Company's annual bonus scheme and long-term
share incentive plan.

                    Bonus Shares  Share Matching Award*
 Ian Manocha (CEO)  25,588        197,185
 Tom Mullan (CFO)   15,431        118,919

* Maximum potential award. Actual values will be based on performance targets
over the following three financial years.

 

The acquisition of the Bonus Shares has been funded through a proportion of
the executive directors' respective bonus entitlement in respect of
the financial year ended 31 December 2022 and are beneficially held through
the Company's global nominee service. The corresponding Share Matching Award
entitles the executive directors to receive further ordinary shares ("Ordinary
Shares"), up to the maximum stated above, subject to (a) the executive
director's corresponding Bonus Shares being retained for three years; (b) the
achievement of certain performance targets over the following three financial
years; and (c) the executive director remaining with the business at the end
of the retention period.

Following the acquisition of the Bonus Shares, Ian Manocha is directly and
beneficially interested in a total of 161,640 Ordinary Shares of the Company,
equivalent to 0.19% of the Company's issued share capital and Tom Mullan is
directly and beneficially interested in a total of 63,669 ordinary shares of
the Company, equivalent to 0.08% of the Company's issued share capital.

 

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 / Matthew Young

 

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.

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Ian Manocha
 2    Reason for the notification
 a)   Position/status                                              Chief Executive Officer
 b)   Initial notification /Amendment                              Initial
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Gresham Technologies plc
 b)   LEI                                                          213800F71LW7L4Y7QL29
 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary shares of 5 pence each

      Identification code                                          GB0008808825

 b)   Nature of the transaction                                    Purchase
 c)   Price(s) and volume(s)                                       Price                        Volume

      159p                                                                                      25,588
 d)   Aggregated information

      - Aggregated volume                                          n/a - single transaction

      - Price
 e)   Date of the transaction                                      31 March 2023
 f)   Place of the transaction                                     London Stock Exchange

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Tom Mullan
 2    Reason for the notification
 a)   Position/status                                              Chief Financial Officer
 b)   Initial notification /Amendment                              Initial
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Gresham Technologies plc
 b)   LEI                                                          213800F71LW7L4Y7QL29
 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary shares of 5 pence each

      Identification code

                                                                   GB0008808825
 b)   Nature of the transaction                                    Purchase
 c)   Price(s) and volume(s)                                       Price                        Volume

      159p                                                                                      15,431
 d)   Aggregated information

      - Aggregated volume                                          n/a - single transaction

      - Price
 e)   Date of the transaction                                      31 March 2023
 f)   Place of the transaction                                     London Stock Exchange

 

 

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  DSHNKQBNKBKBNQK