Gresham House PLC EBT Share Purchase (0943W)
16 August 2022 - 04:00PM
UK Regulatory
TIDMGHE TIDMTTM
RNS Number : 0943W
Gresham House PLC
16 August 2022
16 August 2022
Gresham House plc
("Gresham House" or the "Company")
EBT Share Purchase
The Company was notified on 12 August 2022 that Intertrust
Employee Benefit Trustee Limited, the trustee of the Gresham House
Plc Employee Benefit Trust (the "EBT"), had purchased 5,000
ordinary shares of 25p each in the Company ("Ordinary Shares") at
an average price of 864.25 pence per Ordinary Share on 12 August
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 the
Company's 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 76,060 Ordinary Shares
are held by the EBT, representing approximately 0.20 per cent of
the Company's total voting rights.
- Ends -
For more information contact:
Gresham House plc +44 (0)20 3837
Kevin Acton, Chief Financial Officer 6270
gh@houston.co.uk
Houston - media and analysts +44 (0) 20 4
Kay Larsen 529 0549
Joe Burgess
Canaccord Genuity Limited - Nominated Adviser
and Joint Broker
Bobbie Hilliam +44 (0)20 7523
Georgina McCooke 8000
Jefferies International Limited - Joint Broker
and Financial Adviser
Paul Nicholls +44 (0)20 7029
Max Jones 8000
About Gresham House
Gresham House plc is an AIM quoted specialist asset manager
providing funds, direct investments and tailored investment
solutions, including co-investment across a range of highly
differentiated alternative investment strategies. Our expertise
includes timber, renewable energy, housing and infrastructure,
strategic public and private equity (private assets). The group
aims to deliver sustainable financial returns and is committed to
building long-term partnerships with clients (institutions, family
offices, high-net-worth individuals, charities and endowments and
private individuals) to help them achieve their financial
goals.
Shareholder value creation will be driven by long-term growth in
earnings as a result of increasing AUM and returns from invested
capital.
www.greshamhouse.com
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END
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