TIDMGHE TIDMTTM

RNS Number : 8858M

Gresham House PLC

16 January 2023

16 January 2023

Gresham House plc

("Gresham House" or the "Company")

EBT Share Purchase

The Company was notified on 13 January 2023 that Intertrust Employee Benefit Trustee Limited, the trustee of the Gresham House Plc Employee Benefit Trust (the "EBT"), had purchased 10,000 ordinary shares of 25p each in the Company ("Ordinary Shares") at an average price of 762 pence per Ordinary Share on 13 January 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 of exercises of share options by employees over 25,229 Ordinary Shares, a total of 206,781 Ordinary Shares are held by the EBT, representing approximately 0.54 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 4 529 
   Kay Larsen                                         0549 
   Alex Clelland 
 
   Canaccord Genuity Limited - Nominated Adviser 
   and Joint Broker 
   Bobbie Hilliam                                    +44 (0)20 7523 
   Harry Pardoe                                       8000 
 
   Jefferies International Limited - Joint Broker 
   and Financial Adviser 
   Paul Nicholls                                     +44 (0)20 7029 
   Max Jones                                          8000 
 

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.GBP7.5 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

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 or visit 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.

END

MSCQQLFFXFLZBBQ

(END) Dow Jones Newswires

January 16, 2023 11:50 ET (16:50 GMT)

Gresham House (LSE:GHE)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Gresham House Charts.
Gresham House (LSE:GHE)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Gresham House Charts.