Gresham Technologies PLC Director equity awards (5810U)
07 April 2021 - 4:00PM
UK Regulatory
TIDMGHT
RNS Number : 5810U
Gresham Technologies PLC
07 April 2021
RNS
7 April 2021
Gresham Technologies plc
Director equity awards
Gresham Technologies plc (LSE: "GHT", "Gresham", "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) 18,149 137,937
Tom Mullan (CFO) 11,112 84,456
* 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 FY20 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, 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 106,834 ordinary
shares of the Company, equivalent to 0.15% of the Company's issued
share capital and Tom Mullan is directly and beneficially
interested in a total of 30,938 ordinary shares of the Company,
equivalent to 0.04% of the Company's issued share capital.
Enquiries
+44 (0) 207 653
Gresham Technologies plc 0200
Ian Manocha
Tom Mullan
+44 (0) 207 496
N+1 Singer (Financial Adviser and Broker) 3000
Shaun Dobson / Jen Boorer / Iqra Amin (Corporate
Finance)
Tom Salvesen (Corporate Broking)
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 Initial
/Amendment
-------------------------------------------- ----------------------------------
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 Ordinary shares of 5 pence each
financial instrument,
type of instrument
GB0008808825
Identification code
-------------------------------------------- ----------------------------------
b) Nature of the transaction Purchase
-------------------------------------------- ----------------------------------
c) Price(s) and volume(s) Price Volume
-------------------------------------------- ---------------- ----------------
162.1p 18,149
------------------------------------------------- ---------------- ----------------
d) Aggregated information
- Aggregated volume n/a - single transaction
- Price
-------------------------------------------- ----------------------------------
e) Date of the transaction 31 March 2021
-------------------------------------------- ----------------------------------
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 Initial
/Amendment
-------------------------------------------- ----------------------------------
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 Ordinary shares of 5 pence each
financial instrument,
type of instrument
GB0008808825
Identification code
-------------------------------------------- ----------------------------------
b) Nature of the transaction Purchase
-------------------------------------------- ----------------------------------
c) Price(s) and volume(s) Price Volume
-------------------------------------------- ---------------- ----------------
162.1p 11,112
------------------------------------------------- ---------------- ----------------
d) Aggregated information
- Aggregated volume n/a - single transaction
- Price
-------------------------------------------- ----------------------------------
e) Date of the transaction 31 March 2021
-------------------------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange
-------------------------------------------- ----------------------------------
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END
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