TIDMGHT

RNS Number : 4044U

Gresham Technologies PLC

29 March 2019

29 March 2019

Gresham Technologies plc

Grant of Options

Gresham Technologies plc (LSE: "GHT", "Gresham", the "Company" or the "Group") announces that on 28 March 2019, it granted options over 100,000 ordinary shares in the capital of the Company (the "Options") to Tom Mullan, Chief Financial Officer of Gresham.

The Options, which are exercisable at a price of GBP0.97196 per ordinary share, have a ten-year life and vest on the third anniversary of their grant, subject to certain Group performance targets. Following the grant of the Options, Tom Mullan holds a total of 300,000 share options.

Enquiries

 
                                                    +44 (0) 207 653 
  Gresham Technologies plc                            0200 
  Ian Manocha 
  Tom Mullan 
 
                                                     +44 (0) 207 496 
  N+1 Singer (Joint Broker)                           3000 
  Shaun Dobson / Lauren Kettle (Corporate Finance) 
  Tom Salvesen (Corporate Broking) 
 
                                                     +44 (0) 207 894 
  Cantor Fitzgerald Europe (Joint Broker)             7000 
  Philip Davies / Richard Salmond 
 
  Note to editors 
  Gresham Technologies plc is a leading software and services 
  company that specialises in providing real-time data integrity 
  and control solutions. 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, all of whom are served locally from offices 
  located in Europe, North America and Asia Pacific. 
  Gresham's award-winning Clareti software platform has been 
  designed to provide financial institutions with complete certainty 
  in their data processing. Clareti is a highly flexible and 
  fully scalable platform for ensuring the integrity of data 
  across an enterprise. It is designed to address today's most 
  challenging financial control, risk management, data governance 
  and regulatory compliance problems. 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                           Thomas Oliver 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      Grant of share options 
      -----------------------------  ---------------------------------------- 
 c)    Price(s) and volume(s)                Price               Volume 
      -----------------------------  --------------------  ------------------ 
                     Exercise price of 
                         GBP0.97196                              100,000 
  -------------------------------------------------------  ------------------ 
 d)    Aggregated information 
        - Aggregated volume             N/A 
        - Price 
      -----------------------------  ---------------------------------------- 
 e)    Date of the transaction        28 March 2018 
      -----------------------------  ---------------------------------------- 
 f)    Place of the transaction       Off-market transaction 
      -----------------------------  ----------------------------------------

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.

END

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March 29, 2019 03:02 ET (07:02 GMT)

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