Gresham House PLC EBT Share Purchase (6586T)

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RNS Number : 6586T

Gresham House PLC

25 July 2022

25 July 2022

Gresham House plc

("Gresham House" or the "Company")

EBT Share Purchase

The Company was notified on 25 July 2022, by Intertrust Employee Benefit Trustee Limited, the trustee of the Gresham House Plc Employee Benefit Trust (the "EBT"), that the EBT had purchased 15,000 ordinary shares of 25p each in the Company ("Ordinary Shares") at an average price of 859.67 pence per Ordinary Share on 22 July 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 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 from the Company's existing cash resources.

Following this transaction, a total of 66,060 Ordinary Shares are held by the EBT, representing approximately 0.17 per cent of the Company's total voting rights.

- Ends -

 
 For more information contact: 
 
   Gresham House plc                                 [phone] 
   Kevin Acton, Chief Financial Officer               6270 
                                                     [e-mail] 
   Houston - media and analysts                       [phone] 
   Kay Larsen                                         0549 
   Joe Burgess 
 
   Canaccord Genuity Limited - Nominated Adviser 
   and Joint Broker 
   Bobbie Hilliam                                    [phone] 
   Georgina McCooke                                   8000 
 
   Jefferies International Limited - Joint Broker 
   and Financial Adviser 
   Paul Nicholls                                     [phone] 
   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) Dow Jones Newswires

July 25, 2022 10:05 ET (14:05 GMT)