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GHE Gresham House Plc

1,100.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gresham House Plc LSE:GHE London Ordinary Share GB0003887287 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,100.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Gresham House PLC Investment by management into Company shares (6419T)

22/03/2019 7:00am

UK Regulatory


Gresham House (LSE:GHE)
Historical Stock Chart


From Apr 2019 to Apr 2024

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TIDMGHE

RNS Number : 6419T

Gresham House PLC

22 March 2019

Gresham House Plc

("Gresham House" or the "Company")

Investment by Management into Ordinary Shares of the Company

Gresham House, the specialist alternative asset manager, announces that certain directors and employees have elected to invest and defer up to the maximum amount permitted of their 2018 bonus award into ordinary shares in the Company (the "Ordinary Shares") pursuant to the Company's Bonus Share Matching Plan (the "Plan").

The purpose of the Plan is to encourage Gresham House employees to invest in the long-term growth of the Company. Under the Plan, equal portions of any award are subject to achieving 7 per cent. compound annual growth rate in total shareholder return and out-performing the FTSE All Share Index from the date of deferral. In the event that this performance condition is not met, the participants of the Plan will receive only the ordinary shares acquired with the deferred bonus.

Further details of the Plan are set out at page 91 of the 2018 annual report, which can be found on the Company's website, www.greshamhouse.com.

Application has been made for the admission to trading on AIM ("Admission") for 107,225 Ordinary Shares issued under the Plan at a price of 445.33p per Ordinary Share, which equates to the average of the mid-market closing price over the ten trading days prior to Award as set out in as set out in the terms of the Plan. The new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares of the Company. Admission of the new Ordinary Shares is expected on 27 March 2019.

Following Admission, the Company's issued share capital will comprise 24,989,570 Ordinary Shares, which figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules. The Company does not hold any shares in treasury.

The notifications which follow, made pursuant to Article 19(3) of the Market Abuse Regulation, provide further details. The dealings set out below are in respect of the initial shares purchased by the relevant Person Discharging Managerial Responsibilities ("PDMR"). Any matching shares due to be issued will be issued upon the satisfaction of the conditions set out above.

- Ends -

For more information contact:

 
 Gresham House plc 
  John-Paul Preston, Company Secretary          +44 (0)20 3837 6270 
 Montfort Communications                        greshamhouse@montfort.london 
  Olly Scott                                     +44 (0)78 1234 5205 
 Canaccord Genuity Limited - Nominated 
  Adviser 
  and Joint Broker 
  Bobbie Hilliam                                +44 (0)20 7523 8000 
 Jefferies International Limited - Financial 
  Adviser 
  and Joint Broker 
  Paul Nicholls 
  Max Jones 
  Chris Binks                                   +44 (0)20 7029 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. 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

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                       Anthony Dalwood 
     -------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status            CEO 
     -------------------------  -------------------------------------------- 
 b)   Initial notification/      Initial Notification 
       Amendment 
     -------------------------  -------------------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ----------------------------------------------------------------------- 
 a)   Name                       Gresham House plc 
     -------------------------  -------------------------------------------- 
 b)   LEI                        N/A 
     -------------------------  -------------------------------------------- 
 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                Ordinary Shares of 25p in Gresham House 
       of the financial           plc. 
       instrument, 
       type of instrument 
 
       Identification 
       code 
                                  ISIN: GB0003887287 
     -------------------------  -------------------------------------------- 
 b)   Nature of                  Buy 
       the transaction 
     -------------------------  -------------------------------------------- 
 c)   Price(s)                     Price(s)   Volume(s) 
       and volume(s)                445.33p    45472 
                                              ---------- 
     -------------------------  -------------------------------------------- 
 d)   Aggregated 
       information 
 
       Aggregated                  N/A 
       volume 
 
       Price 
     -------------------------  -------------------------------------------- 
 e)   Date of the                21 March 2019 
       transaction 
     -------------------------  -------------------------------------------- 
 f)   Place of                   London Stock Exchange, AIM 
       the transaction 
     -------------------------  -------------------------------------------- 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                      Rupert Robinson 
     ------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status           MD, Gresham House Asset Management Limited 
     ------------------------  --------------------------------------------- 
 b)   Initial notification/     Initial Notification 
       Amendment 
     ------------------------  --------------------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ----------------------------------------------------------------------- 
 a)   Name                      Gresham House plc 
     ------------------------  --------------------------------------------- 
 b)   LEI                       N/A 
     ------------------------  --------------------------------------------- 
 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               Ordinary Shares of 25p in Gresham House 
       of the financial          plc. 
       instrument, 
       type of instrument 
 
       Identification 
       code 
                                 ISIN: GB0003887287 
     ------------------------  --------------------------------------------- 
 b)   Nature of                 Buy 
       the transaction 
     ------------------------  --------------------------------------------- 
 c)   Price(s)                    Price(s)   Volume(s) 
       and volume(s)               445.33p    12351 
                                             ---------- 
     ------------------------  --------------------------------------------- 
 d)   Aggregated 
       information 
 
       Aggregated                 N/A 
       volume 
 
       Price 
     ------------------------  --------------------------------------------- 
 e)   Date of the               21 March 2019 
       transaction 
     ------------------------  --------------------------------------------- 
 f)   Place of                  London Stock Exchange, AIM 
       the transaction 
     ------------------------  --------------------------------------------- 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                       Kevin Acton 
     -------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status            Finance Director 
     -------------------------  -------------------------------------------- 
 b)   Initial notification/      Initial Notification 
       Amendment 
     -------------------------  -------------------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ----------------------------------------------------------------------- 
 a)   Name                       Gresham House plc 
     -------------------------  -------------------------------------------- 
 b)   LEI                        N/A 
     -------------------------  -------------------------------------------- 
 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                Ordinary Shares of 25p in Gresham House 
       of the financial           plc. 
       instrument, 
       type of instrument 
 
       Identification 
       code 
                                  ISIN: GB0003887287 
     -------------------------  -------------------------------------------- 
 b)   Nature of                  Buy 
       the transaction 
     -------------------------  -------------------------------------------- 
 c)   Price(s)                     Price(s)   Volume(s) 
       and volume(s)                445.33p    6737 
                                              ---------- 
     -------------------------  -------------------------------------------- 
 d)   Aggregated 
       information 
 
       Aggregated                  N/A 
       volume 
 
       Price 
     -------------------------  -------------------------------------------- 
 e)   Date of the                21 March 2019 
       transaction 
     -------------------------  -------------------------------------------- 
 f)   Place of                   London Stock Exchange, AIM 
       the transaction 
     -------------------------  -------------------------------------------- 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                       John-Paul Preston 
     -------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status            Head of Corporate Advisory & Chief Legal 
                                  Officer 
     -------------------------  -------------------------------------------- 
 b)   Initial notification/      Initial Notification 
       Amendment 
     -------------------------  -------------------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ----------------------------------------------------------------------- 
 a)   Name                       Gresham House plc 
     -------------------------  -------------------------------------------- 
 b)   LEI                        N/A 
     -------------------------  -------------------------------------------- 
 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                Ordinary Shares of 25p in Gresham House 
       of the financial           plc. 
       instrument, 
       type of instrument 
 
       Identification 
       code 
                                  ISIN: GB0003887287 
     -------------------------  -------------------------------------------- 
 b)   Nature of                  Buy 
       the transaction 
     -------------------------  -------------------------------------------- 
 c)   Price(s)                     Price(s)   Volume(s) 
       and volume(s)                445.33p    44911 
                                              ---------- 
     -------------------------  -------------------------------------------- 
 d)   Aggregated 
       information 
 
       Aggregated                  N/A 
       volume 
 
       Price 
     -------------------------  -------------------------------------------- 
 e)   Date of the                21 March 2019 
       transaction 
     -------------------------  -------------------------------------------- 
 f)   Place of                   London Stock Exchange, AIM 
       the 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

IOEUAUNRKWAOUAR

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March 22, 2019 03:00 ET (07:00 GMT)

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