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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 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMGHE
RNS Number : 2996X
Gresham House PLC
19 December 2023
19 December 2023
Gresham House plc
("Gresham House" or the "Company")
Issue of Shares to Employee Benefit Trust and PDMR Dealings
Issue of shares to employee benefit trust
As announced earlier today, the scheme of arrangement circular published on 4 August 2023 to implement the acquisition of Gresham House by Seed Bidco Limited pursuant to Part 26 of the Companies Act 2006 ("Scheme") is now Effective. Capitalised terms used by not otherwise defined in this announcement shall have the meanings given to them in the Scheme.
As announced on 8 December 2023, the Company has applied to AIM for a block listing of 4,157,529 new ordinary shares of GBP0.25 each in the Company.
In order to satisfy the vesting of awards granted pursuant to the Gresham House plc Bonus Share Matching Plan 2018 which occurred automatically upon the Scheme becoming Effective, the Company's Employee Benefit Trust ("EBT") has subscribed for 1,382,747 new ordinary shares in the Company ("New Ordinary Shares") at their par value of GBP0.25 each, at an aggregate cost to the EBT of GBP345,686.75. The Company gifted GBP345,686.75 to the EBT to fund its subscription for the New Ordinary Shares.
Accordingly, the Company has today allotted the New Ordinary Shares to the EBT and such shares rank pari passu in all respects with the existing ordinary shares of GBP0.25 each in the Company. The New Ordinary Shares will be admitted to trading on AIM today ("Admission").
Following Admission and in accordance with Rule 2.9 of the City Code on Takeovers and Mergers , the Company confirms that the Company's issued share capital will comprise 42,431,525 ordinary shares of GBP0.25 each, 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 International Securities Identification Number for Gresham House's ordinary shares is GB0003887287.
Director/PDMR dealings
Upon the Scheme becoming effective, awards granted pursuant to the Gresham House plc Bonus Share Matching Plan 2018 to the following persons discharging managerial responsibilities vested automatically.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Details of the person discharging managerial responsibilities/person 1 closely associated a) Name Anthony Dalwood ------------------------- ------------------------------------------------ Reason for the notification 2 --------------------------------------------------------------------------- a) Position/status Chief Executive Officer ------------------------- ------------------------------------------------ b) Initial notification/ Initial Notification Amendment ------------------------- ------------------------------------------------ Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor --------------------------------------------------------------------------- a) Name Gresham House plc ------------------------- ------------------------------------------------ b) LEI N/A ------------------------- ------------------------------------------------ Details of the transaction(s): section to be repeated for 4 (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 GBP0.25 in Gresham House of the financial plc. instrument, type of instrument Identification code ISIN: GB0003887287 ------------------------- ------------------------------------------------ b) Nature of Vesting of awards pursuant to the Gresham House the transaction plc Bonus Share Matching Plan 2018 ------------------------- ------------------------------------------------ c) Price(s) and Price(s) Volume(s) volume(s) nil 75,131 ---------- ------------------------- ------------------------------------------------ d) Aggregated information * Aggregated volume N/A * Price ------------------------- ------------------------------------------------ e) Date of the 19 December 2023 transaction ------------------------- ------------------------------------------------ f) Place of the Outside trading venue transaction ------------------------- ------------------------------------------------
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Details of the person discharging managerial responsibilities/person 1 closely associated a) Name Rupert Robinson ------------------------- -------------------------------------------------- Reason for the notification 2 ----------------------------------------------------------------------------- a) Position/status Managing Director, Gresham House Asset Management Limited ------------------------- -------------------------------------------------- b) Initial notification/ Initial Notification Amendment ------------------------- -------------------------------------------------- Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor ----------------------------------------------------------------------------- a) Name Gresham House plc ------------------------- -------------------------------------------------- b) LEI N/A ------------------------- -------------------------------------------------- Details of the transaction(s): section to be repeated for 4 (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 GBP0.25 in Gresham House of the financial plc. instrument, type of instrument Identification code ISIN: GB0003887287 ------------------------- -------------------------------------------------- b) Nature of Vesting of awards pursuant to the Gresham House the transaction plc Bonus Share Matching Plan 2018 ------------------------- -------------------------------------------------- c) Price(s) and Price(s) Volume(s) volume(s) nil 75,131 ---------- ------------------------- -------------------------------------------------- d) Aggregated information * Aggregated volume N/A * Price ------------------------- -------------------------------------------------- e) Date of the 19 December 2023 transaction ------------------------- -------------------------------------------------- f) Place of the Outside trading venue transaction ------------------------- --------------------------------------------------
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Details of the person discharging managerial responsibilities/person 1 closely associated a) Name Kevin Acton ------------------------- ------------------------------------------------ Reason for the notification 2 --------------------------------------------------------------------------- a) Position/status Chief Financial Officer ------------------------- ------------------------------------------------ b) Initial notification/ Initial Notification Amendment ------------------------- ------------------------------------------------ Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor --------------------------------------------------------------------------- a) Name Gresham House plc ------------------------- ------------------------------------------------ b) LEI N/A ------------------------- ------------------------------------------------ Details of the transaction(s): section to be repeated for 4 (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 GBP0.25 in Gresham House of the financial plc. instrument, type of instrument Identification code ISIN: GB0003887287
------------------------- ------------------------------------------------ b) Nature of Vesting of awards pursuant to the Gresham House the transaction plc Bonus Share Matching Plan 2018 ------------------------- ------------------------------------------------ c) Price(s) and Price(s) Volume(s) volume(s) nil 75,131 ---------- ------------------------- ------------------------------------------------ d) Aggregated information * Aggregated volume N/A * Price ------------------------- ------------------------------------------------ e) Date of the 19 December 2023 transaction ------------------------- ------------------------------------------------ f) Place of the Outside trading venue transaction ------------------------- ------------------------------------------------
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Details of the person discharging managerial responsibilities/person 1 closely associated a) Name Samee Khan ------------------------- ------------------------------------------------ Reason for the notification 2 --------------------------------------------------------------------------- a) Position/status Chief Legal Officer ------------------------- ------------------------------------------------ b) Initial notification/ Initial Notification Amendment ------------------------- ------------------------------------------------ Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor --------------------------------------------------------------------------- a) Name Gresham House plc ------------------------- ------------------------------------------------ b) LEI N/A ------------------------- ------------------------------------------------ Details of the transaction(s): section to be repeated for 4 (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 GBP0.25 in Gresham House of the financial plc. instrument, type of instrument Identification code ISIN: GB0003887287 ------------------------- ------------------------------------------------ b) Nature of Vesting of awards pursuant to the Gresham House the transaction plc Bonus Share Matching Plan 2018 ------------------------- ------------------------------------------------ c) Price(s) and Price(s) Volume(s) volume(s) nil 22,000 ---------- ------------------------- ------------------------------------------------ d) Aggregated information * Aggregated volume N/A * Price ------------------------- ------------------------------------------------ e) Date of the 19 December 2023 transaction ------------------------- ------------------------------------------------ f) Place of the Outside trading venue transaction ------------------------- ------------------------------------------------
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Details of the person discharging managerial responsibilities/person 1 closely associated a) Name Andrew Hampshire ------------------------- ------------------------------------------------ Reason for the notification 2 --------------------------------------------------------------------------- a) Position/status Chief Operating Officer and Chief Technology Officer ------------------------- ------------------------------------------------ b) Initial notification/ Initial Notification Amendment ------------------------- ------------------------------------------------ Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor --------------------------------------------------------------------------- a) Name Gresham House plc ------------------------- ------------------------------------------------ b) LEI N/A ------------------------- ------------------------------------------------ Details of the transaction(s): section to be repeated for 4 (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 GBP0.25 in Gresham House of the financial plc. instrument, type of instrument Identification code ISIN: GB0003887287 ------------------------- ------------------------------------------------ b) Nature of Vesting of awards pursuant to the Gresham House the transaction plc Bonus Share Matching Plan 2018 ------------------------- ------------------------------------------------ c) Price(s) and Price(s) Volume(s) volume(s) nil 35,863 ---------- ------------------------- ------------------------------------------------ d) Aggregated information * Aggregated volume N/A * Price ------------------------- ------------------------------------------------ e) Date of the 19 December 2023 transaction ------------------------- ------------------------------------------------ f) Place of the Outside trading venue transaction ------------------------- ------------------------------------------------
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Details of the person discharging managerial responsibilities/person 1 closely associated a) Name Ben Guest ------------------------- ------------------------------------------------ Reason for the notification 2 --------------------------------------------------------------------------- a) Position/status Managing Director and Head of the Gresham House New Energy division ------------------------- ------------------------------------------------ b) Initial notification/ Initial Notification Amendment ------------------------- ------------------------------------------------ Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor --------------------------------------------------------------------------- a) Name Gresham House plc ------------------------- ------------------------------------------------ b) LEI N/A ------------------------- ------------------------------------------------ Details of the transaction(s): section to be repeated for 4 (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 GBP0.25 in Gresham House of the financial plc. instrument, type of instrument Identification code ISIN: GB0003887287 ------------------------- ------------------------------------------------ b) Nature of Vesting of awards pursuant to the Gresham House the transaction plc Bonus Share Matching Plan 2018 ------------------------- ------------------------------------------------ c) Price(s) and Price(s) Volume(s) volume(s) nil 75,131 ---------- ------------------------- ------------------------------------------------ d) Aggregated information * Aggregated volume N/A * Price ------------------------- ------------------------------------------------ e) Date of the 19 December 2023 transaction ------------------------- ------------------------------------------------ f) Place of the Outside trading venue transaction ------------------------- ------------------------------------------------
-Ends-
For more information contact:
Gresham House plc Kevin Acton, Chief Financial Officer +44 (0)20 3837 6270 Houston - media and analysts Kay Larsen Alex Clelland Kelsey Traynor +44 (0)20 4529 0549 -------------------- Canaccord Genuity Limited - Nominated Adviser and Joint Broker Bobbie Hilliam Harry Pardoe +44 (0)20 7523 8000 Jefferies International Limited - Joint Broker and Financial Adviser Paul Nicholls James Umbers +44 (0)20 7029 8000
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(END) Dow Jones Newswires
December 19, 2023 04:56 ET (09:56 GMT)
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