Gresham House PLC Performance Share Plan Awards (4340N)

TIDMGHE

RNS Number : 4340N

Gresham House PLC

29 January 2021

29 January 2021

Gresham House plc

("Gresham House" or the "Company")

Performance Share Plan Awards

("LTIP Options")

Gresham House today announces that on 27 January 2021 (the "Award Date"), pursuant to the rules of the Gresham House plc Performance Share Plan 2018 ("PSP"), the Company awarded the PDMR listed below, in aggregate, nil-cost options over 6,146 ordinary shares in the capital of the Company ("Ordinary Shares") based on a price of 814p, being the average closing price of the Ordinary Shares over the ten trading days prior to the Award Date.

 
 PDMR               Position                  Number of LTIP    Total subsequent 
                                              Options granted    number of LTIP 
                                                                  Options held 
                    Head of Institutional 
 Heather Fleming     Sales                        6,146              62,604 
                   -----------------------  -----------------  ----------------- 
 

The above award will be subject to a three year vesting period and is subject to the PDMR remaining an employee of the Company and satisfying the relevant conditions set out in the PSP.

Following the end of the vesting period and satisfaction of the relevant conditions, the award holder can exercise the LTIP Options and acquire Ordinary Shares for nil cost, subject to the payment of any applicable taxes.

- Ends -

 
 For more information contact: 
  Gresham House plc 
  Kevin Acton, Chief Financial Officer            [phone] 
 Houston PR                                     [e-mail] 
  Kate Hoare                                     [phone] 
  Alexander Clelland 
  Anushka Mathew 
 Canaccord Genuity Limited - Nominated 
  Adviser and Joint Broker 
  Bobbie Hilliam 
  Georgina McCooke                              [phone] 
 Jefferies International Limited - Financial 
  Adviser and Joint Broker 
  Paul Nicholls 
  Max Jones                                      [phone] 
 

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

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                       Heather Fleming 
     -------------------------  ---------------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------------- 
 a)   Position/status            Head of Institutional Sales 
     -------------------------  ---------------------------------------------------- 
 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                        213800JYVCBZZHBFEL28 
     -------------------------  ---------------------------------------------------- 
 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 in Gresham House plc. 
       of the financial 
       instrument, 
       type of instrument 
                                  IDENTIFICATION CODE FOR GRESHAM HOUSE PLC ORDINARY 
       Identification             SHARES GB0003887278 
       code 
     -------------------------  ---------------------------------------------------- 
 b)   Nature of the              Performance Share Plan Award 
       transaction 
     -------------------------  ---------------------------------------------------- 
 c)   Price(s) and                 Price(s)   Volume(s) 
       volume(s) 
                                     0p         6,146 
                                              ---------- 
     -------------------------  ---------------------------------------------------- 
 d)   Aggregated 
       information                 N/A - Single Transaction 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     -------------------------  ---------------------------------------------------- 
 e)   Date of the                27/01/2021 
       transaction 
     -------------------------  ---------------------------------------------------- 
 f)   Place of the               London Stock Exchange, AIM 
       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 [e-mail] or visit www.rns.com .

END

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 [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHBLGDBBSDDGBC

(END) Dow Jones Newswires

January 29, 2021 11:42 ET (16:42 GMT)