Gresham Technologies PLC Grant of Options (8745H)

TIDMGHT

RNS Number : 8745H

Gresham Technologies PLC

15 March 2018

15 March 2018

Gresham Technologies plc

Grant of Options

Gresham Technologies plc (LSE: "GHT", "Gresham", the "Company" or the "Group"), the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions, announces that on 14 March 2018 it granted options over 200,000 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 GBP2.2715 per ordinary share, have a ten-year life and vest on the third anniversary of their grant, subject to certain Group performance targets. The Options represent Tom's only holding of securities in the capital of the Company.

Enquiries

 
                                    [phone] 
 Gresham Technologies plc            0200 
 Ian Manocha 
 Tom Mullan 
 
                                    [phone] 
 N+1 Singer (Joint Broker)           3000 
 Shaun Dobson 
 Lauren Kettle 
 
 Cantor Fitzgerald Europe (Joint    [phone] 
  Broker)                            7000 
 Marc Milmo 
 Catherine Leftley 
 
 
 

Note to editors

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 assuring enterprise data integrity and is designed to address today's most challenging financial control, internal risk management, data governance and regulatory compliance problems. Gresham's portfolio of applications based on the Clareti platform, including Clareti Transaction Control (CTC), Clareti Accounts Receivable Management (Clareti ARM), Clareti Loan Control (CLC) and Clareti 24 Integration Objects (C24 IO), provide innovative industry specific solutions for real-time data management.

Gresham Technologies plc is a leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions. Listed on the main market of the London Stock Exchange (GHT.L) and headquartered in the City of London, 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.

 
 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                Ordinary shares of 5 pence 
        the financial                 each 
        instrument, type 
        of instrument 
                                      GB0008808825 
        Identification 
        code 
----  ----------------------------  ------------------------------ 
 b)    Nature of the                 Grant of share options 
        transaction 
----  ----------------------------  ------------------------------ 
 c)    Price(s) and volume(s)              Price           Volume 
----  ----------------------------  -------------------  --------- 
                      Exercise price 
                       of GBP2.2715                       200,000 
  -----------------------------------------------------  --------- 
 d)    Aggregated information 
        - Aggregated volume            N/A 
        - Price 
----  ----------------------------  ------------------------------ 
 e)    Date of the transaction       14 March 2018 
----  ----------------------------  ------------------------------ 
 f)    Place of the transaction      Off-market transaction 
----  ----------------------------  ------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 15, 2018 08:57 ET (12:57 GMT)