Gresham Technologies PLC Issue of Equity (5226A)

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RNS Number : 5226A

Gresham Technologies PLC

27 March 2017

27 March 2017

Gresham Technologies plc

Issue of equity

Gresham Technologies plc (LSE: "GHT", or the "Company") announces that it has issued, conditional on admission, 487,500 ordinary shares of 5 pence each in the Company ("Ordinary Shares") pursuant to exercises of employee share options under the Company's Enterprise Management Incentive Plan and Unapproved Plan. Application will be made for the admission to trading of the new Ordinary Shares on the Main Market of the London Stock Exchange and to listing on the Official List of the UKLA, with dealings expected to commence at 8 a.m. on 30 March 2017.

Following the issue of the new Ordinary Shares, which will rank pari passu with all existing Ordinary Shares, the Company will have a total of 67,272,018 Ordinary Shares with voting rights in issue. The Company currently holds no shares in treasury.

The above figure of 67,272,018 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

Enquiries

 
                           [phone] 
Gresham Technologies plc    0200 
Ian Manocha 
Rob Grubb 
 
                           [phone] 
N+1 Singer (Broker)         3000 
Shaun Dobson 
Lauren Kettle 
 

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.

This information is provided by RNS

The company news service from the London Stock Exchange

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March 27, 2017 02:00 ET (06:00 GMT)