Gresham Technologies PLC AGM Statement and Notice of Results (2126A)

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RNS Number : 2126A

Gresham Technologies PLC

23 May 2023

23 May 2023

Gresham Technologies plc

AGM Statement and Notice of Results

Gresham Technologies plc (LSE: "GHT", "Gresham", "Company" or the "Group"), the leading software and services company that specialises in providing solutions for data integrity and control, banking integration, payments and cash management, will hold its Annual General Meeting at 10.00 am today at the offices of Blake Morgan at 6 New Street Square, London, EC4A 3DJ .

At the meeting, the following statement will be made by Gresham's Chair, Peter Simmonds, on behalf of the Company:

"I am pleased to report that the Company has made a positive start to the year. Three new clients have been signed since the publication of our full year results in March, and there is potential for additional new wins in H1. There has also been good progress against contractual milestones in two key accounts leading to incremental ARR.

Whilst the macro environment does present some challenges for the financial sector, overall these pressures continue to result in greater regulation, compliance and board oversight of risk and liquidity management which all continue to drive demand in the mid-term for our control and automation solutions.

The Company benefits from good visibility of FY23 revenues and a solid pipeline of opportunities for the second half of the year and beyond, giving us confidence in our investment plans and the execution of our growth strategy. The Board remains confident in the year ahead and looks forward to providing an update at the time of our interim results in July 2023."

Notice of Results

The Group expects to announce its interim results for the six months ended 30 June 2023 on 26 July 2023. Further details regarding presentations for investors and analysts will be announced in due course.

Enquiries

 
                                                [phone] 
Gresham Technologies plc                         0200 
Ian Manocha / Tom Mullan 
 
 
Singer Capital Markets (Financial Adviser and   [phone] 
 Broker)                                         3000 
Shaun Dobson / Tom Salvesen / Jen Boorer 
 
 
                                                [phone] 
Alma PR                                          0205 
Hilary Buchanan / Andy Bryant / Matthew Young 
 

Inside information

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

Note to editors

Gresham Technologies plc is a leading software and services company that specialises in providing real-time solutions for data integrity and control, banking integration, payments and cash management. Listed on the main market of the London Stock Exchange (GHT.L) and headquartered in the City of London, its customers include some of the world's largest financial institutions and corporates, all of whom are served locally from offices located in the UK, Europe, North America and Asia Pacific.

Gresham's award-winning Clareti software platform is a highly flexible and scalable platform, available on-site or in the cloud, designed to address today's most challenging financial control, risk management, data governance and regulatory compliance problems. Learn more at www.greshamtech.com.

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May 23, 2023 02:00 ET (06:00 GMT)