Gresham Regulatory News (GHT)

RNS

21 July 2020

Gresham Technologies plc

Board Changes

Gresham Technologies plc (LSE: "GHT", "Gresham" or the "Company"), the leading software and services company that specialises in providing solutions for data integrity and control, banking integration, payments and cash management, announces the appointment of Peter Anthony Simmonds as Non-Executive Director and Chairman designate effective from 1 August 2020.

Ken Archer will continue in his role as Non-Executive Director and Chairman in the transition period until 1 October 2020.

Peter Simmonds was Chief Executive Officer of dotDigital Group plc for eight years and a major contributor to dotDigital's success. Following his retirement in June 2015, he stepped into the role of Non-Executive Director. Peter commenced his career in 1976 as a trainee accountant with Unilever Plc and has over 35 years of experience at senior management and board level, principally in the areas of software, banking, insurance, finance and outsourcing. He has considerable business entrepreneurial experience having been involved at start up or early stage of a number of companies in various industry sectors including consultancy services, computer software and internet solutions sectors. Peter also has experience of business acquisition and post-acquisition integration.

Ken Archer, Chairman, commented:

"We are delighted to have appointed Peter. He brings a wealth of public company experience alongside his executive career running a successful Software-as-a-Service technology company. In particular, he brings an understanding of growth businesses, strategic partnering and M&A which will further strengthen the Company. I look forward to working with Peter as we complete the succession process."

Peter Simmonds added:

"I am excited to join the Gresham Board, especially at this stage in the Company's development. Over the last decade, the Company has undergone a remarkable transformation into a world class software business. Clareti is established now in the global market and provides a platform to deliver significant international scale. I look forward to working with the Board and supporting the management team on the next stage of the journey."

Peter Anthony Simmonds, aged 62, currently holds directorships at D4t4 Solutions plc, Cloudcall plc and Quoted Companies Alliance. In the last five years, he has also held directorships at Dotdigital Group plc, Eckoh plc and November Uniform Travel Syndicate Limited. Peter Simmonds' total beneficial interest in the Company is 10,000 Ordinary Shares, representing 0.01% the Company's total issued share capital as at today's date.

The Company confirms that there are no additional matters requiring disclosure under rule 9.6.13 of the Listing Rules.

Enquiries

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.