GHT.L Regulatory News (GHT)

RNS

12 October 2020

Gresham Technologies plc

Wealth of banking and fintech experience to join Board

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 appointments of Jenny Knott and Dr. Ruth Wandhöfer as Non-Executive Directors effective from 12 October 2020. These appointments bring a wealth of banking and financial technology experience to the Board in parallel with the recent successful completion of the Chair succession.

Jenny Knott is a qualified accountant and has held roles as Chief Executive, Chief Finance Officer and Chief Operational Officer in banking and in financial technology. She built a reputation as an advocate of technology-enabled modernisation in the financial services sector throughout her executive career, which includes roles at Standard Bank, Nomura Securities and UBS. Whilst CEO of NEX Optimisation, the post-trade, risk and information services business, she was named as one of the top 100 influencers by Financial Technologist in 2018. She is currently Chair of Equiida, the board effectiveness and leadership consultancy, and Non-Executive Director of SimplyHealth.

Dr. Ruth Wandhöfer is a Global Fintech 50 Influencer with considerable experience in the Fintech and RegTech sectors. Her executive career included over a decade at Citi in the transaction services business, including Global Head of Regulatory & Market Strategy for Treasury and Trade Solutions. Prior to this she spent four years as a Policy Adviser on Securities Services and Payments at the European Banking Federation. Following her executive career, she served as Non-Executive Director of the London Stock Exchange and is currently Partner at Gauss Ventures and independent Non-Executive Director at Permanent TSB and Digital Identity Net.

Imogen Joss will continue in her role as Non-Executive Director, Senior Independent Director and Chair of the Remuneration Committee until 31 October 2020 when she will step down from the Board. Jenny Knott will assume responsibility as Chair of the Remuneration Committee and Andy Balchin, currently Non-Executive Director and Chair of the Audit Committee, will assume the role of Senior Independent Non-Executive Director.

Peter Simmonds, Chairman, commented:

"We are delighted to have Jenny and Ruth join the Board. They bring deep experience in global banking and financial technology to the Company at an exciting time as we look to accelerate the Clareti business and further monetise the wealth of IP that the Company has developed and acquired in recent years.

I would like to thank Imogen Joss for her contribution to the Company over the last four years. I would also like to thank my predecessor, Ken Archer, who so ably chaired the business over the last decade and who formally stepped down from the Board at the end of September."

Jennifer Catherine Knott, aged 52, does not hold any current directorships in publicly quoted companies. Additionally, she has not held any directorships in publicly quoted companies in the last five years. She has no beneficial interest in the Company as at today's date.

Ruth Wandhöfer, aged 44, is currently director of Permanent TSB Group Holdings plc. and in the last five years, she has been a director of London Stock Exchange Group plc. Her total beneficial interest in the Company is 13,403 Ordinary Shares, representing 0.02% of 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 in relation to the appointments of either of the directors.

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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.