Last checked at 15 Mar 2018 12:57
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 £2.2715 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
Gresham Technologies plc | +44 (0) 207 653 0200 |
Ian Manocha | |
Tom Mullan | |
N+1 Singer (Joint Broker) | +44 (0) 207 496 3000 |
Shaun Dobson | |
Lauren Kettle | |
Cantor Fitzgerald Europe (Joint Broker) | +44 (0) 207 894 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 /Amendment | Initial | |
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 the financial instrument, type of instrument
Identification code | Ordinary shares of 5 pence each
GB0008808825
| |
b) | Nature of the transaction | Grant of share options | |
c)
| Price(s) and volume(s)
| Price | Volume |
Exercise price of £2.2715 | 200,000 | ||
d)
| Aggregated information - Aggregated volume - Price |
N/A
| |
e) | Date of the transaction | 14 March 2018 | |
f) | Place of the transaction | Off-market transaction | |