2017 Bonus Share Matching Plan and PDMR updates

RNS Number : 1969F

Gresham House PLC

05 March 2020

 

5 March 2020

Gresham House plc

("Gresham House" or the "Company")

Issue of shares pursuant to the Company's 2017 Bonus Share Matching Plan (the "Plan") and PDMR notifications

Gresham House, (AIM: GHE) the specialist alternative asset manager, announces that, pursuant to the Plan, 925 ordinary shares of 25 pence each in the capital of the Company ("Ordinary Shares") have been allocated to award holders and 3,845 Ordinary Shares have been allocated to the PDMRs listed below, on 5 March 2020. The aggregate number of 4,770 Ordinary Shares so allocated will be issued by the Company to the Gresham House plc Employee Benefit Trust ("Trust") who have agreed to subscribe for such shares pursuant to the existing arrangements between the Company and the Trust.  The Trust will then transfer such holding of 4,770 Ordinary Shares to the award holders and PDMRs.

Applications have been made for the admission to trading on AIM ("Admission") for 4,770 Ordinary Shares.  A dmission is expected to occur on or after 11 March 2020 at which point the Trust will transfer the 4,770 Ordinary Shares to the Company's employees and PDMRs.

Following Admission, the total issued share capital of the Company will be 28,443,773 Ordinary Shares (which figure includes the 555,555 Ordinary Shares issued earlier today and reported by the Company in the announcement headed "Gresham House plc Acquisition of TradeRisks Ltd" as well as the 4,770 Ordinary Shares which are the subject of this announcement) . This figure of 28,443,773 Ordinary Shares    may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

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For more information contact: Gresham House plc Kevin Acton, Chief Financial Officer	[phone]
Houston PR Kate Hoare Alexander Clelland Anushka Mathew	[e-mail] [phone]
Canaccord Genuity Limited - Nominated Adviser and Joint Broker Bobbie Hilliam Georgina McCooke	[phone]
Jefferies International Limited - Financial Adviser and Joint Broker Paul Nicholls Max Jones	[phone]

About Gresham House

Gresham House plc is an AIM quoted specialist asset manager providing funds, direct investments and tailored investment solutions, including co-investment across a range of highly differentiated alternative investment strategies. Our expertise includes timber, renewable energy, housing and infrastructure, strategic public and private equity (private assets). The group aims to deliver sustainable financial returns and is committed to building long-term partnerships with clients (institutions, family offices, high-net-worth individuals, charities and endowments and private individuals) to help them achieve their financial goals.

Shareholder value creation will be driven by long-term growth in earnings as a result of increasing AUM and returns from invested capital.

www.greshamhouse.com

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Anthony Dalwood
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gresham House plc
b)	LEI	N/A
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 25p in Gresham House plc. ISIN: GB0003887287
b)	Nature of the transaction	Matching share award
c)	Price(s) and volume(s)	Price(s) Volume(s) 0p 1,959
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	5 March 2020
f)	Place of the transaction	London Stock Exchange, AIM

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Rupert Robinson
2	Reason for the notification
a)	Position/status	Managing Director, Gresham House Asset Management Limited
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gresham House plc
b)	LEI	N/A
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 25p in Gresham House plc. ISIN: GB0003887287
b)	Nature of the transaction	Matching share award
c)	Price(s) and volume(s)	Price(s) Volume(s) 0p 1,092
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	5 March 2020
f)	Place of the transaction	London Stock Exchange, AIM

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Kevin Acton
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gresham House plc
b)	LEI	N/A
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 25p in Gresham House plc. ISIN: GB0003887287
b)	Nature of the transaction	Matching share award
c)	Price(s) and volume(s)	Price(s) Volume(s) 0p 794
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	5 March 2020
f)	Place of the transaction	London Stock Exchange, AIM

 

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