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Gresham House PLC (GHE)

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Wednesday 16 March, 2022

Gresham House PLC

2018 Performance Share Plan Award and PDMR update

RNS Number : 8933E
Gresham House PLC
16 March 2022
 

16 March 2022  

 

Gresham House plc

 

("Gresham House" or the "Company")

 

 

2018 Performance Share Plan Award
 

 

Gresham House today announces that on 15 March 2022 (the "Award Date"), pursuant to the rules of the Gresham House plc Performance Share Plan 2018 ("PSP"), the Company awarded Ms Heather Fleming, Managing Director Institutional Business and PDMR, in aggregate, nil-cost options over 5,686 ordinary shares of 25p each in the capital of the Company ("Ordinary Shares") based on a price of 879p, being the average closing price of the Ordinary Shares over the ten trading days prior to 27 January 2022, being the date that the Remuneration Committee approved the allocation of the awards .

 

The above award will be subject to a three year vesting period from the Award Date and is subject to the PDMR remaining an employee of the Company and satisfying the relevant conditions set out in the PSP.

 

Following the end of the vesting period and satisfaction of the relevant conditions, the award holder can exercise the awards and acquire Ordinary Shares for nil cost, subject to the payment of any applicable taxes. 

 

- Ends -

 

For more information contact:   

 

Gresham House plc   

Tony Dalwood, Chief Executive Officer 

Kevin Acton, Chief Financial Officer 

 

+44 (0)20 3837 6270 

Houston - media and analysts   

Kay Larsen

Joe Burgess

 

[email protected] 

+44 (0) 20 4 529 0549 

Canaccord Genuity Limited - Nominated Adviser and Joint Broker   

Bobbie Hilliam 

Georgina McCooke 

 

+44 (0)20 7523 8000 

 

Jefferies International Limited - Joint Broker and Financial Adviser 

Paul Nicholls 

Max Jones 

 

+44 (0)20 7029 8000

 

 

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

 

Heather Fleming

 

2

Reason for the notification

 

 

a)

Position/status

 

Managing Director Institutional Business

 

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

 

213800JYVCBZZHBFEL28

 

 

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 in Gresham House plc.

 

 

 

IDENTIFICATION CODE FOR GRESHAM HOUSE PLC ORDINARY SHARES GB0003887278

 

 

b)

Nature of the transaction

 

Performance Share Plan Award

 

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

 

0p

 

 

5,686

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A

 

e)

Date of the transaction

 

15/03/2022

 

f)

Place of the transaction

 

Outside trading venue

 

 

 

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