Share Issue/Capital Change • Jun 1, 2015
Share Issue/Capital Change
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National Storage Mechanism | Additional information
RNS Number : 8066O
Gresham Computing PLC
01 June 2015
1 June 2015
Gresham Computing plc
("Gresham" or the "Company")
Grant of Options
Gresham, the leading software and services company that specialises in providing real-time financial transaction control software to the global matching and reconciliation market, announces the following:
Ian Manocha, Chief Executive Officer of Gresham, has today been granted options over 1,500,000 ordinary shares of 5 pence each in the Company under the Share Option Plans approved at the General Meeting of the Company held in December 2010, as subsequently amended with shareholder approval at General Meetings held in May 2012 and February 2015. Subject to satisfaction of certain performance conditions, the exercise price for the options is £1.10572, which is the middle market price as at the close of business on 29th May 2015, the last business day preceding the grant, plus a premium of 10%. No consideration was paid for the grant of these options.
Ian Manocha holds no other options over shares in the Company.
- Ends -
For further information please contact:
| Gresham Computing plc Rob Grubb, CFO Jonathan Cathie, Company Secretary |
+44 (0) 20 7653 0200 |
| N+1 Singer Shaun Dobson, Head of Corporate Finance Lauren Kettle |
+44 (0) 20 7496 3000 |
This information is provided by RNS
The company news service from the London Stock Exchange
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