GRESHAM TECHNOLOGIES PLC — Capital/Financing Update 2015

Mar 20, 2015

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RNS Number : 0861I

Gresham Computing PLC

20 March 2015

20 March 2015

Gresham Computing plc

("Gresham" or the "Company" or the "Group")

Reduction of Capital Effective

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:

Further to the resolution duly passed by shareholders at the Company's general meeting, held on 24 February 2015, the Company is pleased to announce that the Company's application to reduce its share capital by the cancellation of its share premium account was approved by the High Court of Justice (Chancery Division) on 18 March 2015. 

The order issued by the Court confirming the reduction of capital and the statement of capital approved by the Court in connection therewith were registered by the Registrar of Companies on 20 March 2015, whereupon the reduction became effective. 

The Company confirms that, following the reduction of capital, the total number of ordinary shares of 5p each in the Company in issue as at 20 March 2015 remains unchanged at 63,233,478 shares.

- Ends -

For further information please contact:

Gresham Computing plc Chris Errington, CEO Rob Grubb, CFO Jonathan Cathie, Company Secretary	+44 (0) 20 7653 0200
N+1 Singer Shaun Dobson, Head of Corporate Finance Emily Watts	+44 (0) 20 7496 3000

This information is provided by RNS

The company news service from the London Stock Exchange

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