GRESHAM TECHNOLOGIES PLC

Remuneration Information • Mar 31, 2020

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RNS Number : 1001I

Gresham Technologies PLC

31 March 2020

RNS

31 March 2020

Gresham Technologies plc

Directors Share Awards

Gresham Technologies plc (LSE: "GHT", "Gresham", "Company"), the leading software and services company that specialises in providing solutions for data integrity and control, banking integration, payments and cash management, announces the grant of share awards to the executive directors of the Company, pursuant to the Group's annual bonus plan and long-term incentive scheme.

The following existing ordinary shares have been awarded to Ian Manocha, CEO and Tom Mullan, CFO (together, the "Executive Directors"), pursuant to the Company's Deferred Share Bonus Plan (the "Bonus Plan Shares") in respect of FY19 performance. In addition, the Executive Directors have been granted the following corresponding ordinary share matching awards (the "Share Matching Awards"):

	Bonus Plan Shares	Share Matching Award*
Ian Manocha	13,685	104,008
Tom Mullan	8,886	67,532

* Maximum potential award. Actual values will be based on performance targets over the following three financial years.  

The acquisition of the Bonus Plan Shares has been funded through a proportion of the Executive Directors' cash bonus entitlement and are beneficially held through the Company's global nominee service. The Share Matching Award entitles the Executive Directors to receive further ordinary shares, up to the maximum stated above, subject to (a) the Executive Director's Bonus Plan Shares being retained for a specified period; (b) the satisfaction of relevant performance targets over the following three financial years; and (c) the Executive Director remaining with the business at the end of the retention period.

Following the acquisition of the Bonus Plan Shares, Ian Manocha is directly and beneficially interested in a total of 88,685 ordinary shares of the Company, equivalent to 0.13% of the Company's issued share capital and Tom Mullan is directly and beneficially interested in a total of 19,826 ordinary shares of the Company, equivalent to 0.03% of the Company's issued share capital.

Enquiries

Gresham Technologies plc	+44 (0) 207 653 0200
Ian Manocha
Tom Mullan
N+1 Singer (Financial Adviser and Broker)	+44 (0) 207 496 3000
Shaun Dobson / Lauren Kettle (Corporate Finance)
Tom Salvesen (Corporate Broking)

Inside information

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR").  Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

Note to editors

Gresham Technologies plc is a leading software and services company that specialises in providing real-time solutions for data integrity and control, banking integration, payments and cash management. Listed on the main market of the London Stock Exchange (GHT.L) and headquartered in the City of London, its customers include some of the world's largest financial institutions and corporates, all of whom are served locally from offices located in the UK, Europe, North America and Asia Pacific.

Gresham's award-winning Clareti software platform is a highly flexible and scalable platform, available on-site or in the cloud, designed to address today's most challenging financial control, risk management, data governance and regulatory compliance problems. Learn more at www.greshamtech.com.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ian Manocha
2	Reason for the notification
a)	Position/status	Chief Executive 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	Purchase
c)	Price(s) and volume(s)	Price	Volume
115p	13,685
d)	Aggregated information - Aggregated volume - Price	n/a - single transaction
e)	Date of the transaction	30 March 2020
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tom 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	Purchase
c)	Price(s) and volume(s)	Price	Volume
115p	8,886
d)	Aggregated information - Aggregated volume - Price	n/a - single transaction
e)	Date of the transaction	30 March 2020
f)	Place of the transaction	London Stock Exchange

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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