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Prices & Quotes - UK Markets - Gresham Technologies (GHT)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
172.00p
Change Today:
0.000p
Market Cap:
143.39m
Sector:
Software & Computer Services

Gresham grabs big bank contract

Date: Friday 26 Jul 2013

LONDON (ShareCast) - Real-time financial software provider Gresham Computing has won a 20-year global contract with a leading bank.

The FTSE Fledgling company said that a "leading Tier 1 bank" had signed up Gresham to provide its Clarity Transaction Control (CTC) technology for use in its wholesale banking business globally.

Gresham said the contract had an initial term of 20 years and was expected to generate revenues of roughly US$15m over that period.

Chief Executive Officer Chris Errington said: "We are delighted to be working with this new customer to deploy CTC, our innovative matching and reconciliation real-time technology.

"The bank selected CTC, following a competitive tender, as the technology that best met their forward-looking criteria for functionality, flexibility and performance."

Shares in Gresham Computing were up 5.5% to 87p at 14:32 on Friday.


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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

GHT Market Data

Currency UK Pounds
Price 172.00p
Change Today 0.000p
52 Week High 176.50p
52 Week Low 132.50p
Volume 8,037
Shares Issued 83.36m
Market Cap 143.39m
Beta 0.32

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GHT Dividends

  Latest Previous
  Final Final
Ex-Div 15-Apr-21 09-Apr-20
Paid 20-May-21 21-May-20
Amount 0.75p 0.75p

Trades for 03-Dec-2021

Time Volume / Share Price
09:52 5,753 @ 172.86p
08:03 2,284 @ 172.87p

GHT Key Personnel

CEO Ian Manocha