LONDON, UK: Alliance Bidco Ltd, a company indirectly owned by STG Partners has agreed on the terms and conditions of a recommended cash offer to acquire Gresham Technologies plc. Under the terms, each Gresham Technologies shareholder will be entitled to receive 163 pence in cash per share. In addition, prior to the effective date the…
LONDON, UK: Gresham Technologies has appointed Richard Last as independent non-executive Chair, effective immediately. Richard’s appointment follows a thorough and comprehensive process undertaken by the Nomination Committee, led by Andy Balchin, Senior Independent Non-Executive Director. Richard Last brings a wealth of public company experience to the Board and is currently Chair of Tribal Group Plc,…
LONDON, UK: Gresham Technologies plc (LON: GHT) wholly-owned subsidiary Gresham Enterprise Storage Inc., has entered into a conditional agreement to purchase the entirety of the issued and outstanding shares of common stock of Electra Information Systems for a total cash consideration of up to US$38.6 million including up to US$9.65 million in deferred consideration. Electra…
LONDON: Gresham Technologies has completed the acquisition of the entire issued share capital of Inforalgo Information Technology Limited on 28 July 2020 for a total consideration of up to £3.6 million, comprising initial consideration of £2.3 million and deferred consideration of up to £1.3 million, a news release said. The acquisition is expected to be…