Gresham Technologies (GB:GHT) has released an update.
Gresham Technologies, a leader in data integrity and financial control solutions, reports a profitable year with audited results for 2023 highlighting a 5% increase in Clareti Annualised Recurring Revenue to £29.5m and a 2% rise in Group revenues to £49.0m. The company announced a successful transformation into a modern subscription software and cloud services business, showing confidence in its growth strategy and long-term value creation. Additionally, a recommended acquisition offer by Alliance Bidco Ltd has been made at 163 pence per share, plus a declared interim dividend of 0.75 pence per share.
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