Gresham House Income & Growth VCT plc (GHV1) has disclosed that Non-Executive Director Justin Ward and his spouse, Elizabeth Ann Ward, each purchased ordinary shares in the company through its Dividend Investment Scheme on 30 October 2026. The transactions were executed on the London Stock Exchange at a price of 0.5792 pence per share. The disclosure, made in accordance with EU Market Abuse Regulation requirements, confirms that the combined holding of Justin Ward and his closely associated persons now stands at 124,524 ordinary shares, representing 0.03% of the company's issued share capital.

Key Points

  • Gresham House Income & Growth VCT plc (GHV1)
  • Non-Executive Director Justin Ward and spouse Elizabeth Ann Ward purchased ordinary shares via the Dividend Investment Scheme on 30 October 2026
  • Justin Ward acquired 2,446 shares and Elizabeth Ann Ward acquired 2,211 shares, both at 0.5792 GBP per share, on the London Stock Exchange
  • Investors may watch for further director participation in the Dividend Investment Scheme as a signal of continued alignment with shareholder interests

Justin Ward and Elizabeth Ann Ward Purchase GHV1 Shares at 57.92p Through Dividend Investment Scheme

The company announcement confirms two separate but related transactions, both conducted on 30 October 2026. Justin Ward, serving as a Non-Executive Director of Gresham House Income & Growth VCT plc, purchased 2,446 ordinary shares of 1.00p each at a price of 0.5792 GBP per share. Simultaneously, Elizabeth Ann Ward, his spouse and a person closely associated with a person discharging managerial responsibilities, purchased 2,211 ordinary shares at the same price. Both transactions were executed on the London Stock Exchange and are classified as initial notifications under the EU Market Abuse Regulation framework.

GHV1 Dividend Investment Scheme Enables Reinvestment of Income Distributions Into New Ordinary Shares

Both purchases were made through the company's Dividend Investment Scheme, a mechanism that allows eligible shareholders, including directors and associated persons, to reinvest dividend income directly into new ordinary shares rather than receiving cash distributions. This type of scheme is a common feature among venture capital trusts, where tax-efficient income generation forms a central part of the investment proposition. Gresham House Income & Growth VCT plc is managed by Gresham House Asset Management Limited, which acts as the company's investment manager and company secretary, contactable through its London office.

Justin Ward's Combined Holding Reaches 124,524 Ordinary Shares, Equal to 0.03% of Issued Capital

Following both transactions, the announcement states that Justin Ward's total holdings, inclusive of those of closely associated persons, amount to 124,524 ordinary shares. This represents 0.03% of the company's total issued share capital. While the aggregate percentage remains modest, director participation in dividend reinvestment schemes can be viewed by investors as a demonstration of ongoing commitment to the vehicle. Gresham House Income & Growth VCT plc carries a LEI of 213800FPC15FNM74YD92, and its ordinary shares are identified by ISIN GB00B29BN198.