Gresham year end trading update showed revenues, adjusted EBITDA and cash performed in line with expectations. CTC continues to be the growth engine with software sales up 212% y-o-y. CTC new customer wins (11) are from all over the globe with use cases ranging from financial control to data integrity assurance during business transition. The group also launched its cloud service and made investments in sales and marketing to support continued momentum. With CTC at its core, the group is building a leadership position in a new category of enterprise data integrity where we believe there is significant opportunity. Prospects remain bright.