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ULS Technology takes chunk of HomeOwners Alliance

Tue, 01st Mar 2016 15:07

(ShareCast News) - ULS Technology expanded its B2C offering on Tuesday, acquiring a 35% stake in HomeOwners Alliance (HOA), and integrating its eConveyancer technology into the popular property web destination.The AIM-traded provider of online B2B platforms for the UK conveyancing and financial intermediary markets said the HomeOwners Alliance website was originally launched in 2012 as a membership organisation, serving up independent expert property-related articles and advice to homeowners and prospective buyers in Britain.It was now a leading UK property website, ULS's board explained, offering third party services for homeowners and those buying and selling domestic property in the UK.The website received almost three million visits in 2015, and at current rates of growth was on tract to receive around five million visits in 2016."ULS is delighted to have the opportunity to make an investment in this exciting, growing business which is focussed on the property sector within which ULS also operates," said CEO Ben Thompson."Our conveyancing and estate agency comparison products, which offer choice and value to the customer fit perfectly with HOA. In partnership with HOA we expect to provide expertise and funding to help them continue to grow while providing a direct-to-consumer platform for our products that fits both companies' corporate values," he added.Under the terms of the investment, ULS would integrate its eConveyancer technology into the HOA website, allowing visitors to obtain a conveyancing quote from ULS's panel of solicitors firms and conveyancers.The company's board said such an integration would increase B2C volumes through eConveyancer.Consideration for the 35% issued share capital of HomeOwners Alliance was valued at £575,000, of which £520,000 was to be satisfied through the company's existing cash resources.The remaining £55,000 would be satisfied through the issue of 100,182 new ordinary shares of 0.4p to be allotted to founder and CEO of HOA, Paula Higgins. ULS also lent £100,000 to HOA to repay shareholder debt outstanding to Higgins.

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3 Dec 2018 09:33

ULS Technology expands market share despite property market challenges

(Sharecast News) - ULS Technology reported on Monday that its interim profits grew after the company increased its market share in the re-mortgaging sector despite lower year-on-year housing market transactions.

30 Nov 2018 12:26

ULS Technology Re-Appoints Martin Rowland Non-Executive Director

LONDON (Alliance News) - ULS Technology PLC said Friday it appointed Martin Rowland as non-executive director of the property sale services firm with immediate effect.Rowland previously as

26 Nov 2018 16:05

UK Earnings, Trading Statements Calendar - Next 7 Days

Tuesday 27 November IntertekTrading Statement CranswickHalf Year Year Year Year Year

31 Oct 2018 11:07

ULS Warns On Market Slowdown But Will Report First-Half Growth

LONDON (Alliance News) - ULS Technology PLC shares dropped on Wednesday as the online platforms provider for the UK conveyancing and financial intermediary markets warned about the impact of a in

13 Jun 2018 13:23

ULS Appoints Sky Technology Director Bucknor As Non-Executive Director

LONDON (Alliance News) - ULS Technology PLC, a provider of online business-to-business platforms for the UK conveyancing and intermediary markets, said Wednesday it appointed Elaine Bucknor as is

26 Apr 2018 12:51

ULS Technology To Report Annual Performance Ahead Of Expectations

LONDON (Alliance News) - ULS Technology PLC, a provider of online business-to-business platforms for the UK conveyancing and intermediary markets, said on Thursday its 2018 performance will be of

4 Apr 2018 09:10

Mortgage Advice Bureau Appoints Former ULS CEO As Managing Director

LONDON (Alliance News) - Mortgage Advice Bureau PLC said on Wednesday that Ben Thompson has been appointed as managing director of the group with effect from June was most of

16 Jan 2017 12:41

Unicorn AIM Net Asset Value Stable In Final Quarter Of 2016

22 Nov 2016 11:41

ULS Technology lifts H1 profit, upbeat on growth prospects

(ShareCast News) - ULS Technology has upped its first-half pre-tax profit to £1.7m, from £1.5m, and issued an upbeat commentary on its growth prospects. The provider of online B2B platforms for the UK conveyancing and financial intermediary markets proposed an interim dividend of 1.1p a share, up 5%

22 Nov 2016 10:13

ULS Technology Expects Conveyancing Pickup In Second Half

1 Nov 2016 12:00

ULS Tech's half year profits in line with expectations

(ShareCast News) - ULS Technology, a provider of online platforms for the conveyancing and financial markets, reported that half year profits were in line with expectations against a downturn in the housing market in wake Brexit vote. In an update for the six months ended 30 September, revenue is ex

7 Sep 2016 16:30

ULS Technology develops Legal & General Mortgage Club platform

(ShareCast News) - Provider of online B2B platforms for the UK conveyancing and financial intermediary markets, ULS Technology, announces the launch of a new conveyancing service on Wednesday, developed exclusively for Lloyds Banking Group to launch with Legal & General Mortgage Club. The AIM-traded

7 Sep 2016 07:01

ULS Technology Launches New Conveyancing Service For L&G Mortgage Club

11 Aug 2016 16:30

ULS Technology appoints managing director to recently acquired Legal Eye

(ShareCast News) - ULS Technology has appointed Paul Saunders as managing director of its wholly owned compliance subsidiary Legal Eye. ULS, which provides online B2B platforms for the UK conveyancing and financial intermediary markets, said Saunders will join the Legal Eye team around 7 November 20

11 Aug 2016 09:58

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