2 May 2017 09:46
ULS Technology plc
("ULS", the "Group" or the "Company")
Grant of Options
ULS Technology plc (AIM; ULS), the provider of online B2B platforms for the UK conveyancing and financial intermediary markets, announces that on 2 May 2017 it granted a total of 322,500 options to subscribe for new ordinary shares of 0.4p each in the Company to Stephen (Steve) Goodall, a Person of Direct Management Responsibility, pursuant to the terms of the Company's EMI Share Option Scheme.
All the options have an exercise price of 106.00p, being the closing mid-price on 28 April 2017, and become exercisable in equal tranches, three, four and five years from the date of grant.
The grants to Steve and his resultant holdings are shown in the table below:
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| Resulting interest in the Company | ||
Name | No. of options granted over Ordinary Shares | No. of Ordinary Shares | Holding as a % of ISC | No. of options over Ordinary Shares |
Stephen Goodall | 322,500 | - | - | 322,500 |
Enquiries:
ULS Technology plc | Tel: 01844 262392 | |
Peter Opperman, Chairman |
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Ben Thompson, CEO |
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John Williams, Finance Director |
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Numis Securities Limited (Nomad & Broker) | Tel: 0207 260 1000 | |
Stuart Skinner / Paul Gillam, Corporate Advisory |
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Michael Burke, Corporate Broking |
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Walbrook PR Limited | Tel: 020 7933 8780 | |
Paul Cornelius / Nick Rome | ulsgroup@walbrookpr.com | |
Helen Cresswell / Paul Whittington |
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DEALING NOTIFICATION FORMFOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name: | Mr Stephen Goodall |
2. | Reason for the notification |
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a) | Position/status: | Managing Director |
b) | Initial notification/Amendment: | Initial Notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) | Name: | ULS Technology plc |
b) | LEI: | N/A |
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) | Description of the financial instrument, type of instrument Identification Code | Ordinary Shares of £0.004 each
ISIN: GB00BNG8T458 |
b) | Nature of the transaction | Grant of options to acquire shares |
c) | Price(s) and volume | 322,500 options to acquire shares at £1.06 per share |
d) | Aggregated information | 322,500 options to acquire shares at £1.06 per share |
e) | Date of the transaction | 2 May 2017 |
f) | Place of the transaction | Outside a trading venue |