16 Jul 2020 07:00
ULS Technology plc
(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 15 July 2020 it granted a total of 1,000,000 options to subscribe for new ordinary shares of 0.4p each in the Company to the Executive Directors, pursuant to the terms of the Company's EMI Share Option Scheme.
At the same time, it also granted 750,000 options to Martin Rowland under an unapproved option agreement.
All the options have an exercise price of 53.9p, being the closing mid-price on 14 July 2020, and become exercisable three years from the date of grant.
The grants to the Directors and their resultant holdings are shown in the table below:
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 |
Steve Goodall | 500,000 | - | - | 1,150,000 |
John Williams | 300,000 | 48,291 | 0.07% | 785,809 |
Andrew Weston | 200,000 | 1,276,625 | 1.97% | 426,898 |
Martin Rowland | 750,000 | 60,000 | 0.09% | 750,000 |
Enquiries:
ULS Technology plc | Via Walbrook PR | |
Steve Goodall, CEO | ||
John Williams, CFO | ||
Numis Securities Limited (Nomad & Broker) | Tel: 0207 260 1000 | |
Stuart Skinner / Paul Gillam | ||
Walbrook PR Limited | ulsgroup@walbrookpr.com or Tel: 020 7933 8780 | |
Tom Cooper | ||
Nick Rome | ||
Nicholas Johnson | ||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Martin Rowland
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chairman | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| ULS Technology plc | ||||
b)
| LEI
| 213800TDUOUSIQT2OT29 | ||||
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
| |||||
a)
| Description of the financial instrument, type of instrument | 0.4p Ordinary Shares | ||||
Identification code | ISIN: GB00BNG8T458 | |||||
b)
| Nature of the transaction
| Grant of options to acquire shares | ||||
c. | Price(s) and volume(s) |
| ||||
d)
| Aggregated information: | |||||
- Aggregated volume | 750,000 | |||||
- Total Exercise Price | £404,250 | |||||
e)
| Date of the transaction
| 15 July 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Steve Goodall
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Executive Officer | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| ULS Technology plc | ||||
b)
| LEI
| 213800TDUOUSIQT2OT29 | ||||
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
| |||||
a)
| Description of the financial instrument, type of instrument | 0.4p Ordinary Shares | ||||
Identification code | ISIN: GB00BNG8T458 | |||||
b)
| Nature of the transaction
| Grant of options to acquire shares | ||||
c. | Price(s) and volume(s) |
| ||||
d)
| Aggregated information: | |||||
- Aggregated volume | 500,000 | |||||
- Total Exercise Price | £269,500 | |||||
e)
| Date of the transaction
| 15 July 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| John Williams
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Financial Officer | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| ULS Technology plc | ||||
b)
| LEI
| 213800TDUOUSIQT2OT29 | ||||
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
| |||||
a)
| Description of the financial instrument, type of instrument | 0.4p Ordinary Shares | ||||
Identification code | ISIN: GB00BNG8T458 | |||||
b)
| Nature of the transaction
| Grant of options to acquire shares | ||||
c. | Price(s) and volume(s) |
| ||||
d)
| Aggregated information: | |||||
- Aggregated volume | 300,000 | |||||
- Total Exercise Price | £161,700 | |||||
e)
| Date of the transaction
| 53.9 July 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Andrew Weston
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Innovation Director | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| ULS Technology plc | ||||
b)
| LEI
| 213800TDUOUSIQT2OT29 | ||||
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
| |||||
a)
| Description of the financial instrument, type of instrument | 0.4p Ordinary Shares | ||||
Identification code | ISIN: GB00BNG8T458 | |||||
b)
| Nature of the transaction
| Grant of options to acquire shares | ||||
c. | Price(s) and volume(s) |
| ||||
d)
| Aggregated information: | |||||
- Aggregated volume | 200,000 | |||||
- Total Exercise Price | £107,800 | |||||
e)
| Date of the transaction
| 15 July 2020 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||