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Grant of Options

28 Jun 2018 07:00

RNS Number : 8281S
ULS Technology PLC
28 June 2018
 

 

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 28 June 2018 Steve Goodall, CEO, was granted 327,500 options to subscribe for new ordinary shares of 0.4p each in the Company.

 

All the options granted have an exercise price of 134.25p, being the closing mid-market price on 27 June 2018, and become exercisable in equal tranches, three, four and five years from the date of grant.

 

The net effect of the grant and the resultant holdings are shown in the table below:

 

 

 

Resulting interest in the Company

Name

Options granted

No. of options over Ordinary Shares

Steve Goodall

327,500

650,000

 

 

Enquiries:

ULS Technology plc

Tel: 01844 262392

Geoff Wicks, Chairman

 

Steve Goodall, CEO

 

John Williams, Finance Director

 

 

 

Numis Securities Limited (Nomad & Broker)

Tel: 0207 260 1000

Stuart Skinner / Paul Gillam, Corporate Advisory

 

Michael Burke, Corporate Broking

 

 

 

Walbrook PR Limited

Tel: 020 7933 8780

Paul Cornelius / Nick Rome

ulsgroup@walbrookpr.com

Helen Cresswell / Sam Allen

 

   

 

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 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

Identification Code

Ordinary Shares of £0.004 each

 

 ISIN: GB00BNG8T458

b)

Nature of the transaction

Grant of options

c)

Price(s) and volume

Grant of 327,500 options to acquire shares at £1.3425 per share.

d)

Aggregated information

Grant of 327,500 options to acquire shares at £1.3425 per share at an aggregate exercise price of £439,668.80

e)

Date of the transaction

28 June 2018

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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