13 Jan 2022 17:00
ULS Technology plc
("ULS", the "Group" or the "Company")
PDMR Exercise of Options
ULS Technology plc (AIM; ULS), the provider of online B2B platforms for the UK conveyancing and
financial intermediary markets, announces that on 13 January 2022 John Williams, CFO, exercised 357,803 options to subscribe for new ordinary shares of 0.4p each in the Company and immediately sold those shares.
172,607 options exercised had an exercise price of 40.0p per share and 185,196 options exercised had an exercise price of 76.75p per share. All shares sold had a sale price of £0.83 per share. Both the exercise and the subsequent sale were done through the Employee Benefit Trust and there was no increase in share capital.
The net effect of the exercise and sale and the resultant holdings are shown in the table below:
| Resulting interest in the Company | ||
Name | No. of Ordinary Shares | Holding as a % of ISC | No. of options over Ordinary Shares |
John Williams | 48,291 | 0.07% | 341,702 |
For further information contact:
ULS Technology plc | Via Walbrook PR |
Jesper With-Fogstrup, CEO |
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John Williams, Chief Financial Officer |
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Numis Securities Limited (Nomad & Broker) | Tel: 0207 260 1000 |
Stuart Skinner / William Wickham |
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Walbrook PR Limited | ulsgroup@walbrookpr.com or Tel: 020 7933 8780 |
Tom Cooper/ Nick Rome/ Nicholas Johnson |
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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 John Williams |
2. | Reason for the notification |
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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 |
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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 |
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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 | Exercise of options and subsequent sale of shares |
c) | Price(s) and volume | Exercise of 172,607 options to acquire shares at £0.40 per share and sale of those shares at £0.83 per share Exercise of 185,196 options to acquire shares at £0.7675 per share and sale of those shares at £0.83 per share |
d) | Aggregated information | Exercise of 357,803 options to acquire shares at an average of £0.5902 per share and sale of those shares at £0.83 per share |
e) | Date of the transaction | 13 January 2022 |
f) | Place of the transaction | Outside a trading venue |