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Strategic Agreements

9 Dec 2015 07:00

RNS Number : 4233I
ULS Technology PLC
09 December 2015
 

 

ULS Technology plc

(The "Group" or the "Company")

 

Strategic Agreements

 

Strategic Agreements with a UK Challenger Bank and Top 5 UK House Builder

 

ULS Technology plc (AIM: ULS), the provider of online B2B platforms for the UK conveyancing and financial intermediary markets, announces it has signed two strategic agreements with new business partners.

 

The first agreement is with a leading challenger bank in the UK and supports the Company's stated strategy of growing its market share of the conveyancing market through securing new agreements with lenders in the UK.

 

The second agreement is with one of the UK's top 5 housebuilders and reflects a new initiative by the Company to penetrate the new build conveyancing markets through direct agreements with house builders.

 

Ben Thompson, Chief Executive of ULS Technology plc, commented: "I am pleased to announce we have reached agreement to launch our conveyancing service with these two strategic partners. In aggregate, these two agreements are expected to increase the Company's new instruction pipeline to further expand our share of the UK conveyancing market."

 

 

Enquiries:

ULS Technology plc

Tel: 01844 262392

Peter Opperman, Chairman

 

Ben Thompson, CEO

 

John Williams, Finance Director

 

 

Numis Securities Limited (Nomad & Broker)

Tel: 0207 260 1000

Stuart Skinner / Paul Gillam, Corporate Advisory

 

James Serjeant, Corporate Broking

 

 

Walbrook PR Limited

ulsgroup@walbrookpr.com

Paul Cornelius

or Tel: 020 7933 8780

Helen Cresswell

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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