ULS Technology plc
(The "Company")
Directorate Change
ULS Technology plc (AIM:ULS), the provider of online B2B platforms for the UK conveyancing and financial intermediary markets, announces the appointment of Oliver Scott as a non-executive director of the Company with immediate effect.
Oliver Scott is a partner of and Investment Manager for Kestrel and board appointee of various Kestrel investee companies. He has an extensive background in the investment industry, spending over 25 years at institutional investment and corporate finance houses. During the past 10 years he has held and continues to hold various non-executive directorships in public and private technology companies.
Geoff Wicks, Chairman ULS Technology plc, said: "We are delighted to welcome Oliver to the Board and look forward to working with him as we focus on organic growth and accelerating our investment into DigitalMove."
Other than the following, there is no information regarding Oliver's appointment that is required to be disclosed under Schedule 2(g) of the AIM Rules for Companies:
Current directorships and/ or partnerships |
Previous directorships and / or partnerships held within the last five years |
Idox Plc |
IQGeo Plc |
Idox Trustees |
Kestrel GP Limited |
ZF Acquisitions Limited |
KBC Advanced Technology PLC |
ClearSpeed Technology |
Kestrel Co-Investments (A) LP |
Kestrel Partners LLP |
Adam Street Founders LP |
Kestrel Technology Holdings Ltd |
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Kestrel Investment Partners LLP |
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6PM Holdings PLC |
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Oliver Rupert Andrew Scott aged 52 is a Partner of Kestrel Partners LLP, which manages funds that in aggregate hold 16,068,045 ordinary shares in ULS representing an approximate 24.9% shareholding in the Company. Oliver has a personal shareholding in the Kestrel Opportunities Fund (one of the funds managed by Kestrel), as a result of which, he is deemed to be beneficially interested in the fund's entire holding of 10,557,149 ordinary shares in ULS representing an approximate 16.3% shareholding in the Company. Oliver has no direct shareholding in the Company.
Enquiries:
ULS Technology plc |
Tel: 01844 262392 |
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Geoff Wicks, Chairman |
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Steve Goodall, CEO |
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John Williams, Finance Director |
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Numis Securities Limited (Nomad & Broker) |
Tel: 0207 260 1000 |
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Stuart Skinner / Paul Gillam |
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Walbrook PR Limited |
ulsgroup@walbrookpr.com or Tel: 020 7933 8780 |
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Tom Cooper |
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Nick Rome |
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Nicholas Johnson |
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Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014) prior to its release as part of this announcement.