Grant of Options

RNS Number : 9048I

ULS Technology PLC

31 March 2015

 

ULS Technology plc

("ULS", the "Company" or the "Group")

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 30 March 2015 it granted Ben Thompson, Managing Director, options to subscribe for 647,279 ordinary shares of 0.4p each, pursuant to the terms of the Company's Share Option Scheme.

All the options have an exercise price of 47.50p, being the closing mid-price on 27 March 2015, and are exercisable in equal tranches over a period of three, four and five years from date of grant.

Following the grant, Mr Thompson's interest in the Company totals 1,618,197 options over ordinary shares.  The total number of options outstanding over Ordinary Shares is 2,958,048, equivalent to 4.57% of the Company's existing issued share capital.

ULS Technology plc	Tel: [phone]
Peter Opperman, Chairman
Nigel Hoath, CEO
John Williams, Finance Director
Numis Securities Limited (Nomad & Broker)	Tel: [phone]
Stuart Skinner / Paul Gillam, Corporate Finance
James Serjeant, Corporate Broking
Walbrook PR Limited	[e-mail] or Tel: [phone]
Paul Cornelius	[e-mail]
Helen Cresswell	[e-mail]

About ULS

ULS offers a wide range of products and support services to the legal, property and financial services sector, the best known service to intermediaries being eConveyancer, the highly acclaimed and award winning conveyancing technology. ULS has also featured in the Sunday Times Tech Track 100 and is well placed to expand its presence in its current markets and to make inroads into new markets.

 

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