Grant of Options

RNS Number : 4851S

ULS Technology PLC

21 December 2016

 

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 21 December 2016 it granted a total of 1,231,661 options to subscribe for new ordinary shares of 0.4p each in the Company to staff, including the Executive Directors, pursuant to the terms of the Company's EMI Share Option Scheme.

All the options have an exercise price of 76.75p, being the closing mid-price on 20 December 2016,

and become exercisable in equal tranches, three, four and five years from the date of grant.

The grants to the Directors and their resultant holdings are shown in the table below:

		Resulting interest in the Company
Name	No. of options granted over Ordinary Shares	No. of Ordinary Shares	Holding as a % of ISC	No. of options over Ordinary Shares
Ben Thompson	324,140	20,000	0.03%	1,942,337
John Williams	226,898	48,291	0.07%	485,809
Andrew Weston	226,898	1,276,625	1.97%	226,898

Enquiries:

ULS Technology plc		Tel: [phone]
Peter Opperman, Chairman
Ben Thompson, CEO
John Williams, Finance Director
Numis Securities Limited (Nomad & Broker)		Tel: [phone]
Stuart Skinner / Paul Gillam, Corporate Advisory
Michael Burke, Corporate Broking
Walbrook PR Limited	Tel: [phone]
Paul Cornelius / Nick Rome		[e-mail]
Helen Cresswell / Paul Whittington

DEALING NOTIFICATION FORM
FOR 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 Ben Thompson
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:	N/A
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 to acquire shares
c)	Price(s) and volume	324,140 options to acquire shares at £0.7675 per share
d)	Aggregated information	324,140 options to acquire shares at £0.7675 per share
e)	Date of the transaction	21 December 2016
f)	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Mr John Williams
2.	Reason for the notification
a)	Position/status:	Finance Director
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:	N/A
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 to acquire shares
c)	Price(s) and volume	226,898 options to acquire shares at £0.7675 per share
d)	Aggregated information	226,898 options to acquire shares at £0.7675 per share
e)	Date of the transaction	21 December 2016
f)	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Mr Andrew Weston
2.	Reason for the notification
a)	Position/status:	IT Director
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:	N/A
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 to acquire shares
c)	Price(s) and volume	226,898 options to acquire shares at £0.7675 per share
d)	Aggregated information	226,898 options to acquire shares at £0.7675 per share
e)	Date of the transaction	21 December 2016
f)	Place of the transaction	Outside a trading venue

 

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