PDMR Exercise of Options

RNS Number : 4057Y

ULS Technology PLC

13 January 2022

 

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
John Williams, Chief Financial Officer
Numis Securities Limited (Nomad & Broker)	Tel: [phone]
Stuart Skinner / William Wickham
Walbrook PR Limited	[e-mail] or Tel: [phone]
Tom Cooper/ Nick Rome/ Nicholas Johnson

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 John Williams
2.	Reason for the notification
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
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
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

 

END

 

 

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