Director's Dealing • Jul 16, 2020
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 1438T
ULS Technology PLC
16 July 2020
ULS Technology plc
(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 15 July 2020 it granted a total of 1,000,000 options to subscribe for new ordinary shares of 0.4p each in the Company to the Executive Directors, pursuant to the terms of the Company's EMI Share Option Scheme.
At the same time, it also granted 750,000 options to Martin Rowland under an unapproved option agreement.
All the options have an exercise price of 53.9p, being the closing mid-price on 14 July 2020, and become exercisable three 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 |
| Steve Goodall | 500,000 | - | - | 1,150,000 |
| John Williams | 300,000 | 48,291 | 0.07% | 785,809 |
| Andrew Weston | 200,000 | 1,276,625 | 1.97% | 426,898 |
| Martin Rowland | 750,000 | 60,000 | 0.09% | 750,000 |
Enquiries:
| ULS Technology plc | Via Walbrook PR | |
| Steve Goodall, CEO | ||
| John Williams, CFO | ||
| Numis Securities Limited (Nomad & Broker) | Tel: 0207 260 1000 | |
| Stuart Skinner / Paul Gillam | ||
| Walbrook PR Limited | [email protected] or Tel: 020 7933 8780 | |
| Tom Cooper | ||
| Nick Rome | ||
| Nicholas Johnson | ||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Martin Rowland
2
Reason for the notification
a)
Position/status
Chairman
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
0.4p Ordinary Shares
Identification code
ISIN: GB00BNG8T458
b)
Nature of the transaction
Grant of options to acquire shares
c.
Price(s) and volume(s)
| Exercise Price(s) | Volumes(s) |
| 53.9 p per share | 750,000 |
d)
Aggregated information:
- Aggregated volume
750,000
- Total Exercise Price
£404,250
e)
Date of the transaction
15 July 2020
f)
Place of the transaction
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Steve Goodall
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
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
0.4p Ordinary Shares
Identification code
ISIN: GB00BNG8T458
b)
Nature of the transaction
Grant of options to acquire shares
c.
Price(s) and volume(s)
| Exercise Price(s) | Volumes(s) |
| 53.9 p per share | 500,000 |
d)
Aggregated information:
- Aggregated volume
500,000
- Total Exercise Price
£269,500
e)
Date of the transaction
15 July 2020
f)
Place of the transaction
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
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
0.4p Ordinary Shares
Identification code
ISIN: GB00BNG8T458
b)
Nature of the transaction
Grant of options to acquire shares
c.
Price(s) and volume(s)
| Exercise Price(s) | Volumes(s) |
| 53.9 p per share | 300,000 |
d)
Aggregated information:
- Aggregated volume
300,000
- Total Exercise Price
£161,700
e)
Date of the transaction
53.9 July 2020
f)
Place of the transaction
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andrew Weston
2
Reason for the notification
a)
Position/status
Innovation 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
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
0.4p Ordinary Shares
Identification code
ISIN: GB00BNG8T458
b)
Nature of the transaction
Grant of options to acquire shares
c.
Price(s) and volume(s)
| Exercise Price(s) | Volumes(s) |
| 53.9 p per share | 200,000 |
d)
Aggregated information:
- Aggregated volume
200,000
- Total Exercise Price
£107,800
e)
Date of the transaction
15 July 2020
f)
Place of the transaction
London Stock Exchange
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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