Remuneration Information • Feb 19, 2021
Remuneration Information
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RNS Number : 6315P
ULS Technology PLC
19 February 2021
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 18 February 2021 it granted a total of 675,000 options to subscribe for new ordinary shares of 0.4p each in the Company to Jesper With-Fogstrup, the Group's Chief Executive Officer, pursuant to the terms of the Company's EMI Share Option Scheme.
All the options have an exercise price of 86.0p, being the closing mid-price on 17 February 2021, and become exercisable three years from the date of grant and are subject to various performance conditions.
The grant to Jesper and his resultant holding is 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 |
| Jesper With-Fogstrup |
675,000 | 25,000 | 0.04 | 675,000 |
Enquiries:
| ULS Technology plc | Via Walbrook PR | |
| Jesper With-Fogstrup, Chief Executive Officer | ||
| John Williams, Chief Financial Officer | ||
| Numis Securities Limited (Nomad & Broker) | Tel: 0207 260 1000 | |
| Stuart Skinner / William Wickham | ||
| 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
Jesper With-Fogstrup
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) |
| 86 p per share | 675,000 |
d)
Aggregated information:
- Aggregated volume
675,000
- Total Exercise Price
£580,500
e)
Date of the transaction
18 February 2021
f)
Place of the transaction
Outside a trading venue
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