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Harvest Technology Plc

Director's Dealing Mar 7, 2022

2055_dirs_2022-03-07_aa321b77-77f2-453b-9de2-b84b0dfa1455.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 9127D

ULS Technology PLC

07 March 2022

ULS Technology Plc

Directors' Dealings & Holdings in Company

ULS Technology plc (LSE:ULS, "Company" or "ULS") received notification on 07 March 2022 from Kestrel Partners LLP ("Kestrel") that on the 03  March 2022 and 04 March 2022 it purchased for its discretionary clients, 26,000 ordinary shares of 0.4p each ("Shares") in the Company at an average price of £0.740069 per share. The notification also included the matters set out below.

Mr Scott, a non-executive director of ULS, is a partner of, and holds a beneficial interest in Kestrel. Mr Scott is also a shareholder in one of Kestrel's clients ("Kestrel Opportunities") and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in ULS.

Following this notification, Kestrel Opportunities holds (and consequently Mr Scott is deemed to have a beneficial interest in) 13,181,115 Shares in the Company, and other clients of Kestrel, in which Mr Scott has no beneficial interest hold 5,902,544 Shares in the Company.

On a combined basis, Kestrel indirectly holds voting rights over 19,083,659 Shares in the Company, which represents 29.42 per cent of the Company's issued share capital.

Kestrel's interest in the Shares in the Company is held through the following nominees:

Holding type Nominee No. of shares % of issued share capital
Indirect Bank of New York Nominees Ltd 13,181,115 20.33%
Indirect JIM Nominees Limited 476,500 0.73%
Indirect Bank of New York Nominees Ltd 5,426,044 8.36%

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: 0207 260 1000
Stuart Skinner / William Wickham
Walbrook PR Limited [email protected] or Tel: 020 7933 8780
Tom Cooper/ Nick Rome/ Nicholas Johnson

ANNEX

Template for 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

Kestrel Partners LLP ('Kestrel')

2

Reason for the notification

a)

Position/status

PCA - Oliver Rupert Andrew Scott (non-executive director of ULS Technology plc and Partner in Kestrel)

b)

Initial notification /Amendment

Initial

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

0.4p Ordinary Shares

ISIN: GB00BNG8T458

b)

Nature of the transaction

Purchase

c)

Price(s) and volume(s)

Purchase
03 March 2022
Price(s) Volume(s)
0.7467 8,000 shares
Purchase
04 March 2022
Price(s) Volume(s)
0.7371 18,000 shares

d)

Aggregated information

- Aggregated volume

- Price

Total Purchase of 26,000 shares at an average of £0.740069

e)

Date of the transaction

03 March 2022 and 04 March 2022

f)

Place of the transaction

London AIM

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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