Harvest Technology Plc

Director's Dealing • Jul 29, 2020

National Storage Mechanism | Additional information

RNS Number : 4000U

ULS Technology PLC

29 July 2020

ULS Technology Plc

Directors' Dealings & Holdings in Company

ULS Technology plc (LSE:ULS, "Company" or "ULS") received notification on 28 July 2020 from Kestrel Partners LLP ("Kestrel") that on the 27 July 2020 and 28 July 2020 it purchased for its discretionary clients, 30,892 ordinary shares of 0.4p each ("Shares") in the Company at an average price of £0.65016 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 transaction, Kestrel Opportunities holds (and consequently Mr Scott is deemed to have a beneficial interest in) 11,369,125 Shares in the Company, and other clients of Kestrel, in which Mr Scott has no beneficial interest hold 6,462,810 Shares in the Company.

On a combined basis, Kestrel indirectly holds voting rights over 17,831,935 Shares in the Company, which represents 27.49% 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	11,369,125	17.53%
Indirect	JIM Nominees Limited	1,178,569	1.82%
Indirect	Bank of New York Nominees Ltd	5,174,141	7.98%
Indirect	Bank of New York Nominees Ltd	110,100	0.17%

For further information contact:

ULS Technology plc                                                                       +44 (0) 1844 262392 John Williams, Chief Financial Officer Steve Goodall, Chief Executive Officer Numis Securities Limited  (NOMAD and Broker)                      +44 (0) 20 7260 1000 Stuart Skinner Paul Gillam Walbrook PR Limited                                                                  +44 (0) 20 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:
27 July 2020
Price(s)	Volume(s)
GBP 0.647181	15,000 shares
28 July 2020
Price(s)	Volume(s)
GBP 0.652966	15,892 shares

d)

Aggregated information

- Aggregated volume

- Price

Total Purchase of 30,892 shares in total at an average of £0.65,016 per share (total price £20,084.65)

e)

Date of the transaction

27/07/20 & 28/07/20

f)

Place of the transaction

London Stock Exchange

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