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Harvest Technology Plc

Major Shareholding Notification May 4, 2021

2055_dirs_2021-05-04_d0f798cd-0b6e-4c86-8740-5b2ec965fb8f.html

Major Shareholding Notification

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National Storage Mechanism | Additional information

RNS Number : 5267X

ULS Technology PLC

04 May 2021

ULS Technology Plc

Directors' Dealings & Holdings in Company

ULS Technology plc (LSE:ULS, "Company" or "ULS") received notification on 04 May 2021 from Kestrel Partners LLP ("Kestrel") that on the 04 May 2021 it transferred out, on behalf of certain discretionary clients, 101,070 ordinary shares of 0.4p each ("Shares") in the Company as Kestrel no longer has discretion over these clients' portfolio. 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) 11,927,382 Shares in the Company, and other clients of Kestrel, in which Mr Scott has no beneficial interest hold 6,467,452 Shares in the Company.

On a combined basis, Kestrel indirectly holds voting rights over 18,394,834 Shares in the Company, which represents 28.36% 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 11,927,382 18.39%
Indirect JIM Nominees Limited 1,041,824 1.61%
Indirect Bank of New York Nominees Ltd 5,425,628 8.36%

For further information contact:

ULS Technology plc Via Walbrook PR
Jesper With-Fogstrup, Chairman
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

Transfer Out

c)

Price(s) and volume(s)

Transfer Out
04 May 2021
Price(s) Volume(s)
Nil 101,070 shares

d)

Aggregated information

- Aggregated volume

- Price

Total Transfer of 101,070 shares at Nil Cost

e)

Date of the transaction

04/05/21

f)

Place of the transaction

London

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END

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