ULS Technology PLC Commencement of new CEO (6354M)
January 25 2021 - 1:00AM
UK Regulatory
TIDMULS
RNS Number : 6354M
ULS Technology PLC
25 January 2021
ULS Technology plc
("ULS", the "Group" or the "Company")
Commencement of new CEO
ULS Technology plc (AIM:ULS), the provider of online platforms
to support UK consumers moving home , announces that the new Chief
Executive Officer ("CEO"), Jesper With-Fogstrup, has now commenced
his role at the Company.
As previously announced, Jesper has over 20 years' experience
within digital and technology businesses, joining the Company from
HSBC where he was Global Head of Digital as a Channel, prior to
which he was COO of Comparethemarket.com.
Current trading conditions remain buoyant with a large number of
instructions in the pipeline looking to complete in this quarter.
The Company continues to have a healthy balance sheet with zero
debt and substantial cash balances following the GBP27m Disposal of
Conveyancing Alliance Limited in November 2020.
Martin Rowland, Non-Executive Chairman, commented:
"We are delighted that Jesper has now started his role at the
Company. His knowledge base and experience will be invaluable as we
develop our platform. This is a pivotal moment in our trajectory,
and we look forward to working with Jesper as he develops our
proposition and growth opportunities.
"Importantly, Jesper brings considerable experience in digital
platforms and putting the consumer at the heart of the process. He
will help drive and deliver our ambition to become the portal of
choice for agents and consumers."
Jesper With-Fogstrup, CEO commented:
"ULS Technology's digital proposition is very exciting with
significant potential, meeting customer expectations and growing as
we expand the platform. The Company already has strong foundations
in place and I'm eager to develop the wealth of growth
opportunities as we create a platform that will revolutionise home
moving and ownership."
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 ulsgroup@walbrookpr.com or Tel: 020
7933 8780
Tom Cooper
Nick Rome
Nicholas Johnson
Certain information contained in this announcement would have
constituted inside information (as defined by Article 7 of
Regulation (EU) No 596/2014) prior to its release as part of this
announcement.
About ULS Technology:
ULS Technology ( https://www.ulstechnology.com ) was admitted to
AIM in July 2014. Its mission is to make the home-moving process
better for everyone. To date this has been mainly been achieved by
presenting the consumer, primarily via introducers, with a range of
quality conveyancers to choose from at competitive prices via
easy-to-use technology.
ULS is now going a step further with the development and launch
of customer focused online platform DigitalMove (
https://digitalmove.co.uk ).
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END
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