ULS Technology PLC Grant of Options (6315P)
February 19 2021 - 1:00AM
UK Regulatory
TIDMULS
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
----------------------------------------------
No. of options
granted over Holding No. of options
Ordinary No. of Ordinary as a % of over Ordinary
Name Shares Shares ISC 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 ulsgroup@walbrookpr.com 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 Initial Notification
/Amendment
---------------------------- -----------------------------------
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 0.4p Ordinary Shares
financial instrument,
type of instrument
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 GBP580,500
e) Date of the transaction 18 February 2021
---------------------------- -----------------------------------
f) Place of the transaction Outside a trading venue
---------------------------- -----------------------------------
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END
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