Director/PDMR Shareholding

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26/01/2022 10:50

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RNS Number : 7141Z  ULS Technology PLC  26 January 2022

 

ULS Technology Plc

 

Directors' Dealings & Holdings in Company

ULS Technology plc (LSE:ULS, "Company" or "ULS") received notification on 26
January 2022 from Kestrel Partners LLP ("Kestrel") that on the 24 January
& 25 January 2022 it purchased for its discretionary clients, 27,700
ordinary shares of 0.4p each ("Shares") in the Company at an average price of
£0.829872 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) 12,993,504 Shares in the
Company, and other clients of Kestrel, in which Mr Scott has no beneficial
interest hold 5,902,128 Shares in the Company.

On a combined basis, Kestrel indirectly holds voting rights over 18,895,632
Shares in the Company, which represents 29.13 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  12,993,504     20.04%
 Indirect      JIM Nominees Limited           476,500        0.73%
 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, CEO
     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

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  0.4p Ordinary Shares

      Identification code

                                                                   ISIN: GB00BNG8T458

 b)   Nature of the transaction                                    Purchase

 c)   Price(s) and volume(s)                                       Purchase

                                                            24 January 2022
                                                                   Price(s)  Volume(s)

                                                                   0.8288    15,000 shares

                                                                   25 January 2022
                                                                   Price(s)  Volume(s)

                                                                   0.830944  12,700 shares

 

 d)   Aggregated information

      - Aggregated volume                                          Total Purchase of 27,700 shares at an average of £0.829872

      - Price
 e)   Date of the transaction                                      24 January & 25 January 2022

 f)   Place of the transaction                                     London AIM

 

 

d)

 

Aggregated information

- Aggregated volume

- Price

 

Total Purchase of 27,700 shares at an average of £0.829872

 

e)

 

Date of the transaction

 

24 January & 25 January 2022

 

f)

 

Place of the transaction

London AIM

 

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