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New Lloyds Banking Group Contract

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RNS Number : 2116B  ULS Technology PLC  10 February 2022

ULS Technology plc

(The "Group" or the "Company")

New Lloyds Banking Group Contract

ULS Technology plc (AIM: ULS), the provider of online digital platforms for
the UK conveyancing and financial intermediary markets, announces an
additional service with the Lloyds Banking Group ("LBG"), for the provision of
remortgage services.

 

This contract builds on the Company's long-standing relationship with LBG and
highlights the strength and growing importance of its broad range of
solutions.

 

Under this new service, ULS is providing LBG with support for its
fees-assisted remortgage product line in England & Wales, which will
enable LBG to meet growing demand and speed up transactions.

 

Jesper With-Fogstrup, CEO of ULS Technology plc, commented: "We are delighted
to strengthen our long-standing relationship with LBG and believe that this
additional contract provides further endorsement of our ability to deliver and
provide innovative solutions for both existing and new clients.

 

"It's important to provide solutions for various market conditions, enabling
our clients to provide rapidly scalable solutions, which benefit their
customers. We are able to tailor products specifically for clients and believe
our flexibility and innovative solutions will provide further opportunities
for growth within LBG and the lender sector in general as we further build out
our routes to market."

 

 

Enquiries:

 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

 

About ULS Technology:

ULS Technology ( https://www.ulstechnology.com
(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 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, helping customers by making it easier to buy,
sell and own a home through the leading DigitalMove property platform
( https://digitalmove.co.uk (https://digitalmove.co.uk/)  ).

 

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