PDMR Exercise of Options
13/01/2022 17:00
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RNS Number : 4057Y ULS Technology PLC 13 January 2022
ULS Technology plc
("ULS", the "Group" or the "Company")
PDMR Exercise of Options
ULS Technology plc (AIM; ULS), the provider of online B2B platforms for the UK
conveyancing and
financial intermediary markets, announces that on 13 January 2022 John
Williams, CFO, exercised 357,803 options to subscribe for new ordinary shares
of 0.4p each in the Company and immediately sold those shares.
172,607 options exercised had an exercise price of 40.0p per share and 185,196
options exercised had an exercise price of 76.75p per share. All shares sold
had a sale price of £0.83 per share. Both the exercise and the subsequent
sale were done through the Employee Benefit Trust and there was no increase in
share capital.
The net effect of the exercise and sale and the resultant holdings are shown
in the table below:
Resulting interest in the Company
Name No. of Ordinary Shares Holding as a % of ISC No. of options over Ordinary Shares
John Williams 48,291 0.07% 341,702
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
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY
ASSOCIATED PERSONS
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Mr John Williams
2. Reason for the notification
a) Position/status: Chief Financial Officer
b) Initial notification/Amendment: Initial Notification
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 Ordinary Shares of £0.004 each
Identification Code
ISIN: GB00BNG8T458
b) Nature of the transaction Exercise of options and subsequent sale of shares
c) Price(s) and volume Exercise of 172,607 options to acquire shares at £0.40 per share and sale of
those shares at £0.83 per share
Exercise of 185,196 options to acquire shares at £0.7675 per share and sale
of those shares at £0.83 per share
d) Aggregated information Exercise of 357,803 options to acquire shares at an average of £0.5902 per
share and sale of those shares at £0.83 per share
e) Date of the transaction 13 January 2022
f) Place of the transaction Outside a trading venue
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