ULS Technology PLC Grant of Options (8758D)

TIDMULS

RNS Number : 8758D

ULS Technology PLC

02 May 2017

ULS Technology plc

("ULS", 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 2 May 2017 it granted a total of 322,500 options to subscribe for new ordinary shares of 0.4p each in the Company to Stephen (Steve) Goodall, a Person of Direct Management Responsibility, pursuant to the terms of the Company's EMI Share Option Scheme.

All the options have an exercise price of 106.00p, being the closing mid-price on 28 April 2017, and become exercisable in equal tranches, three, four and five years from the date of grant.

The grants to Steve and his resultant holdings are shown in the table below:

 
                                   Resulting interest in the 
                                             Company 
                             ------------------------------------- 
             No. of 
              options 
              granted         No. of      Holding   No. of options 
              over Ordinary    Ordinary    as a %    over Ordinary 
 Name         Shares           Shares      of ISC    Shares 
----------  ---------------  ----------  --------  --------------- 
 Stephen 
  Goodall    322,500          -           -                322,500 
----------  ---------------  ----------  --------  --------------- 
 

Enquiries:

 
  ULS Technology plc                                        Tel: [phone] 
  Peter Opperman, Chairman 
  Ben Thompson, CEO 
  John Williams, Finance Director 
 
  Numis Securities Limited                                 Tel: [phone] 
   (Nomad & Broker) 
  Stuart Skinner / Paul Gillam, 
   Corporate Advisory 
  Michael Burke, Corporate 
   Broking 
 
  Walbrook PR Limited                                      Tel: [phone] 
  Paul Cornelius / Nick Rome                          [e-mail] 
  Helen Cresswell / Paul Whittington 
 
 

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 Stephen Goodall 
---  ----------------------------------  ---------------------- 
 2.   Reason for the notification 
---  ----------------------------------  ---------------------- 
 a)   Position/status:                    Managing Director 
---  ----------------------------------  ---------------------- 
 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:                                N/A 
---  ----------------------------------  ---------------------- 
 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        Ordinary Shares 
       instrument, type of instrument      of GBP0.004 each 
       Identification Code                 ISIN: GB00BNG8T458 
---  ----------------------------------  ---------------------- 
 b)   Nature of the transaction           Grant of options 
                                           to acquire shares 
---  ----------------------------------  ---------------------- 
 c)   Price(s) and volume                 322,500 options 
                                           to acquire shares 
                                           at GBP1.06 per share 
---  ----------------------------------  ---------------------- 
 d)   Aggregated information              322,500 options 
                                           to acquire shares 
                                           at GBP1.06 per share 
---  ----------------------------------  ---------------------- 
 e)   Date of the transaction             2 May 2017 
---  ----------------------------------  ---------------------- 
 f)   Place of the transaction            Outside a trading 
                                           venue 
---  ----------------------------------  ---------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 02, 2017 04:46 ET (08:46 GMT)