ULS Technology PLC Grant of Options (8281S)

TIDMULS

RNS Number : 8281S

ULS Technology PLC

28 June 2018

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 28 June 2018 Steve Goodall, CEO, was granted 327,500 options to subscribe for new ordinary shares of 0.4p each in the Company.

All the options granted have an exercise price of 134.25p, being the closing mid-market price on 27 June 2018, and become exercisable in equal tranches, three, four and five years from the date of grant.

The net effect of the grant and the resultant holdings are shown in the table below:

 
                                       Resulting interest in 
                                             the Company 
                                   ----------------------------- 
                                    No. of options over Ordinary 
 Name             Options granted    Shares 
---------------  ----------------  ----------------------------- 
 Steve Goodall    327,500                                650,000 
 

Enquiries:

 
  ULS Technology plc                                             Tel: [phone] 
  Geoff Wicks, Chairman 
  Steve Goodall, CEO 
  John Williams, Finance Director 
 
  Numis Securities Limited (Nomad &                             Tel: [phone] 
   Broker) 
  Stuart Skinner / Paul Gillam, Corporate 
   Advisory 
  Michael Burke, Corporate Broking 
 
  Walbrook PR Limited                                           Tel: [phone] 
  Paul Cornelius / Nick Rome                               [e-mail] 
  Helen Cresswell / Sam Allen 
 
 

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 Steve Goodall 
     -----------------------------------------  ---------------------------- 
 2.   Reason for the notification 
     -----------------------------------------  ---------------------------- 
 a)   Position/status:                           Chief Executive 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,   Ordinary Shares of GBP0.004 
       type of instrument                         each 
       Identification Code                        ISIN: GB00BNG8T458 
     -----------------------------------------  ---------------------------- 
 b)   Nature of the transaction                  Grant of options 
     -----------------------------------------  ---------------------------- 
 c)   Price(s) and volume                        Grant of 327,500 options 
                                                  to acquire shares at 
                                                  GBP1.3425 per share. 
     -----------------------------------------  ---------------------------- 
 d)   Aggregated information                     Grant of 327,500 options 
                                                  to acquire shares at 
                                                  GBP1.3425 per share at 
                                                  an aggregate exercise 
                                                  price of GBP439,668.80 
     -----------------------------------------  ---------------------------- 
 e)   Date of the transaction                    28 June 2018 
     -----------------------------------------  ---------------------------- 
 f)   Place of the transaction                   Outside a trading venue 
     -----------------------------------------  ---------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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June 28, 2018 02:01 ET (06:01 GMT)