ULS Technology PLC Grant of Options (4851S)
December 21 2016 - 5:56AM
UK Regulatory
TIDMULS
RNS Number : 4851S
ULS Technology PLC
21 December 2016
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 21 December
2016 it granted a total of 1,231,661 options to subscribe for new
ordinary shares of 0.4p each in the Company to staff, including the
Executive Directors, pursuant to the terms of the Company's EMI
Share Option Scheme.
All the options have an exercise price of 76.75p, being the
closing mid-price on 20 December 2016,
and become exercisable in equal tranches, three, four and five
years from the date of grant.
The grants to the Directors and their 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
--------------- --------------- ---------- -------- ---------------
Ben Thompson 324,140 20,000 0.03% 1,942,337
John Williams 226,898 48,291 0.07% 485,809
Andrew
Weston 226,898 1,276,625 1.97% 226,898
--------------- --------------- ---------- -------- ---------------
Enquiries:
ULS Technology plc Tel: 01844 262392
Peter Opperman, Chairman
Ben Thompson, CEO
John Williams, Finance Director
Numis Securities Limited Tel: 0207 260 1000
(Nomad & Broker)
Stuart Skinner / Paul Gillam,
Corporate Advisory
Michael Burke, Corporate
Broking
Walbrook PR Limited Tel: 020 7933 8780
Paul Cornelius / Nick Rome ulsgroup@walbrookpr.com
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 Ben Thompson
--- ---------------------------------- ---------------------
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: 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 324,140 options
to acquire shares
at GBP0.7675 per
share
--- ---------------------------------- ---------------------
d) Aggregated information 324,140 options
to acquire shares
at GBP0.7675 per
share
--- ---------------------------------- ---------------------
e) Date of the transaction 21 December 2016
--- ---------------------------------- ---------------------
f) Place of the transaction Outside a trading
venue
--- ---------------------------------- ---------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ---------------------------------------------------------
a) Name: Mr John Williams
--- ---------------------------------- ---------------------
2. Reason for the notification
--- ---------------------------------- ---------------------
a) Position/status: Finance 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 226,898 options
to acquire shares
at GBP0.7675 per
share
--- ---------------------------------- ---------------------
d) Aggregated information 226,898 options
to acquire shares
at GBP0.7675 per
share
--- ---------------------------------- ---------------------
e) Date of the transaction 21 December 2016
--- ---------------------------------- ---------------------
f) Place of the transaction Outside a trading
venue
--- ---------------------------------- ---------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ---------------------------------------------------------
a) Name: Mr Andrew Weston
--- ---------------------------------- ---------------------
2. Reason for the notification
--- ---------------------------------- ---------------------
a) Position/status: IT 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 226,898 options
to acquire shares
at GBP0.7675 per
share
--- ---------------------------------- ---------------------
d) Aggregated information 226,898 options
to acquire shares
at GBP0.7675 per
share
--- ---------------------------------- ---------------------
e) Date of the transaction 21 December 2016
--- ---------------------------------- ---------------------
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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