ULS Technology Plc
Directors' Dealings & Holdings in Company
ULS Technology plc (LSE:ULS, "Company" or "ULS") received notification on 20 March 2020 from Kestrel Partners LLP ("Kestrel") that on the 18 March 2020 and 19 March 2020 it purchased for its discretionary clients, 23,756 ordinary shares of 0.4p each ("Shares") in the Company at an average price of £0.42789 per share. The notification also included the matters set out below.
Mr Scott, a non-executive director of ULS, is a partner of, and holds a beneficial interest in Kestrel. Mr Scott is also a shareholder in one of Kestrel's clients ("Kestrel Opportunities") and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in ULS.
Following this transaction, Kestrel Opportunities holds (and consequently Mr Scott is deemed to have a beneficial interest in) 10,744,342 Shares in the Company, and other clients of Kestrel, in which Mr Scott has no beneficial interest hold 5,729,811 Shares in the Company.
On a combined basis, Kestrel indirectly holds voting rights over 16,474,153 Shares in the Company, which represents 25.40% per cent of the Company's issued share capital.
Kestrel's interest in the Shares in the Company is held through the following nominees:
Holding type | Nominee | No. of shares | % of issued share capital |
Indirect | Bank of New York Nominees Ltd | 10,744,342 | 16.56% |
Indirect | JIM Nominees Limited | 1,167,569 | 1.80% |
Indirect | Bank of New York Nominees Ltd | 4,448,742 | 6.87% |
Indirect | Bank of New York Nominees Ltd | 113,500 | 0.17% |
For further information contact: | |||
ULS Technology plc | +44 (0) 1844 262392 |
John Williams, Finance Director
Steve Goodall, Chief Executive Officer
Numis Securities Limited (NOMAD and Broker) | +44 (0) 20 7260 1000 |
Stuart Skinner | |
Paul Gillam | |
Walbrook PR Limited | +44 (0) 20 7933 8780 |
Tom Cooper | |
Nick Rome | |
Nicholas Johnson |
ANNEX
Template for notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
- Details of the person discharging managerial responsibilities / person closely associated
a) Name | Kestrel Partners LLP ('Kestrel') |
- Reason for the notification
a) | Position/status | PCA - Oliver Rupert Andrew Scott (non-executive director of ULS |
Technology plc and Partner in Kestrel) | ||
b) | Initial notification | Initial |
/Amendment | ||
- Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) | Name | ULS Technology plc |
b) | LEI | 213800TDUOUSIQT2OT29 |
- 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 | 0.4p Ordinary Shares | |||
financial instrument, | |||||
type of instrument | |||||
Identification code | ISIN: GB00BNG8T458 | ||||
b) | Nature of the | Purchase | |||
transaction | |||||
c) | Price(s) and | Purchase: | |||
volume(s) | |||||
18 March 2020 | |||||
Price(s) | Volume(s) | ||||
GBP 0.426362 | 13,745 shares | ||||
19 March 2020 | |||||
Price(s) | Volume(s) | ||||
GBP 0.429989 | 10,011 shares | ||||
- Aggregated information
- Aggregated volume
- Price
- Date of the transaction
- Place of the transaction
Total Purchase of 23,756 shares in total at an average of £0.42789 per share (total price £10,164.97).
18/03/2020 and 19/03/20
London Stock Exchange
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Disclaimer
ULS Technology plc published this content on 20 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 March 2020 16:43:08 UTC