ULS Technology Plc
Directors' Dealings & Holdings in Company
ULS Technology plc (LSE:ULS, "Company" or "ULS") received notification on 20 January 2020 from Kestrel Partners LLP ("Kestrel") that on 17 January 2020 it acquired, on behalf of its discretionary clients, 7,000 ordinary shares of 0.4p each ("Shares") in the Company at a price of £0.63 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) 10,557,149 Shares in the Company, and other clients of Kestrel, in which Mr Scott has no beneficial interest hold 5,546,375 Shares in the Company.
On a combined basis, Kestrel indirectly holds voting rights over 16,103,524 Shares in the Company, which represents 24.97% 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 | 10,557,149 | 16.37% |
Indirect | JIM Nominees Limited | 1,271,799 | 1.97% |
Indirect | Bank of New York Nominees Ltd | 4,124,336 | 6.40% |
Indirect | Bank of New York Nominees Ltd | 150,240 | 0.23% |
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
ANNEX
Template for notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities / person closely | |
associated | ||
a) | Name | Kestrel Partners LLP ('Kestrel') |
2 | 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 | |||||
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 | 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) | |||||
Price(s) | Volume(s) | ||||
GBP 0.63 | 7,000 Shares | ||||
d) | Aggregated | ||||
information | Bought 7,000 Shares in total at £0.63 per share (total price £4,410.00). | ||||
- Aggregated | |||||
volume | |||||
- Price | |||||
e) | Date of the | 17/01/2020 | |||
transaction | |||||
f) | Place of the | London Stock Exchange | |||
transaction | |||||
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Disclaimer
ULS Technology plc published this content on 20 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2020 18:23:02 UTC