Director Dealing

RNS Number : 1102M

ULS Technology PLC

18 January 2016

 

ULS Technology plc

("ULS", the "Company" or the "Group")

Director Dealing

ULS Technology plc, the provider of online B2B platforms for the UK conveyancing and financial intermediary markets, announces that it was informed on 15 January 2016 that on that date, Mr Nigel Hoath, non-executive director, sold 10,000,000 ordinary shares of 0.4p each in the Company ("Share(s)") at a price of 45p per Share. Following this transaction, Mr Hoath's holding in the Company is 7,628,414 Shares, which represent approximately 11.8 per cent of the Company's issued share capital. Mr Hoath has sold these shares to fund property investment opportunities. He remains a fully supportive member of the board and has confirmed that he will not be seeking to sell any further shares for at least six months.

In addition, the Company announces that it was informed on 15 January 2016 that on that date, Mr Peter Opperman, chairman, purchased 45,000 Shares at a price of 45p per Share. Following this transaction, Mr Opperman's holding in the Company is 2,704,625 Shares, which represent approximately 4.2 per cent of the Company's issued share capital.

In addition, the Company announces that it was informed on 15 January 2016 that on that date, Mr Geoff Wicks, non-executive director, purchased 22,000 Shares at a price of 45p per Share. Following this transaction, Mr Wicks' holding in the Company is 52,000 Shares, which represent approximately 0.1 per cent of the Company's issued share capital.

Enquiries:

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

 

END

 

 

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