Directorate Change

RNS Number : 6725U

ULS Technology PLC

20 October 2014

 



ULS Technology plc

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

Directorate Change

ULS Technology plc (AIM; ULS), the provider of online B2B platforms for the UK conveyancing and financial intermediary markets, announces the appointment of Ben Thompson as Managing Director.

Mr Thompson's appointment will commence on 11 November, after leaving his current post as Director, Banks & Affinities at Legal & General.  Mr Thompson will assume responsibility for the day to day running of all ULS products and services, with a particular focus on extending ULS's relationships with mortgage providers, and will report into Mr Hoath, who will move to the role of CEO from Managing Director.  The appointment will enable Mr Hoath to focus on the strategic growth of the Group and delivering on the business plan.

 
Mr Thompson has worked in the financial services sector for 28 years and brings with him a wealth of experience, having held senior roles at Legal & General, St. James's Place, Paymentshield and Winterthur Life.

Commenting on the appointment, Nigel Hoath, CEO, said; "We are delighted to appoint Ben as the Managing Director of ULS.  He will concentrate on improving existing products and selling these to new clients. We are confident that his excellent relationships within banks, building societies and other mortgage providers will enable us to further broaden our client base.  Ben's appointment brings additional breadth and depth to our management team as we prepare for the next stages of growth."

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

Regulatory information

The following disclosures are made in accordance with the AIM Rules for Companies:

Mr Benjamin David Thompson, (aged 45) is, or has been, a director of the following companies during the past five years:

Current Directorships	Past Directorships
None	Legal & General Partnership Services Limited
	Legal & General Surveying Services

Mr Thompson currently holds no ordinary shares of 0.4p each in ULS Technology plc ("Ordinary Shares"). 

Save for the information above, there is no further information required to be disclosed in relation to Mr Thompson under AIM Rule 17 or Schedule Two, paragraph (g) of the AIM Rules for Companies.

About ULS

ULS offers a wide range of products and support services to the legal, property and financial services sector, the best known service to intermediaries being eConveyancer, the highly acclaimed and award winning conveyancing technology. ULS has also featured in the Sunday Times Tech Track 100 and is well placed to expand its presence in its current markets and to make inroads into new markets.

 

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