Source - RNS
RNS Number : 9096Y
ULS Technology PLC
07 January 2020

ULS Technology plc

(The "Company")


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 Oliver Scott as a non-executive director of the Company with immediate effect.


Oliver Scott is a partner of and Investment Manager for Kestrel and board appointee of various Kestrel investee companies. He has an extensive background in the investment industry, spending over 25 years at institutional investment and corporate finance houses. During the past 10 years he has held and continues to hold various non-executive directorships in public and private technology companies.


Geoff Wicks, Chairman ULS Technology plc, said: "We are delighted to welcome Oliver to the Board and look forward to working with him as we focus on organic growth and accelerating our investment into DigitalMove."


Other than the following, there is no information regarding Oliver's appointment that is required to be disclosed under Schedule 2(g) of the AIM Rules for Companies: 


Current directorships and/ or partnerships

Previous directorships and / or partnerships held within the last five years

Idox Plc

IQGeo Plc

Idox Trustees

Kestrel GP Limited

ZF Acquisitions Limited

KBC Advanced Technology PLC

ClearSpeed Technology

Kestrel Co-Investments (A) LP

Kestrel Partners LLP

Adam Street Founders LP

Kestrel Technology Holdings Ltd

Kestrel Investment Partners LLP

6PM Holdings PLC


Oliver Rupert Andrew Scott aged 52 is a Partner of Kestrel Partners LLP, which manages funds that in aggregate hold 16,068,045 ordinary shares in ULS representing an approximate 24.9% shareholding in the Company. Oliver has a personal shareholding in the Kestrel Opportunities Fund (one of the funds managed by Kestrel), as a result of which, he is deemed to be beneficially interested in the fund's entire holding of 10,557,149 ordinary shares in ULS representing an approximate 16.3% shareholding in the Company. Oliver has no direct shareholding in the Company.



ULS Technology plc

Tel: 01844 262392

Geoff Wicks, Chairman

Steve Goodall, CEO

John Williams, Finance Director



Numis Securities Limited (Nomad & Broker)

Tel: 0207 260 1000

Stuart Skinner / Paul Gillam



Walbrook PR Limited 

[email protected] or Tel: 020 7933 8780

Tom Cooper

Nick Rome

Nicholas Johnson


Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014) prior to its release as part of this announcement.


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