Source - LSE Regulatory
RNS Number : 5267X
ULS Technology PLC
04 May 2021
 

 

ULS Technology Plc

 

Directors' Dealings & Holdings in Company

ULS Technology plc (LSE:ULS, "Company" or "ULS") received notification on 04 May 2021 from Kestrel Partners LLP ("Kestrel") that on the 04 May 2021 it transferred out, on behalf of certain discretionary clients, 101,070 ordinary shares of 0.4p each ("Shares") in the Company as Kestrel no longer has discretion over these clients' portfolio. 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) 11,927,382 Shares in the Company, and other clients of Kestrel, in which Mr Scott has no beneficial interest hold 6,467,452 Shares in the Company.

On a combined basis, Kestrel indirectly holds voting rights over 18,394,834 Shares in the Company, which represents 28.36% 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

11,927,382

18.39%

Indirect

JIM Nominees Limited

1,041,824

1.61%

Indirect

Bank of New York Nominees Ltd

5,425,628

8.36%





 

For further information contact:

 

ULS Technology plc

Via Walbrook PR

 

 

Jesper With-Fogstrup, Chairman

 

 

 

John Williams, Chief Financial Officer

 

 

 

 

 

 

 

Numis Securities Limited (Nomad & Broker)

Tel: 0207 260 1000

 

 

Stuart Skinner / William Wickham

 

 

 

 

 

 

 

Walbrook PR Limited 

ulsgroup@walbrookpr.com or Tel: 020 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

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 /Amendment

 

 

Initial

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 financial instrument, type of instrument

 

Identification code

 

 

0.4p Ordinary Shares

 

 

 

ISIN: GB00BNG8T458

 

b)

 

Nature of the transaction

 

Transfer Out

c)

 

Price(s) and volume(s)

 

Transfer Out

04 May 2021

Price(s)

 

Volume(s)

Nil

 

101,070 shares

 

 

 

d)

 

Aggregated information

- Aggregated volume

- Price

 

Total Transfer of 101,070 shares at Nil Cost

 

e)

 

Date of the transaction

 

04/05/21

f)

 

Place of the transaction

London

 

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