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Director/PDMR Shareholding

16th Dec 2021 16:52

RNS Number : 9488V
Ultra Electronics Holdings PLC
16 December 2021
 

16 December 2021

Ultra Electronics Holdings plc

PDMR Transactions - Notification

Ultra Electronics Holdings plc (the "Company") announces that on 16 December 2021, Mark Josceline Sclater, Chief Financial Officer, exercised a nil cost recruitment LTIP option over 2,016 ordinary shares of 5p each in the Company ("Ordinary Shares") that vested on 10 December 2021. An additional 97 Dividend Equivalent awards were applied to the vesting, which were also exercised.

 

Name

Status

Total No. of Options exercised

No. of Shares sold to cover taxes and fees

No. of Shares retained net of taxes and fees

Mark Josceline Sclater

Chief Financial Officer

2,113

0

2,113

 

Following the trade Mr Sclater now holds a total of 5,503 Ordinary Shares in the Company representing approximately 0.008% of the Company's issued share capital.

 

The following notifications are made in accordance with Article 19 of the Market Abuse Regulation and Rule 3.1 of the Disclosure and Transparency Rules.

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Mark Josceline Sclater

2.

Reason for the notification

a)

Position / status

Chief Financial Officer/PDMR

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ultra Electronics Holdings plc

b)

LEI

213800E68EATZGAJIP64

 

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

Identification Code

5p Ordinary Shares

 

GB0009123323

b)

Nature of the transaction

Exercise of nil cost option recruitment award under the Company's Long Term Incentive Plan 2017

c)

Price(s) and volume(s)

Price

Volume(s)

Nil

2,016

 

d)

Aggregated information

Aggregated volume

Price

 

Total Number of shares - 2,016

Nil Price

 

e)

Date of the transaction

16/12/21

f)

Place of the transaction

London Stock Exchange

 

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Mark Josceline Sclater

2.

Reason for the notification

a)

Position / status

Chief Financial Officer/PDMR

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ultra Electronics Holdings plc

b)

LEI

213800E68EATZGAJIP64

 

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

Identification Code

5p Ordinary Shares

 

GB0009123323

b)

Nature of the transaction

Award of shares by way of dividend equivalent on the exercise of nil cost option recruitment award under the Company's Long Term Incentive Plan 2017

c)

Price(s) and volume(s)

Price

Volume(s)

Nil

97

d)

Aggregated information

Aggregated volume

Price

 

Total Number of shares - 97Nil Price

 

e)

Date of the transaction

16/12/21

f)

Place of the transaction

London Stock Exchange

 

 

 

 

 

Enquiries:

Alex DentDeputy Company Secretary +44 (0) 208 813 4321

 

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END
 
 
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