28th Apr 2022 13:03
28 April 2022
Ultra Electronics Holdings plc
PDMR Transactions - Notification
Ultra Electronics Holdings plc (the "Company") announces that on 27 April 2022, Stephen Izquierdo, Group HR Officer, exercised nil-cost options over 13,389 ordinary shares of 5p each in the Company ("Ordinary Shares") that vested on 19 April 2022 under the Company's Long Term Incentive Plan 2017. Dividend Equivalent awards over 808 Ordinary Shares were applied to the vesting, which were also exercised.
In addition, Mr Izquierdo exercised nil cost options over 758 Ordinary Shares that vested on 13 December 2021 under a Recruitment Award granted under the Company's Long Term Incentive Plan 2017. Dividend Equivalent awards over 58 Ordinary Shares 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 |
Stephen Izquierdo | Chief HR Officer | 15,013 | 7,264 | 7,749 |
Following the trade Mr Izquierdo now holds a total of 8,585 Ordinary Shares in the Company representing approximately 0.012% 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 | Stephen Izquierdo | |||||||||
2. | Reason for the notification | ||||||||||
a) | Position / status | Chief HR 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 |
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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 award under the Company's Long Term Incentive Plan 2017 | |||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information Aggregated volume Price |
Total number of awards vested - 15,013
Total number of shares sold to cover taxes and fees - 7,264Total price - £231,260.34
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e) | Date of the transaction | 27/4/22 | |||||||||
f) | Place of the transaction | XLON - London Stock Exchange | |||||||||
Enquiries:
Cyd Trumper
Assistant Company Secretary +44 (0) 208 813 4321
Related Shares:
ULE.L