12th Mar 2021 16:36
12 March 2021
Ultra Electronics Holdings plc
PDMR Transactions - Notification
Ultra Electronics Holdings plc (the "Company") announces that on 11 March 2021, Michael Baptist, President, Intelligence & Communications ("I&C"), exercised options over 2,496 ordinary shares of 5p each in the Company ("Ordinary Shares") at an exercise price of £18.29 per ordinary share under the Company's Executive Share Option Scheme 2007 and Company Share Option Plan 2007. Mr Baptist subsequently sold 2,295 shares at £20.28 per ordinary share, to cover option costs and tax.
Name | Status | No. of Options Exercised | No. of Shares sold to cover option costs, taxes and fees | No. of Shares retained |
Mike Baptist | President I&C | 2,496 | 2,295 | 201 |
Following the trade Mr Baptist now holds a total of 4,728 Ordinary Shares in the Company representing approximately 0.007% of the Company's issued share capital.
The Company further announces that on 11 March 2021, Louise Ruppel, General Counsel and Company Secretary, exercised a nil cost LTIP recruitment award of 3,711 ordinary shares of 5p each in the Company ("Ordinary Shares").
Name | Status | No. of Shares vested | No. of Shares sold to cover taxes and fees | No. of Shares retained net of taxes and fees |
Louise Ruppel | General Counsel & Company Secretary | 3,711 | 1,565 | 2,146 |
Following the trade Ms Ruppel now holds a total of 4,292 Ordinary Shares in the Company representing approximately 0.006% 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 | Michael Baptist | |||||||
b) | Position / status | President I&C/PDMR | |||||||
c) | Initial notification / amendment | Initial notification | |||||||
2 | 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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3. | 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 Options | |||||||
c) | Price(s) and volume(s) |
| |||||||
d) | Aggregated information Aggregated volume Price |
2,496 £45,651.84 | |||||||
e) | Date of the transaction | 11/3/21 | |||||||
f) | Place of the transaction | Off market | |||||||
1. | Details of PDMR / person closely associated with them ("PCA") | ||||||||
a) | Name | Michael Baptist | |||||||
b) | Position / status | President I&C/PDMR | |||||||
c) | Initial notification / amendment | Initial notification | |||||||
2 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||
a) | Name | Ultra Electronics Holdings plc | |||||||
b) | LEI | 213800E68EATZGAJIP64 |
| ||||||
3. | 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 | Sale of Shares to cover exercise cost and taxes | |||||||
c) | Price(s) and volume(s) |
| |||||||
d) | Aggregated information Aggregated volume Price |
2,295 £46,542.60
| |||||||
e) | Date of the transaction | 11/3/21 | |||||||
f) | Place of the transaction | London Stock Exchange | |||||||
1. | Details of PDMR / person closely associated with them ("PCA") | ||||||||||
a) | Name | Louise Ruppel | |||||||||
b) | Position / status | General Counsel and Company Secretary/PDMR | |||||||||
c) | Initial notification / amendment | Initial notification | |||||||||
2 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
a) | Name | Ultra Electronics Holdings plc | |||||||||
b) | LEI | 213800E68EATZGAJIP64 |
| ||||||||
3. | 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 LTIP Awards | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information Aggregated volume Price |
Total Number of shares vested - 3,711
Total Number of shares sold to cover taxes and fees - 1,565 Total Price - £31,738.20 | |||||||||
e) | Date of the transaction | 11/3/21 | |||||||||
f) | Place of the transaction | London Stock Exchange | |||||||||
Enquiries:
Cherise Trumper +44 (0) 208 813 4321
For and on behalf of Ultra Electronics Holdings plc
Louise Ruppel
General Counsel & Company Secretary
Related Shares:
ULE.L