8th Jul 2021 16:14
8 July 2021
Ultra Electronics Holdings plc(the "Company")PDMR Transaction Notification
The Company announces that on 22 June 2021, Thomas Link, President - Maritime Systems, elected to sell sufficient shares to cover the tax liabilities of the vesting of nil-cost conditional awards over ordinary shares of 5p each in the Company ("Ordinary Shares") at a price of £23.84 per ordinary share under the Company's Long Term Incentive Plan 2017.
Name | Status | No. of Options Exercised | No. of Shares sold to cover option costs, taxes and fees | No. of Shares retained |
Thomas Link | President Maritime | 1,288 | 346 | 942 |
Following the trade Mr Link now holds a total of 11,651 Ordinary Shares in the Company representing approximately 0.016% of the Company's issued share capital.
The Company also confirms that Jos Sclater Chief Financial Officer received 23 Ordinary Shares from an automatic dividend reinvestment platform on 20 May 2021 and Anne Sclater, a person closely associated with Jos Sclater received 43 Ordinary Shares also from an automatic dividend reinvestment platform on the 20 May 2021. Following the trade Mr Sclater and person's closely associated with him, now hold a total of 3,517 shares in the Company representing approximately 0.005% of the Company's issued share capital.
1. | Details of PDMR / person closely associated with them ("PCA") | ||||||||||
a) | Name | Thomas Link | |||||||||
b) | Position / status | President - Maritime Systems/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 | Vesting of nil cost conditional share awards. | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information - Aggregated volume - Price |
1,288 awards vested 346 shares sold to cover taxes and fees Total Price - £8,248.64 | |||||||||
e) | Date of the transaction | 8/7/21 | |||||||||
f) | Place of the transaction | London Stock Exchange | |||||||||
1. | Details of PDMR / person closely associated with them ("PCA") | ||||||||||
a) | Name | Mark Josceline Sclater | |||||||||
b) | Position / status | CFO & 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 | Dividend Reinvestment | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information - Aggregated volume - Price |
23
£469.89 | |||||||||
e) | Date of the transaction | 20.5.21 | |||||||||
f) | Place of the transaction | London Stock Exchange | |||||||||
1. | Details of PDMR / person closely associated with them ("PCA") | ||||||||||
a) | Name | Anne Sclater | |||||||||
b) | Position / status | PCA of Mark Josceline Sclater | |||||||||
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 | Dividend Reinvestment | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information - Aggregated volume - Price |
43
£878.49 | |||||||||
e) | Date of the transaction | 20.05.21 | |||||||||
f) | Place of the transaction | London Stock Exchange | |||||||||
Contact name and telephone number at Ultra Electronics Holdings plc for enquiries:Cherise Trumper, Assistant Company Secretary +44 (0)208 813 4321
Related Shares:
ULE.L