27th Apr 2022 16:22
27 April 2022
Ultra Electronics Holdings plc
PDMR Transactions - Notification
Ultra Electronics Holdings plc (the "Company") announces that on 26 April 2022, Michael Baptist, President I&C, exercised nil-cost options over 14,581 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 881 Ordinary Shares were applied to the vesting, which were also exercised. Mr Baptist subsequently then sold sufficient shares to cover taxes and fees, plus 50% of the remaining shares.
Name | Status | Total No. of Options exercised | No. of Shares sold to cover taxes and fees | 50% of remaining shares sold | Total Shares Sold | No. of Shares retained |
Michael Baptist | President I&C | 15,462 | 7,482 | 3,990 | 11,472 | 3,990 |
Following the trade Mr Baptist now holds a total of 12,187 Ordinary Shares in the Company representing approximately 0.017% 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 | ||||||||
2. | Reason for the notification | |||||||||
a) | Position / status | President I&C/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 award under the Company's Long Term Incentive Plan 2017 | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information Aggregated volume Price |
Total number of awards vested - 15,462
Total number of shares sold - 11,472Total price - £362,062.06
| ||||||||
e) | Date of the transaction | 26/4/22 | ||||||||
f) | Place of the transaction | XLON - London Stock Exchange | ||||||||
Enquiries:
Cyd Trumper
Assistant Company Secretary +44 (0) 208 813 4321
Related Shares:
ULE.L