25th Apr 2022 17:10
25 April 2022
Ultra Electronics Holdings plc (the "Company")
PDMR Transactions - Notification
The Company announces that on 22 April 2022 Thomas Link, President - Maritime Systems, elected to sell sufficient shares to cover the tax liabilities of the vesting of nil-cost conditional awards over 14,923 ordinary shares of 5p each in the Company ("Ordinary Shares") which vested on 19 April 2022 under the Company's Long Term Incentive Plan 2017. Dividend Equivalent awards over 878 Ordinary Shares were also applied to the vesting on the same date.
Name | Status | Total No. of Conditional Awards vested | No. of Shares sold to cover taxes and fees | No. of Shares retained net of taxes and fees |
Thomas Link | President - Maritime | 15,398 | 4,126 | 11,272 |
Following the trade Mr Link now holds a total of 22,923 Ordinary Shares in the Company representing approximately 0.032% 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 | Thomas Link | ||||||||
2. | Reason for the notification | |||||||||
a) | Position / status | President - Maritime Systems /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 | Vesting of nil cost conditional share awards | ||||||||
c) | Price(s) and volume(s) |
| ||||||||
d) | Aggregated information Aggregated volume Price |
Total number of awards vested - 15,398 Total number of shares sold to cover taxes and fees - 4,126
Total price - £131,953.98
| ||||||||
e) | Date of the transaction | 22/4/22 | ||||||||
f) | Place of the transaction | XLON - London Stock Exchange | ||||||||
Enquiries:
Cyd TrumperAssistant Company Secretary +44 (0) 208 813 4321
Related Shares:
ULE.L