ULS Technology PLC Directorate Change (7134J)
04 April 2018 - 4:00PM
UK Regulatory
TIDMULS
RNS Number : 7134J
ULS Technology PLC
04 April 2018
4 April 2018
ULS Technology plc
(The "Group" or the "Company")
Directorate Change
ULS Technology plc (AIM:ULS), the provider of online B2B
platforms for the UK conveyancing and financial intermediary
markets, announces that Ben Thompson is stepping down from his
position as Chief Executive Officer and from the Board of the
Company to join Mortgage Advice Bureau (Holdings) plc (AIM: MAB1).
Stephen ('Steve') Goodall, Managing Director, has been appointed as
Chief Executive Officer and has joined the Board of Directors with
immediate effect. It is expected Ben will leave the Company after a
suitable handover period.
Steve joined the Company as Managing Director in May 2017 and
has been responsible for the day to day management of the Company's
products and services. In addition, Steve has been instrumental in
building the Company's success in tailoring conveyancing services
and technology for lenders as well as introducing and
commercialising new products and services for existing and new B2B
relationships.
Prior to joining ULS, Steve worked for Legal & General
Surveying Services ("LGSS") for over 15 years, most recently
holding the post of Managing Director. During his tenure, he
successfully transformed LGSS from a modest surveying business into
the number one, market leading, property risk and valuation
distribution business, which in 2016 handled over 500,000 valuation
instructions and generated revenue of approximately GBP80
million.
Steve was awarded the Royal Institute of Chartered Surveyors'
Fellowship in 2012 and also holds numerous high-profile industry
awards, both personally and on behalf of LGSS.
Geoff Wicks, Independent Non-Executive Chairman of ULS
Technology plc, said: "We would like to thank Ben for what he has
achieved at ULS and wish him every success in the future. We are
pleased to appoint Steve as CEO; he has been running our core
business with considerable success and has a wealth of experience
in our market. The Company remains extremely well positioned to
build on the strong growth to date and Steve's reputation,
relationships and experience will help us to continue to grow the
business in the years ahead."
Other than the following, there is no information regarding
Steve Goodall's appointment is required to be disclosed under
Schedule 2(g) of the AIM Rules for Companies:
Previous directorships held Legal & General Surveying
within the last five years: Services Limited
----------------------------- --------------------------------
Legal & General Estate Agencies
Limited
----------------------------- --------------------------------
Mr Goodall holds 322,500 options over ordinary shares of 0.4
pence each in the capital of the Company.
Enquiries:
ULS Technology plc Tel: 01844 262392
Geoff Wicks, Non-Executive
Chairman
John Williams, Finance Director
Numis Securities Limited Tel: 0207 260 1000
(Nomad & Broker)
Stuart Skinner / Paul Gillam,
Corporate Advisory
Michael Burke, Corporate
Broking
Walbrook PR Limited ulsgroup@walbrookpr.com or Tel: 020 7933
8780
Paul Cornelius
Helen Cresswell
Nick Rome
Market Abuse Regulation (MAR) Disclosure : The information
contained within this announcement is deemed to constitute inside
information as stipulated under the Market Abuse Regulations (EU)
No 596/2014. Upon the publication of this announcement, this inside
information is now considered to be in the public domain.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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