ULS Technology director sells shares to fund property investment

ULS Technology’s Nigel Hoath has cashed in £4.5m worth of shares to fund some property investment opportunities.

In a statement to the market on Monday, the company revealed the non-executive director sold 10m shares at a price of 45p per share.

It said he is still a “fully supportive member of the board” and confirmed he wouldn’t sell any more shares in the company for at least six months.

He still holds an 11.8% stake in the company.

Chairman Peter Opperman picked up 45,000 of those shares, while fellow non-executive director Geoff Wicks picked up 22,000 shares.

Top Director Buys

ULS Technology (ULS)
Director name: Mr Peter Opperman
Amount purchased: 45,000 @ 45.00p
Value: £20,250

Caledonia Mining Corporation (CMCL)
Director name: Mr David Norval Henderson
Amount purchased: 17,200 @ 42.01p
Value: £7,226

Top Director Sells

ULS Technology (ULS)
Director name: Mr Nigel Hoath
Amount sold: 10,000,000 @ 45.00p
Value: £4,500,000

Renew Holdings (RNWH)
Director name: Mr Brian May
Amount sold: 228,560 @ 385.00p
Value: £879,956

Renew Holdings (RNWH)
Director name: Mr John Samuel
Amount sold: 171,440 @ 385.00p
Value: £660,044