ULS co-founder to step down from board in August

ULS co-founder to step down from board in August

eConveyancer owner ULS has announced that non-executive director and co-founder Nigel Hoath won’t be seeking re-election to his role and will therefore be stepping down in August.

Nigel Hoath sold £4.5 million worth of his shares in the company in January in order to fund property investment opportunities, but still has a stake of 11.8% in the technology business.

At the time, ULS said Hoath would not be selling any further shares for “at least six months”.

Speaking about Hoath’s decision to step down, Non-Executive Chairman Pete Opperman said: “Nigel has achieved great success with ULS over many years, leading the Company up to and through its successful AIM listing in July 2014.

“On behalf of everyone at ULS I want to thank him for his contribution and wish him the very best for the future.”

Josh Morris

Josh is the Journalist for the Today's Group and writes many of the articles for Today's Conveyancer. He graduated with a degree in Physics from Cardiff University in 2009 before training as a journalist.
He has previously written for The Times, The Mirror and The Daily Express.

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