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Urban Exposure plc: Statement Regarding Potential Disposal and Net Asset Value

6 Mar 2020 07:01

Urban Exposure plc (UEX) Urban Exposure plc: Statement Regarding Potential Disposal and Net Asset Value 06-March-2020 / 07:00 GMT/BST Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.


6 March 2020

THIS ANNOUNCEMENT INCLUDES INSIDE INFORMATION

Urban Exposure Plc

("Urban Exposure" or the "Company")

Statement Regarding Potential Disposal and Net Asset Value

On 4 March 2020, Urban Exposure announced that it is in exclusive discussions with Pollen Street Capital ("PSC") regarding the potential disposal of its loan book and thereafter, a connected sale of the Company's asset management business (the "Potential Transactions").

These discussions are continuing and the Company hopes to be in a position to make a further announcement regarding the Potential Transactions in the near future.

Additionally, Urban Exposure is updating the market as to its latest unaudited TNAV as at 31 December 2019 of £131.7m, equivalent to 82.7 pence per share.

Enquiries: 

Urban Exposure Plc

Randeesh Sandhu, CEO

Sam Dobbyn, CFO

+44 (0) 207 408 0022

Jefferies International Limited (Financial Adviser and Joint Corporate Broker)

Rishi Bhuchar

Ed Matthews

James Thomlinson

William Brown

+44 (0) 20 7548 4576

 

 

Liberum Capital Limited (Nominated Adviser and Joint Corporate Broker)

Neil Patel

Gillian Martin

+44 (0) 20 3100 2222

MHP Communications (Financial Public Relations)

Charlie Barker

Patrick Hanrahan

Sophia Samaras

UrbanExposure@mhpc.com

 

Camarco (PR adviser to Pollen Street Capital) 

Ed Gascoigne-Pees / Jennifer Renwick

+44 (0)20 3757 4984

ed.gascoigne-pees@camarco.co.uk

 

+44 (0) 20 3128 8100

 

- END -

 


ISIN:GB00BFNSQ303
Category Code:MSCH
TIDM:UEX
LEI Code:213800Q7WLHGIHUFBT43
Sequence No.:50829
EQS News ID:991141
 
End of AnnouncementEQS News Service

UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

Date   Source Headline
25th Mar 202012:04 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
12th Mar 20204:10 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
12th Mar 20203:07 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
11th Mar 20204:37 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
11th Mar 20204:33 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
10th Mar 20207:01 amEQSUrban Exposure plc: Proposed disposals and cancellation from AIM
6th Mar 20207:01 amEQSUrban Exposure plc: Statement Regarding Potential Disposal and Net Asset Value
4th Mar 20207:01 amEQSUrban Exposure plc: Statement regarding press speculation
4th Feb 20204:46 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
3rd Feb 20202:18 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
27th Jan 20205:22 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
27th Jan 20209:46 amEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
24th Jan 20203:24 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
2nd Jan 20207:00 amEQSUrban Exposure plc: Related Party Transaction
31st Dec 20197:00 amEQSUrban Exposure plc: Year-End Trading Update
28th Nov 20193:13 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
15th Nov 20197:00 amEQSUrban Exposure plc: Proposals
5th Nov 20195:58 pmEQSUrban Exposure plc: Statement regarding announcement by R20
14th Oct 20193:01 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
4th Oct 20194:29 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
3rd Oct 20192:33 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
2nd Oct 201910:55 amEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
1st Oct 20195:07 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
30th Sep 201910:28 amEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
27th Sep 20195:02 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
27th Sep 20194:20 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
27th Sep 20199:41 amEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
26th Sep 20196:15 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
26th Sep 201911:16 amEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
24th Sep 20195:10 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
24th Sep 20195:07 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
23rd Sep 20191:20 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
20th Sep 20194:58 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
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20th Sep 201911:46 amRNSPrice Monitoring Extension
20th Sep 201911:46 amRNSSecond Price Monitoring Extn
20th Sep 20199:54 amEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
19th Sep 20194:37 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
19th Sep 20192:05 pmRNSSecond Price Monitoring Extn
19th Sep 20192:00 pmRNSPrice Monitoring Extension
18th Sep 20195:02 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
17th Sep 20193:18 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
12th Sep 20193:36 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
12th Sep 20199:59 amEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
10th Sep 20197:01 amEQSUrban Exposure plc: Interim Results for the six months ended 30 June 2019
9th Sep 20195:21 pmEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
9th Sep 201910:30 amEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
9th Sep 20199:45 amEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
3rd Sep 201911:17 amEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings
21st Aug 201911:03 amEQSUrban Exposure plc: TR-1: Standard form for notification of major holdings

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