11 May 2021 07:00
11 May 2021
Urban Exposure Plc ("the Company")
Vesting of staff share options
The Company is notified that 129,975 share options over ordinary shares of 1 penny each in the capital of the Company granted to Michael McMahon, a Person Discharging Managerial Responsibilities, by UE Holdco (Jersey) Limited, vested on 9th May 2021, pursuant to the terms of an option agreement between UE Holdco (Jersey) Limited and Michael McMahon. Legal and beneficial ownership of 129,975 shares is transferred from UE Holdco (Jersey) Limited to Michael McMahon by virtue of an option exercise notice dated 9th May 2021.
Details of the transaction are set out below:
1 | Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name(s) | Michael McMahon | |
2
| Reason for the notification | ||
a) | Position/status
| Member of the Company's Executive Committee. | |
b) | Initial notification/amendment
| Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
a) | Name
| Urban Exposure plc | |
b) | LEI
| 213800Q7WLHGIHUFBT43
| |
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 | Option over Ordinary Shares
Identification code: GB00BFNSQ303
| |
b) | Nature of the transaction | Vesting of Option
| |
c) | Price(s) and volume(s) | Price
n/a | Volume
129,975 |
d) | Currency
| GBP |
|
e) | Aggregated information
| N/A | |
f) | Date of the transaction
| 9th May 2021 | |
g) | Place of the transaction | Outside a trading venue | |
Enquiries:
Urban Exposure plc Tel: +44(0)207 408 0022
Graham Warner, Chairman
Sam Dobbyn, Chief Executive Officer
Liberum (NOMAD and Corporate Broker) Tel: +44(0)203 100 2000
Neil Patel
Gillian Martin
Richard Bootle
UrbanExposure@liberum.com