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:
- END -
|
| ISIN: | GB00BFNSQ303 |
| Category Code: | MSCH |
| TIDM: | UEX |
| LEI Code: | 213800Q7WLHGIHUFBT43 |
| Sequence No.: | 50829 |
| EQS News ID: | 991141 |
| End of Announcement | EQS 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.
UEX.L (UEX)