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UEX Urban Exposure Plc

68.50
0.00 (0.00%)
29 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Urban Exposure Plc UEX London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 68.50 00:00:00
Open Price Low Price High Price Close Price Previous Close
68.50 68.50
more quote information »

Urban Exposure UEX Dividends History

No dividends issued between 02 Dec 2014 and 02 Dec 2024

Top Dividend Posts

Top Posts
Posted at 26/8/2022 10:16 by stemis
Have now received the 5.5p a share into my AJ Bell accounts (19 Aug). Weirdly AJ Bell are now showing my shares in UEX to have a market price of 60p a share. If only so...
Posted at 27/7/2021 19:32 by stemis
Unfortunately the UEX web site no longer functions so I can't see the circular however my recollection is that rest of the funds are expected to be distributed in a years time.
Posted at 29/12/2020 18:14 by cjohn
I hold UEX shares with two popular brokers: EQI and Hargreaves Lansdown.


I tendered all my shares in both accounts.

At EQI, I received cash on 23rd December for almost 98% of my shares, leaving me with a rump of around 2.3% of my original holding, a few hundred pounds, which I'll probably run till the next tender.

At H and L, no cash return yet.
Posted at 19/6/2020 09:49 by cjohn
It's also a satisfactory resolution of the serious governance issues following the disgraceful loan, with the relevant offenders moved out swiftly.

And repayment of the loan guaranteed by the Sandhus putting UEX stock into escrow.


The negative note is that the company are going to cover the Sandhu's £134k legal costs with respect to their employment by the group and the loan issue.
Posted at 19/6/2020 07:38 by otemple3
https://www.charltonillingworth.co.uk/rec-uex/"Valuation -Shareholders can expect a 17% – 37% return over 7-15 months on the basis of these assumptions. The original deal with Honeycomb was expected to provide 72p/share to shareholders, an extra 6p-16p/share.Conclusion  -Looks like a decent run off return for shareholders from the current price, and a sad end for the company"
Posted at 06/5/2020 12:16 by cjohn
"The lack of corporate governance and the disgraceful action by directors awarding themselves a loan is well highlighted in todays TIMES."

Let's hope it's a lesson they take to heart.

There's been clear value here post the falling through of the Honeycomb deal, but the corporate governance is going to make any potential shareholder pause. Only one independent director raised the alarm. What were the others doing? What was the Chairman doing?

"The sooner UEX sells its portfolio and self liquidates the better."

Hear, hear to that.
Posted at 06/5/2020 09:30 by stuffee
SL, I agree The Times has delivered a well deserved kick. I do hope there are no more unsavoury transactions between the 2% shareholders and the company, I fear where there's smoke there may be...

As others have mentioned our dear friend ST really knows how to pick them. I think he likes selecting small companies on very low ratings without researching the reason investors have failed to deliver a decent rating. I've suffered from some of his recommendations - the classic being Constellation Healthcare, which was bought in by management, at what appeared to be a discounted price, and subsequently proved to be a complete fraud. To really cheer up former shareholders, the Liquidator is now proceeding to recover all the bid proceeds from the former shareholders, which is possible under US legislation; I've ignored the various writs and demands.

The sooner UEX sells its portfolio and self liquidates the better.
Posted at 05/5/2020 12:42 by stemis
I suppose on the flip side, it's less than 1% of assets, with little impact on results, there's no personal gain by the CEO, it's simply a badly executed charitable 'donation' (wrt the interest foregone) and there's an implication that the board were aware.

Clearly these guys haven't come to terms with UEX being a plc and not a private company and the level of governance is inadequate. The days of UEX being a listed company seem numbered.

I do kind of feel there is value to be had here (although I don't hold) as a wind up opportunity. Unaudited tNAV at 31.12.19 was 83.9p a share and the company pretty much broke even in 2019. It may make a loss in 2020 if they wind down the balance sheet without commensurate cost savings but gross costs in 2019 were only 5.5p a share so it shouldn't be material impact. There's a possibly of loan write downs but the difference between 83.9p and 40p gives a lot of headway...
Posted at 24/4/2020 17:04 by stuffee
I admire your enthusiasm posters but I'm pretty doubtful anything will materialise.

Has W, itself made any announcement and if so, could someone please direct us to it. Approaching shareholders rather than the Board in current circumstances all looks pretty amateurish to me and is NOT the way to agree any transaction. Did W receive the required consent to approach shareholders without any announcement and if not a pending mega knuckle wrap due. Does W have any recognised advisor? If so, why have they let the share price rip away by 50% without a proper announcement? Oh and does W have the dough? Settling the acquisition in zero coupon irredeemable bonds would not appeal to me.


I've been in UEX since virtually the start and I fear it's not the stock anyone should hold in current markets. I'd certainly grab 73 or whatever with both hands but I doubt I will ever see it.

Would welcome any further info from other posters and maybe I've missed something.
Posted at 07/4/2020 08:01 by stemis
UEX planning to sue for damages.

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