Urban Exposure PLC Vesting of staff share options (1493Y)

TIDMUEX

RNS Number : 1493Y

Urban Exposure PLC

11 May 2021

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 9(th) 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 9(th) 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                               Option over Ordinary Shares 
       the financial 
       instrument                                   Identification code: GB00BFNSQ303 
     -------------------------------------------  ----------------------------------------------- 
 b)   Nature of the                                Vesting of Option 
       transaction 
     -------------------------------------------  ----------------------------------------------- 
 c)   Price(s) and volume(s)                        Price                 Volume 
 
                                                     n/a                   129,975 
     -------------------------------------------  ---------------------  ------------------------ 
 d)   Currency                                     GBP 
     -------------------------------------------  ---------------------  ------------------------ 
 e)   Aggregated information                       N/A 
     -------------------------------------------  ----------------------------------------------- 
 f)   Date of the transaction                      9(th) May 2021 
     -------------------------------------------  ----------------------------------------------- 
 g)   Place of the transaction                     Outside a trading venue 
     -------------------------------------------  ----------------------------------------------- 
 

Enquiries:

Urban Exposure plc Tel: [phone]

Graham Warner, Chairman

Sam Dobbyn, Chief Executive Officer

Liberum (NOMAD and Corporate Broker) Tel: [phone]

Neil Patel

Gillian Martin

Richard Bootle

[e-mail]

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May 11, 2021 02:00 ET (06:00 GMT)