Urban Exposure plc: TR-1: Standard form for notification of major holdings (1016073)

 
 Urban Exposure plc (UEX) 
Urban Exposure plc: TR-1: Standard form for notification of major holdings 
 
06-Apr-2020 / 10:19 GMT/BST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
TR-1: Standard form for notification of major holdings 
 
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the 
FCA in Microsoft Word format if possible)i 
 
1a. Identity of the issuer or the                            URBAN EXPOSURE PLC 
underlying issuer of existing shares to 
which voting rights are attachedii: 
1b. Please indicate if the issuer is a non-UK issuer (please mark with an 
"X" if appropriate) 
Non-UK issuer 
2. Reason for the notification (please mark the appropriate box or boxes 
with an "X") 
An acquisition or disposal of voting rights                                               X 
An acquisition or disposal of financial instruments 
An event changing the breakdown of voting rights 
Other (please specify)iii: 
3. Details of person subject to the notification obligationiv 
Name                                            Barclays Plc 
City and country of registered office           London , United Kingdom 
(if applicable) 
4. Full name of shareholder(s) (if different from 3.)v 
Name 
City and country of registered office 
(if applicable) 
5. Date on which the threshold was              01 April 2020 
crossed or reachedvi: 
6. Date on which issuer notified                03 April 2020 
(DD/MM/YYYY): 
7. Total positions of person(s) subject to the notification obligation 
                 % of voting rights       % of voting      Total of both in %   Total 
                 attached to shares          rights           (8.A + 8.B)       number of 
                   (total of 8. A)          through                             voting 
                                           financial                            rights of 
                                          instruments                           issuervii 
                                         (total of 8.B 
                                           1 + 8.B 2) 
Resulting               8.654                0.000               8.654          158,494,13 
situation on                                                                         0 
the date on 
which 
threshold 
was crossed 
or reached 
Position of       Below the lowest         Below the        Below the lowest 
previous        notifiable threshold         lowest            notifiable 
notification                                                   threshold 
(if 
 
                                           notifiable 
                                           threshold 
applicable) 
       8. Notified details of the resulting situation on the date on which the 
       threshold was crossed or reachedviii 
       A: Voting rights attached to shares 
       Class/type of     Number of voting rightsix                  % of voting rights 
       shares 
 
       ISIN code (if 
       possible) 
                     Direct               Indirect            Direct         Indirect 
 
               (Art 9 of Directive       (Art 10 of         (Art 9 of       (Art 10 of 
                  2004/109/EC)           Directive          Directive        Directive 
                    (DTR5.1)            2004/109/EC)       2004/109/EC)    2004/109/EC) 
                                         (DTR5.2.1)          (DTR5.1)       (DTR5.2.1) 
         GB00BFNSQ303         715,848             13,000,000              0.452         8.202 
       SUBTOTAL 8. A                     13,715,848                            8.654 
 
       B 1: Financial Instruments according to Art. 13(1)(a) of Directive 
       2004/109/EC (DTR5.3.1.1 (a)) 
       Type of           Expiration Exercise/                 Number of voting        % of 
       financial         datex      Conversion Periodxi       rights that may be      voting 
       instrument                                             acquired if the         rights 
                                                              instrument is 
 
                                                              exercised/converted. 
 
                                    SUBTOTAL 8. B 1 
 
       B 2: Financial Instruments with similar economic effect according to 
       Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
       Type of     Expiration       Exercise/       Physical or cash      Number of   % of 
       financial   datex            Conversion                            voting      voting 
       instrument                   Period xi                             rights      rights 
 
                                                    settlementxii 
 
                                                    SUBTOTAL 8.B.2 
 
9. Information in relation to the person subject to the 
notification obligation (please mark the 
 
applicable box with an "X") 
Person subject to the notification obligation 
is not controlled by any natural person or 
legal entity and does not control any other 
undertaking(s) holding directly or indirectly 
an interest in the (underlying) issuerxiii 
Full chain of controlled undertakings through           X 
which the voting rights and/or the 
financial instruments are effectively held 
starting with the ultimate controlling 
natural person or legal entityxiv (please add 
additional rows as necessary) 
  Namexv    % of voting   % of    Total of both if it equals or 
             rights if   voting   is higher than the notifiable 
             it equals   rights             threshold 
               or is    through 
            higher than financia 
                the        l 
            notifiable  instrume 
             threshold   nts if 
                           it 
                         equals 
                         or is 
                         higher 
                        than the 
                        notifiab 
                           le 
                        threshol 
                           d 
 Barclays      8.202       NA                 8.202 
    Plc 
 Barclays      8.202       NA                 8.202 
 Bank Plc 
 Barclays      8.202       NA                 8.202 
  Capital 
Securities 
    Ltd 
 
 Barclays       NA         NA                  NA 
    Plc 
 Barclays       NA         NA                  NA 
 Bank Plc 
 Barclays       NA         NA                  NA 
Investment 
 Solutions 
  Limited 
 
10. In case of proxy voting, please identify: 
Name of the proxy 
holder 
The number and % of 
voting rights held 
The date until which 
the voting rights will 
be held 
 
11. Additional informationxvi 
 
Place of completion London 
Date of completion  03 April 2020 
 
Notes 
 
i Please note that national forms may vary due to specific national legislation (Article 3(1a) 
of Directive 2004/109/EC) as for instance the applicable thresholds or information regarding 
capital holdings. 
 
ii Full name of the legal entity and further specification of the issuer or underlying issuer, 
provided it is reliable and accurate (e.g. address, LEI, domestic number identity). Indicate in 
the relevant section whether the issuer is a non UK issuer. 
 
iii Other reason for the notification could be voluntary notifications, changes of attribution 
of the nature of the holding (e.g. expiring of financial instruments) or acting in concert. 
 
iv This should be the full name of (a) the shareholder; (b) the natural person or legal entity 
acquiring, disposing of or exercising voting rights in the cases provided for in DTR5.2.1 (b) 
to (h)/ Article 10 (b) to (h) of Directive 2004/109/EC; (c) all parties to the agreement 
referred to in Article 10 (a) of Directive 2004/109/EC (DTR5.2.1 (a)) or (d) the holder of 
financial instruments referred to in Article 13(1) of Directive 2004/109/EC (DTR5.3.1). 
 
As the disclosure of cases of acting in concert may vary due to the specific circumstances 
(e.g. same or different total positions of the parties, entering or exiting of acting in 
concert by a single party) the standard form does not provide for a specific method how to 
notify cases of acting in concert. 
 
In relation to the transactions referred to in points (b) to (h) of Article 10 of Directive 
2004/109/EC (DTR5.2.1 (b) to (h)), the following list is provided as indication of the persons 
who should be mentioned: 
 
- in the circumstances foreseen in letter (b) of Article 10 of that Directive (DTR5.2.1 (b)), 
the natural person or legal entity that acquires the voting rights and is entitled to exercise 
them under the agreement and the natural person or legal entity who is transferring temporarily 
for consideration the voting rights; 
 
- in the circumstances foreseen in letter (c) of Article 10 of that Directive (DTR5.2.1 (c)), 
the natural person or legal entity holding the collateral, provided the person or entity 
controls the voting rights and declares its intention of exercising them, and natural person or 
legal entity lodging the collateral under these conditions; 
 
- in the circumstances foreseen in letter (d) of Article 10 of that Directive (DTR5.2.1 (d)), 
the natural person or legal entity who has a life interest in shares if that person or entity 
is entitled to exercise the voting rights attached to the shares and the natural person or 
legal entity who is disposing of the voting rights when the life interest is created; 
 
- in the circumstances foreseen in letter (e) of Article 10 of that Directive (DTR5.2.1 (e)), 
the controlling natural person or legal entity and, provided it has a notification duty at an 
individual level under Article 9 (DTR 5.1), under letters (a) to (d) of Article 10 of that 
Directive (DTR5.2.1 (a) to (d)) or under a combination of any of those situations, the 
controlled undertaking; 
 
- in the circumstances foreseen in letter (f) of Article 10 of that Directive (DTR5.2.1 (f)), 
the deposit taker of the shares, if he can exercise the voting rights attached to the shares 

deposited with him at his discretion, and the depositor of the shares allowing the deposit 
taker to exercise the voting rights at his discretion; 
 
- in the circumstances foreseen in letter (g) of Article 10 of that Directive (DTR5.2.1 (g)), 
the natural person or legal entity that controls the voting rights; 
 
- in the circumstances foreseen in letter (h) of Article 10 of that Directive (DTR5.2.1 (h)), 
the proxy holder, if he can exercise the voting rights at his discretion, and the shareholder 
who has given his proxy to the proxy holder allowing the latter to exercise the voting rights 
at his discretion (e.g. management companies). 
 
v Applicable in the cases provided for in Article 10 (b) to (h) of Directive 2004/109/EC 
(DTR5.2.1 (b) to (h). This should be the full name of the shareholder who is the counterparty 
to the natural person or legal entity referred to in Article 10 of that Directive (DTR5.2) 
unless the percentage of voting rights held by the shareholder is lower than the lowest 
notifiable threshold for the disclosure of voting rights holdings in accordance with national 
practices (e.g. identification of funds managed by management companies). 
 
vi The date on which threshold is crossed or reached should be the date on which the 
acquisition or disposal took place or the other reason triggered the notification obligation. 
For passive crossings, the date when the corporate event took effect. 
 
vii The total number of voting rights shall be composed of all the shares, including depository 
receipts representing shares, to which voting rights are attached even if the exercise thereof 
is suspended. 
 
viii If the holding has fallen below the lowest applicable threshold in accordance with 
national law, please note that it might not be necessary in accordance with national law to 
disclose the extent of the holding, only that the new holding is below that threshold. 
 
ix In case of combined holdings of shares with voting rights attached "direct holding" and 
voting rights "indirect holding", please split the voting rights number and percentage into the 
direct and indirect columns - if there is no combined holdings, please leave the relevant box 
blank. 
 
x Date of maturity/expiration of the financial instrument i.e. the date when right to acquire 
shares ends. 
 
xi If the financial instrument has such a period - please specify this period - for example 
once every 3 months starting from [date]. 
 
xii In case of cash settled instruments the number and percentages of voting rights is to be 
presented on a delta-adjusted basis (Article 13(1a) of Directive 2004/109/EC) (DTR 5.3.3.A). 
 
xiii If the person subject to the notification obligation is either controlled and/or does 
control another undertaking then the second option applies. 
 
xiv The full chain of controlled undertakings starting with the ultimate controlling natural 
person or legal entity has to be presented also in the cases, in which only on subsidiary level 
a threshold is crossed or reached and the subsidiary undertaking discloses the notification as 
only thus the markets get always the full picture of the group holdings. In case of multiple 
chains through which the voting rights and/or financial instruments are effectively held the 
chains have to be presented chain by chain leaving a row free between different chains (e.g.: 
A, B, C, free row, A, B, D, free row, A, E, F etc.). 
 
xv The names of controlled undertakings through which the voting rights and/or financial 
instruments are effectively held have to be presented irrespectively whether the controlled 
undertakings cross or reach the lowest applicable threshold themselves. 
 
xvi Example: Correction of a previous notification. 
 
ISIN:          GB00BFNSQ303 
Category Code: MSCM 
TIDM:          UEX 
LEI Code:      213800Q7WLHGIHUFBT43 
Sequence No.:  56720 
EQS News ID:   1016073 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

April 06, 2020 05:19 ET (09:19 GMT)