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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Urban Exposure Plc | LSE:UEX | London | Ordinary Share | GB00BFNSQ303 | ORD GBP0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 68.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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Urban Exposure plc (UEX)
Urban Exposure plc: Update on disposal
01-Apr-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.
1 April 2020
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
Urban Exposure Plc
Update on disposal
Urban Exposure plc (the "Company") has received notice of termination from
Honeycomb Holdings Limited ("HHL") of the share purchase agreement among the
Company, HHL and Urban Exposure Amco Limited ("UE Amco") dated 10 March 2020
for the purchase by HHL of the issued share capital of Urban Exposure Lendco
Limited ("UE Lendco" and the "SPA"). The purchase had been scheduled to
complete today, 1 April 2020.
The Company considers that the termination of the SPA by HHL is without
merit and reserves its position to take all measures to enforce its rights
under the SPA, including, without limitation, seeking specific performance
of HHL's obligation to acquire UE Lendco.
Enquiries:
Urban Exposure plc Tel: +44(0)207 408 0022
William McKee, Chairman
Randeesh Sandhu, Chief Executive Officer
Sam Dobbyn, Chief Financial Officer
Jefferies (Financial adviser and Joint Corporate Broker) Tel: +44(0)20 7029
8000
Rishi Bhuchar
Ed Matthews
James Thomlinson
William Brown
Liberum (NOMAD and Joint Corporate Broker) Tel: +44(0)203 100 2000
Neil Patel
Gillian Martin
Jonathan Wilkes-Green
Louis Davies
MHP Communications (Financial Public Relations)
Charlie Barker
Patrick Hanrahan
Sophia Samaras
Tel: +44(0)203 128 8540 / +44(0)203 128 8731
UrbanExposure@mhpc.com
ISIN: GB00BFNSQ303
Category Code: MSCU
TIDM: UEX
LEI Code: 213800Q7WLHGIHUFBT43
Sequence No.: 55823
EQS News ID: 1012289
End of Announcement EQS News Service
(END) Dow Jones Newswires
April 01, 2020 02:00 ET (06:00 GMT)
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