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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 | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 68.50 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 68.50 | GBX |
Urban Exposure (UEX) Share Charts1 Year Urban Exposure Chart |
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1 Month Urban Exposure Chart |
Intraday Urban Exposure Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 12/9/2023 | 13:57 | Urban Exposure | 107 |
| 29/6/2020 | 08:23 | Bridge, Senior and Stretch-Senior Debt for real estate development projects | 134 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
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Posted at 12/9/2023 13:57 by stemis If anybody is still here, I've had a reply (below) to an email to the liquidator about the outstanding loan (which it was originally hoped would deliver another 2.5-3.5p/share payout) --->The position remains to be resolved, but we are hopeful that a successful conclusion will result in a further return to members. We would hope that matters can be resolved in the next 6 months |
Posted at 26/8/2022 11:16 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 10/6/2022 11:13 by pejaten the info is now also confirmed with an update on the websiteNote on Company Liquidation In May 2020 the board of Urban Exposure PLC decided to pursue a strategy whereby the Company would no longer write new business and would undertake an orderly wind down of its loan book to maximise returns to shareholders. This decision was subsequently reaffirmed in June 2020. Despite significant market headwinds and three national lockdowns, management has successfully reduced the Company’s managed loan commitments (including capital managed for partner investors) from approximately £1 billion down to the smallest exposure on the loan book, and a corresponding reduction in the number of loans managed from 21 loans to 1 loan remaining. This has enabled distributions to shareholders of over £111 million since June 2020 (of a total forecast return of approximately £117m) and a forecast range for total shareholder returns of 72p to 73p, against a share price of 48p on 18 June 2020, the day the run-off was announced. This corresponds to a run-off IRR of approximately 72% and money multiple of approximately 1.54x. On 22 June 2021 Geoff Rowley and David Shambrook of FRP Advisory Trading Limited were appointed as liquidators to affect the voluntary winding-up of Urban Exposure PLC. On 23 June 2021 the admission of Urban Exposure PLC’s ordinary shares to trading on AIM was cancelled. On 13 May 2022 the remaining group companies were placed into Members Voluntary Liquidation with Geoff Rowley and David Shambrook of FRP Advisory Trading Limited being appointed. The liquidators are now in control of the Group, with all remaining staff having departed. The Group has only one loan remaining which requires additional time to work out. The Group has retained a suitable cash balance in order to ensure orderly repayment of this loan and members of the management team will provide ongoing support to FRP in respect of this loan. Given this situation the Company is set to make the next distribution to shareholders of £4.0m (5.5p) within the coming weeks. This distribution amount takes into account the Company’s current cash reserves, future expenses and an appropriate cash buffer. The current expected range of total shareholder returns is now 72 to 73 on a pence per share basis. Signed: Urban Exposure Sam Dobbyn, Director sam@urbanexposureuk. FRP Advisory Trading Limited Geoff Rowley, Joint Liquidator Please contact Emma Mealiff +44 (0) 20 3005 4000 emma.mealiff@frpadvi |
Posted at 09/6/2022 10:23 by pejaten I have received the following up dateCompany placed into members voluntary liquidation on May 13Only one loan remaining, taking time to sortFurther distribution of 5.5p per share in next few weeks, bringing total to 69.5p Final distribution likely to total 72-73p |
Posted at 10/1/2022 16:44 by johnwatkins Just hear from HL 😃As you will be aware, Urban Exposure Plc delisted on 23 June 2021 and is in Liquidation. The Liquidators have made a Second Liquidation Payment of 10.4p for each Share held at the close of business on 14 July 2021. How has my portfolio been affected? This cash was credited to your Stocks & Shares ISA on 2 December 2021 on the following basis: |
Posted at 27/7/2021 20:32 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 09/6/2021 08:03 by papy02 Indeed. Would be interesting to know what price they paid. |
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 29/6/2020 12:13 by boystown Tipped in the IC by Simon Thompson who concludes:"...the maximum cash return could be 50 per cent above the current share price. NAV-accretive share buy-backs are a likely catalyst to drive up the share price, too. Value buy." |
Posted at 17/6/2020 13:51 by yieldsearch SolarnoThe loans are short term and should be repaid or realised within 1-2 years max if there are no buyers for the whole portfolio. Clearly one has to factor in potential residential price reduction. The company stated that they have stopped lending and assuming that the management is not finding another way to f the shareholders ( it is a BIG assumption..), eventually the company will have an amount of cash that can be distributed to shareholder. that a medium term scenario. upside would be that an activist is shaking the whole thing and clean it faster. then looking at the share price vs nav, urban exposure has i believe the largest discount. RECI rallied with clear disclosure from management. PSSL likely liquidation. LBOW, HONY reduced discount. any share price activity is news driven here. |
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