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URBAN EXPOSURE PLC Urban Exposure plc: Proposals

Directive transparence : information réglementée

15/11/2019 08:00

Urban Exposure plc (UEX)
Urban Exposure plc: Proposals
15-Nov-2019 / 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.


Urban Exposure PLC
15 November 2019

 

Urban Exposure Plc

("Urban Exposure" or the "Company")

Proposals

On 4 November 2019 the Board received an outline restructuring proposal from R20 Advisory Limited ("R20"), involving a special dividend, rights issue, the externalisation of the management team into a separate vehicle and the Company's conversion to an investment company.

Following from this proposal, the Company has now received a number of additional proposals, which it is considering, along with other value enhancing opportunities. The Board is reviewing all these proposals and will update the market in due course.

Enquiries:

Urban Exposure Plc
Randeesh Sandhu, CEO

Sam Dobbyn, CFO

+44 (0) 207 408 0022

Jefferies International Limited (Financial Adviser and Joint Corporate Broker)

Rishi Bhuchar

Ed Matthews

James Thomlinson

+44 (0) 20 7548 4576

 

 

Liberum Capital Limited (Nominated Adviser and Joint Corporate Broker)

Neil Patel

Gillian Martin

+44 (0) 20 3100 2222

MHP Communications

Charlie Barker

Patrick Hanrahan

Sophia Samaras

+44 (0) 20 3128 8100

- END -

 



ISIN: GB00BFNSQ303
Category Code: MSCH
TIDM: UEX
LEI Code: 213800Q7WLHGIHUFBT43
OAM Categories: 2.2. Inside information
Sequence No.: 29359
EQS News ID: 913647

 
End of Announcement EQS News Service

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