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Last Trade - 29/05/20

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Financials
Size
Small Cap
Market Cap £64.2m
Enterprise Value £21.5m
Revenue £9.20m
Position in Universe 1053rd / 1825

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

Mon 6th April, 2020 10:19am
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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.

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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
underlying issuer of existing shares to               URBAN EXPOSURE PLC              
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 (if  London , United Kingdom                    
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 crossed 01 April 2020                              
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
                % of voting rights rights through                  Total number of
                attached to shares   financial    Total of both in voting rights of   
                 (total of 8. A)    instruments    % (8.A + 8.B)   issuervii
                                   (total of 8.B
                                     1 + 8.B 2)
Resulting
situation on
the date on           8.654            0.000           8.654          158,494,130     
which threshold
was crossed or
reached
Position of                          Below the
previous         Below the lowest      lowest     Below the lowest
notification        notifiable                       notifiable                       
(if                 threshold        notifiable      threshold
                                     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   Number of voting rightsix           % of voting rights
       of                 Direct           Indirect          Direct         Indirect
       shares
                    (Art 9 of Directive   (Art 10 of        (Art 9 of      (Art 10 of
       ISIN code       2004/109/EC)        Directive        Directive      Directive
       (if               (DTR5.1)        2004/109/EC)     2004/109/EC)    2004/109/EC)
       possible)                          (DTR5.2.1)        (DTR5.1)       (DTR5.2.1)
       GB00BFNSQ303       715,848         13,000,000          0.452          8.202
       SUBTOTAL 8.              13,715,848                          8.654
       A
        
 
        
       B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
       (DTR5.3.1.1 (a))
                                                     Number of voting
       Type of                                       rights that may be
       financial    Expiration Exercise/             acquired if the      % of voting
       instrument   datex      Conversion Periodxi   instrument is        rights

                                                     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                 Exercise/     Physical or     Number of
       financial  Expiration   Conversion    cash            voting       % of voting
       instrument datex        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 which the voting rights and/or
the
financial instruments are effectively held starting with the ultimate            X
controlling natural person or legal entityxiv (please add additional rows as
necessary)
                   % of voting rights  % of voting rights through  Total of both if it
     Namexv        if it equals or is  financial instruments if it equals or is higher
                    higher than the     equals or is higher than   than the notifiable
                  notifiable threshold  the notifiable threshold        threshold
  Barclays Plc           8.202                     NA                     8.202
Barclays Bank Plc        8.202                     NA                     8.202
Barclays Capital         8.202                     NA                     8.202
 Securities Ltd
                                                                             
  Barclays Plc             NA                      NA                      NA
Barclays Bank Plc          NA                      NA                      NA
    Barclays
   Investment              NA                      NA                      NA
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

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