Urban Exposure logo

UEX - Urban Exposure News Story

40.5p 0.5  1.3%

Last Trade - 29/05/20

Sector
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

Tue 7th April, 2020 5:20pm
============

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

   07-Apr-2020 / 17:20 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.

   ══════════════════════════════════════════════════════════════════════════

   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                                      Société Générale SA (SG SA)
   City and country of registered office (if Puteaux, France
   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        06/04/2020
   crossed or reachedvi:
   6. Date on which issuer notified          07/04/2020
   (DD/MM/YYYY):
   7. Total positions of person(s) subject to the notification obligation
                        % of voting    % of voting
                          rights     rights through  Total of Total number of
                        attached to     financial    both in  voting rights
                       shares (total   instruments   % (8.A + of issuervii
                         of 8. A)    (total of 8.B 1   8.B)
                                        + 8.B 2)
   Resulting situation
   on the date on          5.02%          0.00%       5.02%     158,494,130
   which threshold was
   crossed or reached
   Position of
   previous
   notification (if        4.86%          0.00%       4.86%    

   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        (Art 10 of     (Art 9 of     (Art 10 of
   ISIN code        Directive        Directive      Directive     Directive
   (if             2004/109/EC)     2004/109/EC)   2004/109/EC)  2004/109/EC)
   possible)         (DTR5.1)        (DTR5.2.1)      (DTR5.1)     (DTR5.2.1)
   GB00BFNSQ303
                    7,952,000            0            5.02%           0%
   Ordinary
   shares
   GB00BFNSQ303

   Borrowed             0                0            0.00%           0%
   Ordinary
   shares
   SUBTOTAL 8.              7,952,000                        5.02%
   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                 Exercise/        rights that may be
   financial    Expiration Conversion       acquired if the      % of voting
   instrument   datex      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
                                        settlement
                                                                       
                                                           
                                                                       
                                                                       
                                                                       
                                        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       X
   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 controlling natural person or legal entityxiv (please
   add additional rows as necessary)
                                    % of voting rights
            % of voting rights if    through financial   Total of both if it
   Namexv  it equals or is higher    instruments if it   equals or is higher
             than the notifiable    equals or is higher  than the notifiable
                  threshold         than the notifiable       threshold
                                         threshold
                                                          
                                                          
                                                          
                                                          
                                                          
    
   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, United Kingdom
   Date of completion  April 07th, 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.:  57140
   EQS News ID:   1017859


    
   End of Announcement EQS News Service

   ══════════════════════════════════════════════════════════════════════════

    1 fncls.ssp?fn=show_t_gif&application_id=1017859&application_name=news&site_id=reuters8

References

   Visible links


============
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.