Urban Exposure plc (UEX)
Notification of transactions by Persons Discharging Managerial
Responsibilities and persons closely associated with them
12-Jun-2019 / 09:27 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
12 June 2019
Urban Exposure plc (the "Company")
Notification of transactions by Persons Discharging Managerial
Responsibilities and persons closely associated with them
Urban Exposure Plc (AIM: UEX), a leading UK residential development
financier and asset manager, announces the following dealings by a PDMR.
The Company has been informed that Randeesh Sandhu has recently entered into
a derivative transaction in respect of part of his shareholding in the
Company. Pursuant to this transaction, Mr. Sandhu retains full economic
exposure to 1,000,000 shares with legal title to those shares transferred to
a custodian.
As a result of this transaction, Mr. Sandhu remains interested in total of
3,307,783 ordinary shares, representing 2.09 per cent of the Company's
issued share capital of which Mr. Sandhu is directly interested in 2,307,783
ordinary shares and is interested in 1,000,000 ordinary shares through the
derivative transaction.
The information set out below is provided in accordance with the
requirements of Article 19 of the EU Market Abuse Regulation No 596/2014.
1 Details of the person discharging managerial
responsibilities / person closely associated
a) Name Randeesh Sandhu
2 Reason for the notification
a) Position/status PDMR - Chief Executive Officer
b) Initial notification Initial Notification
/Amendment
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction monitor
a) Name Urban Exposure plc
b) LEI 213800Q7WLHGIHUFBT43
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have
been conducted
a) Description of the financial
instrument, type of instrument
Ordinary shares of one penny
each
Identification code
GB00BFNSQ303
b) Nature of the transaction Sale of ordinary shares
c) Price(s) and volume(s)
Price(s) Volume(s)
69.75 1,000,000
d) Aggregated information
N/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 31 May 2019
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial
responsibilities / person closely associated
a) Name Randeesh Sandhu
2 Reason for the notification
a) Position/status PDMR - Chief Executive Officer
b) Initial notification Initial Notification
/Amendment
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction monitor
a) Name Urban Exposure plc
b) LEI 213800Q7WLHGIHUFBT43
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have
been conducted
a) Description of the financial
instrument, type of instrument
Ordinary shares of one penny
each
Identification code
GB00BFNSQ303
b) Nature of the transaction Entry into a Financial
Instrument Contract
c) Price(s) and volume(s)
Price(s) Volume(s)
69.75 1,000,000
d) Aggregated information
N/a (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 31 May 2019
f) Place of the transaction London Stock Exchange
For further information, please contact:
Urban Exposure Plc Tel:
+44
(0)
207
408
0022
Randeesh Sandhu, CEO
Liberum Capital Limited (Nominated Adviser and Joint Tel:
Corporate Broker) +44
(0)
203
100
2000
Neil Patel
Gillian Martin
Jonathan Wilkes-Green
Louis Davies
Jefferies International Tel: +44 (0) 20 7029 8000
Limited (Joint Corporate
Broker)
Ed Matthews
William Brown
MHP Communications (Financial Public Relations) Tel:
+44
(0) 20
3128
8100
Barnaby Fry
Charlie Barker
Patrick Hanrahan
Sophia Samaras
ISIN: GB00BFNSQ303
Category Code: MSCM
TIDM: UEX
LEI Code: 213800Q7WLHGIHUFBT43
Sequence No.: 9933
EQS News ID: 823233
End of Announcement EQS News Service
(END) Dow Jones Newswires
June 12, 2019 04:28 ET (08:28 GMT)
