TIDMUEX

RNS Number : 5954J

Urban Exposure PLC

22 December 2020

22 December 2020

Urban Exposure Plc ("the Company")

PDMR Dealing - cancellation of share options

The Company has been notified that 220,025 share options over ordinary shares of 1 penny each in the capital of the Company (the "Shares") granted to Michael McMahon, a Person Discharging Managerial Responsibilities, by UE Holdco (Jersey) Limited, have been cancelled for a cash consideration with the agreement of Mr McMahon. This follows the successful tendering by UE Holdco (Jersey) Limited of the corresponding Shares in the Company's tender offer to eligible shareholders announced on 30 November 2020.

Details of the cancellation of the share options are set out below:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name(s)                               Michael McMahon 
     ------------------------------------  ----------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------------------- 
 a)   Position/status                       Michael McMahon is a member of the Company's 
                                             Executive Committee. 
     ------------------------------------  ----------------------------------------------- 
 b)   Initial notification/amendment        Initial Notification 
     ------------------------------------  ----------------------------------------------- 
 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                        Option over Ordinary Shares 
       the financial instrument 
                                             Identification code: GB00BFNSQ303 
     ------------------------------------  ----------------------------------------------- 
 b)   Nature of the transaction             Cancellation of Option 
     ------------------------------------  ----------------------------------------------- 
 c)   Price(s) and volume(s)                 Price                          Volume 
 
                                              GBP165,018.75                  220,025 
     ------------------------------------  ------------------------------  --------------- 
 d)   Currency                              GBP 
     ------------------------------------  ------------------------------  --------------- 
 e)   Aggregated information                N/A 
     ------------------------------------  ----------------------------------------------- 
 f)   Date of the transaction               18 December 2020 
     ------------------------------------  ----------------------------------------------- 
 g)   Place of the transaction              Outside a trading venue 
     ------------------------------------  -----------------------------------------------

Enquiries:

Urban Exposure plc Tel: +44(0) 207 408 0022

Graham Warner, Chairman

Sam Dobbyn, Chief Executive Officer

Liberum (NOMAD and Corporate Broker) Tel: +44(0)203 100 2000

Neil Patel

Gillian Martin

Louis Davies

Nikhil Varghese

UrbanExposure@liberum.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHFEMFWEESSELE

(END) Dow Jones Newswires

December 22, 2020 12:47 ET (17:47 GMT)

Urban Exposure (LSE:UEX)
Graphique Historique de l'Action
De Fév 2025 à Mar 2025 Plus de graphiques de la Bourse Urban Exposure
Urban Exposure (LSE:UEX)
Graphique Historique de l'Action
De Mar 2024 à Mar 2025 Plus de graphiques de la Bourse Urban Exposure