Urban Exposure PLC Completion of Tender Offer and total voting rights (7187J)
23 Diciembre 2020 - 7:14AM
UK Regulatory
TIDMUEX
RNS Number : 7187J
Urban Exposure PLC
23 December 2020
23 December 2020
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, OR
JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A
VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
Urban Exposure Plc (the "Company")
Completion of Tender Offer and total voting rights
The Company announces that the acquisition by the Company of
86,666,666 ordinary shares of 1 penny each in the capital of the
Company (the "Shares") pursuant to the tender offer to eligible
shareholders launched on 30 November 2020 (the "Tender Offer") has
now been completed, with all such Shares being repurchased by the
Company and cancelled. Each Share acquired by the Company under the
Tender Offer was purchased at the tender price of GBP0.75 per
Share.
Payment to shareholders of the Tender Offer consideration due to
them is expected to be despatched today (where made by payment
through CREST) and by 4 January 2021 (where made by cheque).
Following the acquisition and cancellation of the tendered
Shares by the Company, the Company's issued share capital consists
of 78,333,334 Shares. Each Share carries the right to one vote at a
general meeting of the Company. The Company holds 6,177,379 Shares
in treasury and is not permitted to exercise voting rights in
respect of these Shares. Accordingly, the total number of shares
with voting rights in the Company is 72,155,955.
The above figure of 72,155,955 represents the total voting
rights in the Company and may be used by shareholders as the
denominator for the calculations by which they can determine if
they are required to notify their interest in, or a change to their
interest in the Company under the Financial Conduct Authority's
Disclosure Guidance and Transparency Rules.
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
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December 23, 2020 08:14 ET (13:14 GMT)
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