TIDMUEX

RNS Number : 6896G

Urban Exposure PLC

26 November 2020

26 November 2020

Urban Exposure Plc ("the Company")

Sale of Treasury Shares and PDMR Dealing

The Company announces that certain current and former employees of the Company have exercised nil cost options granted over 328,491 ordinary shares of 1 penny each in the Company (the "Shares"). The options were granted under the Company's long term incentive plan ( "LTIP"). In connection with the above exercise, the Company has sold 328,491 Shares from treasury shares, which were immediately sold in the market.

As a result of the above transaction, the Company holds 6,177,379 Shares in treasury, and the total number of Shares in issue (excluding Shares held in treasury) is 158,822,621. This number 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.

Michael McMahon is a Person Discharging Managerial Responsibilities. As part of the transactions described above, Mr McMahon acquired 35,086 Shares through exercise of LTIP options, all of which were immediately sold in the market.

 
 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                           Ordinary Shares 
       the financial instrument 
                                                Identification code: GB00BFNSQ303 
     ---------------------------------------  ----------------------------------------------- 
 b)   Nature of the transaction                Sale of shares 
     ---------------------------------------  ----------------------------------------------- 
 c)   Price(s) and volume(s)                    Price                        Volume 
 
                                                 72.5 pence                   35,086 
     ---------------------------------------  ----------------------------  ----------------- 
 d)   Currency                                 GBP 
     ---------------------------------------  ----------------------------  ----------------- 
 e)   Aggregated information                   N/A 
     ---------------------------------------  ----------------------------------------------- 
 f)   Date of the transaction                  24 November 2020 
     ---------------------------------------  ----------------------------------------------- 
 g)   Place of the transaction                 London Stock Exchange - XLON 
     ---------------------------------------  -----------------------------------------------

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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END

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November 26, 2020 12:40 ET (17:40 GMT)

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