Urban Exposure plc (UEX)
6 March 2020
THIS ANNOUNCEMENT INCLUDES INSIDE INFORMATION
Urban Exposure Plc
("Urban Exposure" or the "Company")
Statement Regarding Potential Disposal and Net Asset Value
On 4 March 2020, Urban Exposure announced that it is in exclusive discussions with Pollen Street Capital ("PSC") regarding the potential disposal of its loan book and thereafter, a connected sale of the Company's asset management business (the "Potential Transactions").
These discussions are continuing and the Company hopes to be in a position to make a further announcement regarding the Potential Transactions in the near future.
Additionally, Urban Exposure is updating the market as to its latest unaudited TNAV as at 31 December 2019 of £131.7m, equivalent to 82.7 pence per share.
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|EQS News ID:||991141|
|End of Announcement||EQS News Service|