Urban Exposure PLC
15 November 2019
Urban Exposure Plc
("Urban Exposure" or the "Company")
Proposals
On 4 November 2019 the Board received an outline restructuring proposal from R20 Advisory Limited ("R20"), involving a special dividend, rights issue, the externalisation of the management team into a separate vehicle and the Company's conversion to an investment company.
Following from this proposal, the Company has now received a number of additional proposals, which it is considering, along with other value enhancing opportunities. The Board is reviewing all these proposals and will update the market in due course.
Enquiries:
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Urban Exposure Plc
Randeesh Sandhu, CEO
Sam Dobbyn, CFO
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+44 (0) 207 408 0022
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Jefferies International Limited (Financial Adviser and Joint Corporate Broker)
Rishi Bhuchar
Ed Matthews
James Thomlinson
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+44 (0) 20 7548 4576
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Liberum Capital Limited (Nominated Adviser and Joint Corporate Broker)
Neil Patel
Gillian Martin
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+44 (0) 20 3100 2222
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MHP Communications
Charlie Barker
Patrick Hanrahan
Sophia Samaras
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+44 (0) 20 3128 8100
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