Regulatory Story
Go to market news section View chart   Print
Urban Exposure PLC   -  UEX   

Urban Exposure plc: 6.5 % secured sterling bonds due 2026 - Process update

Released 16:58 06-Aug-2019

Urban Exposure plc (UEX)
Urban Exposure plc: 6.5 % secured sterling bonds due 2026 - Process update

06-Aug-2019 / 16:58 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


6 August 2019

 

The information contained herein may only be released, published or distributed in the United Kingdom, the Republic of Ireland, the Isle of Man, Jersey and the Bailiwick of Guernsey in accordance with applicable regulatory requirements. The information contained herein is not for release, publication or distribution in or into the United States, Australia, Canada, Japan, South Africa, or in any other jurisdiction where it is unlawful to distribute this document.

This announcement is released by Urban Exposure Finance Plc and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR). 

MiFID II retail investors, professional investors and ECPs target market - Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients (all distribution channels) and also retail clients (all distribution channels).

 

URBAN EXPOSURE FINANCE PLC

 

URBAN EXPOSURE PLC

 

6.5 % SECURED STERLING BONDS DUE 2026

 

PROCESS UPDATE

 

Further to the announcements dated 15 July 2019 and 30 July 2019 on the proposed issue by Urban Exposure Finance Plc (the "Company") of the 6.5% secured sterling bonds due 2026 (the "Proposed Issue"), the Company and Urban Exposure Plc ("Urban Exposure") have decided not to proceed with the Proposed Issue due to adverse market conditions during the offer period.

Urban Exposure will continue to pursue other asset management strategies in line with its stated business plan and will continue to assess market conditions with a view to issuing debt securities under the euro medium term note programme established on 15 July 2019 at an appropriate time.

  

For further information, please contact:

 

Urban Exposure Plc

Tel: +44 (0) 845 643 2173

Randeesh Sandhu, CEO

 

Sam Dobbyn, CFO

Peel Hunt LLP (Sole Lead Manager)

Patrick King

Scott Beattie

Tel: +44 (0) 20 7418 8900

MHP Communications (Financial Public Relations) 

Tel: +44 (0) 20 3128 8100

Charlie Barker

 

Patrick Hanrahan

 

Sophia Samaras

 

 



ISIN: GB00BFNSQ303
Category Code: MSCM
LSE Ticker: UEX
LEI Code: 213800Q7WLHGIHUFBT43
Sequence No.: 15908
EQS News ID: 852983

 
End of Announcement EQS News Service

fncls.ssp?fn=show_t_gif&application_id=852983&application_name=news&site_id=acquiremedia_html
Close


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


Urban Exposure plc: 6.5 % secured sterling bonds due 2026 - Process update - RNS