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IN BRIEF: Urban Exposure Expects GBP43 Million Return To Shareholders

1st Oct 2020 20:37

Urban Exposure PLC - residential development firm and asset manager - Says cash balance now GBP65.5 million, of which it expects to distribute GBP43 million within the next two months to shareholders. Nature and timing of capital return to be announced in due course.

Company's forecast capital drawdown obligations have further reduced to around GBP7.7 million.

Current stock price: 67.50 pence

Year-to-date change: down 3.6%

By Lucy Heming; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.

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