3rd Sep 2019 11:17
Urban Exposure plc (UEX) Urban Exposure plc: TR-1: Standard form for notification of major holdings 03-Sep-2019 / 11:16 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.
TR-1: Standard form for notification of major holdings | NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i | | | | 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: | Urban Exposure PLC | | 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | | Non-UK issuer | | | 2. Reason for the notification (please mark the appropriate box or boxes with an "X") | | An acquisition or disposal of voting rights | X | | An acquisition or disposal of financial instruments | X | | An event changing the breakdown of voting rights | | | Other (please specify)iii: Please refer to #11. Additional information | X | | 3. Details of person subject to the notification obligationiv | | Name | Soros Fund Management LLC Quantum Partners LP SFM UK Holdings UK Ltd SFM UK Management LLP Quantum Support Services (Ireland) Limited | | City and country of registered office (if applicable) | New York USA Cayman Islands London, United Kingdom London, United Kingdom Dublin, Ireland | | 4. Full name of shareholder(s) (if different from 3.)v | | Name | Morgan Stanley & Co. LLC | | City and country of registered office (if applicable) | London, United Kingdom | | 5. Date on which the threshold was crossed or reachedvi: | 26 July 2019 | | 6. Date on which issuer notified (DD/MM/YYYY): | 23 August 2019 | | 7. Total positions of person(s) subject to the notification obligation | | | % of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights of issuervii | | Resulting situation on the date on which threshold was crossed or reached | 4.42% | 3.15% | 7.57% | 158,494,130 | | Position of previous notification (if applicable) | 5.14% | 0 | 5.14% | | | | | | | | | |
| 8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | | A: Voting rights attached to shares | | Class/type ofshares ISIN code (if possible) | Number of voting rightsix | % of voting rights | | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | | GB00BFNSQ303 | 0 | 7,000,000 | 0 | 4.42% | | | | | | | | | | | | | | SUBTOTAL 8. A | 7,000,000 | 4.42% | | | | B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | | Type of financial instrument | Expirationdatex | Exercise/ Conversion Periodxi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | | | | | | | | | | | | | | | | SUBTOTAL 8. B 1 | | | | | | B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) | | Type of financial instrument | Expirationdatex | Exercise/ Conversion Period xi | Physical or cash settlementxii | Number of voting rights | % of voting rights | | | | | Cash settlement | 5,000,000 | 3.15% | | | | | | | | | | | | SUBTOTAL 8.B.2 | 5,000,000 | 3.15% | | | | | | | | | | | |
| 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | | Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii | | | Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary) | X | | Chain 1: | Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | | Soros Fund Management LLC | 7.57% | | 7.57% | | SFM UK Holdings Limited | 7.57% | | 7.57% | | SFM UK Management LLP | 7.57% | | 7.57% |
Chain 2: | Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | | Quantum Partners LP | 7.57% | | 7.57% | | Quantum Support Services (Ireland) Limited | 7.57% | | 7.57% |
| | 10. In case of proxy voting, please identify: | | Name of the proxy holder | | | The number and % of voting rights held | | | The date until which the voting rights will be held | | | | | 11. Additional informationxvi | | This is a corrected filing being submitted due to SFM UK Management LLP and Quantum Support Services (Ireland) Limited having adopted a joint voting policy in relation to their respective holdings in the issuer, hence the need for them to aggregate those holdings under DTR 5.2.1(a). The joint voting policy was adopted with effect from 26 July 2019, which is the date stated in section 5. Due to an oversight, this filing was not made at the time and so it is being made late. | | | | |
| Place of completion | New York, United States | | Date of completion | 23 August 2019 |
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| ISIN: | GB00BFNSQ303 |
| Category Code: | MSCL |
| TIDM: | UEX |
| LEI Code: | 213800Q7WLHGIHUFBT43 |
| Sequence No.: | 18838 |
| EQS News ID: | 867725 |
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| End of Announcement | EQS News Service |
UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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