Urban Exposure Finance plc 6.5% Bonds due 2026
This offer is now closed for applications through interactive investor
Result of the issue
Urban Exposure Finance Plc and Urban Exposure Plc have decided not to proceed with the Proposed Issue due to adverse market conditions during the offer period.
Subscription amounts are being re-credited to accounts and confirmation of the result will be sent to customers who applied (Wednesday 7 August 2019).
Key information
| Issue price (per Bond): | £100 |
| Minimum investment: | £2,000 (multiples of £100 thereafter) |
| Interest rate: | 6.50% |
| Term of the Bonds: | 7 years |
| Maturity date: | 6 August 2026 |
Expected timetable
| Offer open: | 15 July 2019 |
| Offer close: | 6 August 2019 (10am)* |
| Issue date of the Bonds: | 13 August 2019 |
| First day of trading: | 13 August 2019 |
* The offer period has been extended to facilitate additional orders. The key dates for the offer are indicative only and subject to change without notice. The Company may end the Offer Period early or withdraw the offer at any time prior to the Issue Date.
We, Interactive Investor Services Limited, refer to the offer of sterling-denominated 6.50 per cent. Fixed Rate Notes due 2026 (the "Notes") described in the Final Terms dated 15 July 2019 (the "Final Terms") published by Urban Exposure Finance Plc (the "Issuer") and Urban Exposure Plc (the "Guarantor"). In consideration of the Issuer and the Guarantor offering to grant their consent to our use of the Base Prospectus (as defined in the Final Terms) in connection with the offer of the Notes in the United Kingdom during the Offer Period specified in the Final Terms and subject to the other conditions to such consent, each as specified in the Base Prospectus, we hereby accept such offer by the Issuer and the Guarantor in accordance with the Authorised Offeror Terms (as specified in the Base Prospectus) and confirm that we are using the Base Prospectus in connection with the offer of the Notes accordingly.
Investing in IPOs carries a high degree of risk. If you are unsure of the suitability of an investment please seek Financial Advice. You are not guaranteed to make a profit, the value of your investments can go down as well as up. You may not get back all the money you invest. Any notification of an IPO on our website is not an endorsement of the issue, nor is it solicitation for interest in the issue. Investment in the Company should not be regarded as short-term in nature. You should consider carefully all of the information set out in the Offer documents, including all the risks attached to investing in the Company before you apply.
"Urban Exposure Finance plc" and the Urban Exposure Finance plc logo are registered trademarks of Urban Exposure Finance plc. Reproduced by kind permission of Urban Exposure Finance plc. All rights reserved.
This announcement has been published by Interactive Investor Services Limited.
This announcement has been prepared and is the sole responsibility of Interactive Investor Services Limited of Exchange Court, Duncombe Street, Leeds, LS1 4AX, which is an authorised person for the purposes of the Financial Services and Markets Act 2000.