Urban Exposure plc: 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

1. Soros Fund Management LLC
2. Quantum Partners LP
3. SFM UK Holdings UK Ltd
4. SFM UK Management LLP
5. Quantum Support Services (Ireland) Limited

City and country of registered office (if applicable)

1. New York USA
2. Cayman Islands
3. London, United Kingdom
4. London, United Kingdom
5. 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%

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 the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)

X

Chain 1:

Chain 2:

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