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INTU PROPERTIES PLC - Notification of Transactions of Director/Persons Discharging Managerial Responsibility and Connected Persons

Release Date: 07/01/2014 14:30
Code(s): ITU     PDF:  
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Notification of Transactions of Director/Persons Discharging Managerial Responsibility and Connected Persons

INTU PROPERTIES PLC
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code:      ITU

 NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING
 MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

1.    Name of the issuer                                      2.    State whether the notification relates to (i) a transaction
                                                                    notified in accordance with DTR 3.1.2 R, (ii) a
                                                                    disclosure made in accordance with LR 9.8.6R(1) or
      INTU PROPERTIES PLC                                           (iii) a disclosure made in accordance with section 793
                                                                    of the Companies Act (2006)

                                                                    NOTIFICATION IN ACCORDANCE WITH (i)

3.    Name of person discharging managerial                   4     State whether notification relates to a person connected
      responsibilities/director                                     with     a       person     discharging       managerial
                                                                    responsibilities/director named in 3 and identify the
                                                                    connected person
      JOHN WHITTAKER
                                                                    PEEL CHAPEL HOLDINGS (IOM) LIMITED

5.    Indicate whether the notification is in respect of a    6.    Description of shares (including class), debentures or
      holding of the person referred to in 3 or 4 above or          derivatives or financial instruments relating to shares
      in respect of a non-beneficial interest1

      AS IN BOX 4 ABOVE                                             ORDINARY SHARES OF 50p & 3.75%
                                                                    CONVERTIBLE BONDS

7.    Name of registered shareholder(s) and, if more          8.    State the nature of the transaction
      than one, the number of shares held by each of
      them

      HANOVER NOMINEES LIMITED                                      GRANT OF A CHARGE BY WHOLLY-OWNED
                                                                    SUBSIDIARIES OF THE ENTITY LISTED IN BOX 4
                                                                    ABOVE OVER AN AGGREGATE OF 185,096,817
                                                                    ORDINARY      SHARES     AND     38,579,250
                                                                    CONVERTIBLE BONDS OF THE ISSUER AT THE
                                                                    TIME OF THE INTRA-GROUP TRANSFER
                                                                    NOTIFIED ON 22 OCTOBER 2013.

                                                                    THE CHARGE IS EFFECTIVELY THE SAME
                                                                    CHARGE DISCLOSED ON 3 FEBRUARY 2011
                                                                    AND WHICH WAS IN PLACE PRIOR TO THE
                                                                    INTRA-GROUP TRANSFER NOTIFIED ON 22ND
                                                                    OCTOBER 2013. NO ADDITIONAL SECURITY
                                                                    HAS BEEN GRANTED AS A RESULT OF THAT
                                                                    INTRA-GROUP TRANSFER.

9.    Number of shares, debentures or financial               10.   Percentage of issued class acquired (treasury shares of
      instruments relating to shares acquired                       that class should not be taken into account when
                                                                    calculating percentage)
        N/A
                                                                    N/A


11.   Number of shares, debentures or financial               12.   Percentage of issued class disposed (treasury shares of
      instruments relating to shares disposed                       that class should not be taken into account when
                                                                    calculating percentage)
        N/A
                                                                    N/A

13.   Price per share or value of transaction                 14.   Date and place of transaction

      THE CHARGE OVER THE SHARES AND                                17th OCTOBER 2013
      CONVERTIBLE    BONDS     HAS    BEEN                          LONDON
      PROVIDED AS SECURITY FOR AN INTEREST
      BEARING LOAN MADE AVAILABLE TO
      PEEL CHAPEL HOLDINGS (IOM) LIMITED




15.   Total holding following notification and total     16.   Date issuer informed of transaction
      percentage holding following notification (any
      treasury shares should not be taken into account         7TH JANUARY 2014
      when calculating percentage)

      TOTAL INTEREST IN ORDINARY SHARES –
      192,102,358 (19.73%)

      TOTAL INTEREST (INCLUDING SHARES
      ISSUABLE         ON      CONVERSION      OF
      CONVERTIBLE BONDS) –             230,681,608
      (23.69%)
17.   Any additional information                         18.   Name of contact and telephone number for queries

      THIS NOTIFICATION CORRECTS THE                           CHRIS EVES
      PREVIOUS NOTIFICATION RELATING TO                        01624 827503
      THE INTRA-GROUP TRANSFER NOTIFIED
      ON 22ND OCTOBER 2013




Simon Maynard
Assistant Company Secretary
0207 887 7108

7 January 2014

Sponsor:
Merrill Lynch South Africa (Pty) Ltd

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