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INTU PROPERTIES PLC - Confirmation of Dividend Payment Date and Offer of Scrip Dividend Alternative to the Cash 2013 Final Dividend

Release Date: 20/03/2014 09:36
Code(s): ITU     PDF:  
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Confirmation of Dividend Payment Date and Offer of Scrip Dividend Alternative to the Cash 2013 Final Dividend

INTU PROPERTIES PLC
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code:      ITU
INTU PROPERTIES PLC (the “Company”)

20 MARCH 2014

CONFIRMATION OF DIVIDEND PAYMENT DATE AND OFFER OF SCRIP DIVIDEND
ALTERNATIVE TO THE CASH 2013 FINAL DIVIDEND

On 28 February 2014, the Directors proposed a final dividend for 2013 of 10.0 pence per share
(the “Dividend”). We are pleased to announce that the Dividend will be paid on 20 May 2014,
subject to approval of the shareholders at the Company’s AGM to be held on 8 May 2014. A scrip
dividend alternative is being offered follows:

   •   If taken in cash, the Dividend will comprise a Property Income Distribution (PID) element of
       7.5p and a non-PID element of 2.5p. The PID element will be subject to deduction of a 20
       per cent UK withholding tax unless exemptions apply. The non-PID element will be treated
       as an ordinary UK company dividend.
   •   Shareholders who make an election to receive shares will receive shares based on the full
       10.0 pence dividend being paid as a non-PID. As a non-PID, this will be treated as an
       ordinary UK company dividend

Shareholders should note that new ordinary shares in the Company to be issued pursuant to the
Rights Issue announced today will not be entitled to the Dividend.

Shareholders will receive the Dividend in cash unless they elect to receive shares instead. A
full description of the terms of the Scheme are contained in the Scrip Dividend Booklet which is
available for viewing or download from the Company’s website at www.intugroup.co.uk. Hard
copies can be requested via the website or by contacting the Company (email
feedback@intu.co.uk or telephone +44 (0)20 7960 1236).

Election forms for the Scrip Dividend will be posted to certificated shareholders as soon as
practicable. Further forms for certificated shareholders will be available from 31 March 2014
onwards from our Registrars:

UK Shareholders:
Capita Asset Services, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU (Tel: 0871
664 0300 (calls cost 10p per minute plus network extras), or +44 20 8 639 3399, if calling from
outside UK).

SA Shareholders:
Computershare Investor Services (Pty) Ltd., 70 Marshall Street, Johannesburg 2001, South Africa
(postal address: PO Box 61763, Marshalltown 2107, South Africa)
(Tel: +27 (0)11 370 5000).

or by download from www.intugroup.co.uk/investors/shareholders-bondholders/dividends/2013-
final-dividend/

Shareholders holding their shares in dematerialised form through CREST in the UK or Strate in SA
and who wish to make a scrip election should contact their CREST service provider, CSDP, Broker
or Nominee as applicable. Additional information is contained in the Booklet.
  A timetable of events in relation to the Dividend is set out below. The events shown in italics apply
  specifically to the scrip alternative to the Dividend.

Confirmation and timetable of scrip alternative               Thursday 20 March 2014
announced
Scrip price calculation period – average of five dealing       31 March – 4 April 2014
dates on each exchange                                                       inclusive
Currency Conversion Date (sterling/Rand)                           Friday 4 April 2014
Sterling/Rand conversion rate and dividend amount in              Monday 7 April 2014
SA currency announced
Scrip price and scrip ratio announced                             Monday 7 April 2014
Ex-dividend date (SA)                                              Friday 11 April 2014
*Ex-dividend date (UK)                                           Tuesday 15 April 2014
*Record Date (both UK and SA)                                   Thursday 17 April 2014
Last date for receipt of Tax Exemption Declaration              Thursday 17 April 2014
Forms to permit dividend to be paid gross (UK
Shareholders only)
**Election Date for scrip alternative (SA) (by noon)            Thursday 17 April 2014
**Election Date for scrip alternative (UK)(by close of           Monday 28 April 2014
business)
Dividend payment date (UK & SA)                                  Tuesday 20 May 2014
CREST (UK register) and CSDP (SA register)                       Tuesday 20 May 2014
accounts credited and share certificates issued to
certificated shareholders
First day of dealings and admission to the official list         Tuesday 20 May 2014
of the UK Listing Authority and the JSE for New
Ordinary Shares under the Scrip Dividend Scheme

  SA Shareholders should note that, in accordance with the requirements of Strate, the last day to
  trade cum-dividend will be 10 April 2014 and that no dematerialisation or rematerialisation of
  shares will be possible from 11 April to 17 April 2014 inclusive. No transfers between the UK and
  South African registers may take place from 4 April to 21 April 2014 (both days inclusive).

  * The UK Ex-Dividend and Record Dates are out of line with the LSE’s normal Dividend Procedure
  timetable due to the impact of the Rights Issue announced by the Company today.

  **Earlier election dates apply where shares are held indirectly; shareholders should contact their
  CREST service provider, CSDP, broker or nominee as applicable.

  Sponsor:
  Merrill Lynch South Africa (Pty) Ltd

Date: 20/03/2014 09:36:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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