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INTU PROPERTIES PLC - Notification of Major Interests in Shares

Release Date: 25/04/2014 10:50
Code(s): ITU     PDF:  
Wrap Text
Notification of Major Interests in Shares

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

INTU PROPERTIES PLC (the “Company”)

NOTIFICATION OF MAJOR INTERESTS IN SHARES

Intu Properties plc has today received the following notification of interests in the Ordinary
shares of 50 pence each in the Company:

i) Full name of Persons subject to the     PEEL HOLDINGS (IOM) LIMITED
notification obligation

ii)Full name of shares holders (if         CHEMBANK NOMINEES LIMITED AND
different from i)                          RULEGALE NOMINEES LIMITED

iii) Date of Transaction                   22 April 2014

iv) Date issuer was notified               24 April 2014

v) Threshold that was crossed              Holding has fallen below 23% as a result of
                                           recent rights issue

vi) Situation previous to the triggering    Number of voting rights
transaction                                 190,364,317
vii) Resulting situation after the          Number of voting         % of voting rights
triggering transaction                      rights
                                            244,754,120              19.59%
viii) Financial Instruments with similar economic effect to Qualifying Financial Instruments:
Type of financial instrument:               3.75 per cent. convertible bonds
Exercise price:                             364p
Expiration date:                            Perpetual
Exercise/Conversion period:                 Period commences 24 months following issue
                                            date
Number of voting rights instrument          42,394,780
relates to:
% of voting rights                          3.39% (Nominal)
ix) Total:                                  Number of voting         % of voting rights
                                            rights
                                           287,148,900               22.98%
x) Chain of controlled undertakings through which the voting rights and/or the financial
instruments are effectively held:
Peel Holdings (IOM) Limited
  Peel Chapel Group Limited
   Peel Chapel Holdings (IOM) Limited
    Peel Holdings (TTC) Limited
        Peel Holdings Chapel No.1 Limited
                 Peel Chapel No.1 Limited (7.61% of which 1.13% represents
                 3.75% convertible bonds – i.e. 80,977,208 shares and 14,131,593
                 bonds)
Peel Holdings (IOM) Limited
  Peel Chapel Group Limited
   Peel Chapel Holdings (IOM) Limited
   Peel Holdings (TTC) Limited
        Peel Holdings Chapel No.2 Limited
                 Peel Chapel No.2 Limited (7.61% of which 1.13% represents
                 3.75% convertible bonds – i.e. 80,977,206 shares and 14,131,594
                 bonds)
        Peel Holdings Chapel No.3 Limited
                 Peel Chapel No.3 Limited (7.61% of which 1.13% represents
                 3.75% convertible bonds – i.e. 80,977,206 shares and 14,131,593
                 bonds)
Peel Holdings (IOM) Limited
 Peel Investments Holdings (IOM) Limited
  Goodweather Holdings Limited
        Albright Investments Limited (0.15% - i.e. 1,822,500 shares)

xi) Additional information              1,822,500 shares currently held by Rulegale
                                        Nominees Limited on behalf of Albright
                                        Investments Limited will be made subject to an
                                        equitable mortgage, at which point the
                                        registered shareholder will become HSDL
                                        Nominees Limited.
xii) Contact Name                       Chris Eves
xiii) Contact telephone number:         01624 827 503



Simon Maynard
Assistant Company Secretary
0207 887 7108

25 April 2014

Sponsor:
Merrill Lynch South Africa (Pty) Ltd

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