INTU PROPERTIES PLC - Mailing of Shareholder Circular Approval of Related Party Lease Transaction

Mailing of Shareholder Circular – Approval of Related Party Lease Transaction

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


25 November 2015

Intu Properties plc

Mailing of Shareholder Circular – Approval of Related Party Lease Transaction


In accordance with Listing Rule 9.6.1, Intu Properties plc (the “Company”) confirms that it has today
posted to shareholders a circular convening a general meeting of the Company, to be held on 18
December 2015, at which shareholders will be asked to consider and authorise a specific property
lease under the related party requirements of section 190 of the Companies Act 2006. A copy of the
shareholder circular, and related information for shareholders regarding the general meeting, have
also been made available via the Company’s website at www.intu.co.uk/investors.

The proposed lease is not considered material in the context of the group’s operations, and
shareholder authorisation is being sought by virtue of the value of the lease exceeding the de minimis
threshold of £100,000 for related party transactions under s.190 of the Companies Act 2006, and the
lease counterparty being the existing tenant, Clydeport Operations Limited (“Clydeport”). Clydeport is
a member of the Peel Ports Group, which forms part of the Peel Group. John Whittaker, Deputy
Chairman and Non-Executive Director of the Company, is also Chairman of the Peel Group which,
through associated companies, is also the Company’s largest beneficial shareholder.

A copy of the shareholder circular has also been forwarded to the National Storage Mechanism and
will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.



Susan Marsden
Company Secretary
0207 887 7000

Sponsor:
Merrill Lynch South Africa (Pty) Ltd

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