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INTU PROPERTIES PLC - Notification of Repurchase of Convertible Bonds

Release Date: 28/09/2017 12:35
Code(s): ITU     PDF:  
Wrap Text
Notification of Repurchase of Convertible Bonds

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

LEI: 213800JSNTERD5CJZO95

Regulated Information Classification: Additional regulated information required to be disclosed under the
laws of a Member State of the EU.

28 September 2017
Notification of Repurchase of Convertible Bonds

intu properties plc (the "Company") announces that it has repurchased £32,700,000 in aggregate principal
amount of the £300,000,000 2.50 per cent. Convertible Bonds due 2018 issued by intu (Jersey) Limited and
guaranteed by the Company (the "Convertible Bonds").

Following this purchase, £267,300,000 in aggregate principal amount of the Convertible Bonds remains
outstanding.

The Company may look to make further repurchases from time to time, subject to market conditions.

The Convertible Bonds which have been purchased will either be surrendered by the Company to the issuer
for cancellation or be held until their maturity date.

This notification complies with LR 12.5.2 in relation to the repurchase of 10% of the principal amount of
the Convertible Bonds initially issued. Further announcements will be made in accordance with the Listing
Rules in the event that more Convertible Bonds are purchased.

This notification does not constitute or form part of an offer to sell or purchase, or a solicitation of an offer
to sell or purchase, the Convertible Bonds or any other securities.

 ENDS

 Susan Marsden           Group Company Secretary                                 +44 (0)20 7887 7004

JSE Sponsor:
Merrill Lynch South Africa (Pty) Limited

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