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INTU PROPERTIES PLC - Notification of Repurchase of Convertible Bonds

Release Date: 06/10/2017 08:00
Code(s): ITU     PDF:  
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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.

6 October 2017

Notification of Repurchase of Convertible Bonds

intu properties plc (the "Company") announces that it has repurchased a further
£34,900,000 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 the previous purchases of £104,700,000 in aggregate principal amount of the
Convertible Bonds, which were announced on 28 September 2017, 4th October and 5th October,
and this purchase, £160,400,000 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 an additional
5% 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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