INTU PROPERTIES PLC - Dealings in Securities by a Director

Release Date: 13/03/2018 13:55
Code(s): ITU
 
Wrap Text
Dealings in Securities by a Director

Intu Properties plc (“intu”)
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code:     ITU

                                                                                            FORM 8 (DD)

 PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN
    CONCERT (INCLUDING DEALINGS FOR THE ACCOUNT OF DISCRETIONARY
                             INVESTMENT CLIENTS)
            Rules 8.1, 8.2 and 8.4 of the Takeover Code (the “Code”)

1.         KEY INFORMATION

(a) Full name of discloser:                                         David Fischel

(b) Owner or controller of interests and short                      N.A
    positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is
    insufficient. For a trust, the trustee(s), settlor and
    beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose                    intu properties plc (offeree)
    relevant securities this form relates:
    Use a separate form for each offeror/offeree
(d) Status of person making the disclosure:                         Person acting in concert with
    e.g. offeror, offeree, person acting in concert with            offeree (director)
    the offeror/offeree (specify name of offeror/offeree)
(e) Date dealing undertaken:                                        12 March 2018

(f) In addition to the company in 1(c) above, is the                NO
    discloser making disclosures in respect of any
    other party to the offer?
    If it is a cash offer or possible cash offer, state “N/A”

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant
securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for
each additional class of relevant security.

(a)        Interests and short positions in the relevant securities of the offeror or offeree
           to which the disclosure relates following the dealing

Class of relevant security:                    Ordinary shares

                                                        Interests                   Short positions
                                                     Number            %            Number           %
(1) Relevant securities owned                      1,214,423(1)      0.0896           N/A           N/A
    and/or controlled:
(2) Cash-settled derivatives:                           N/A           N/A             N/A            N/A

(3) Stock-settled derivatives                           N/A           N/A             N/A            N/A
    (including options) and
    agreements to purchase/sell:
                                                   1,214,423(1)      0.0896           N/A            N/A
      TOTAL:
      (1) Includes interests held by Susan Clare Fischel.

All interests and all short positions should be disclosed.




                                                            
Form 8 (DD)                                                                                    August 2016
Intu Properties plc (“intu”)
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code:     ITU

Details of any open stock-settled derivative positions (including traded options), or
agreements to purchase or sell relevant securities, should be given on a Supplemental
Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements
should be disclosed on a Supplemental Form 8 (SBL).

(b)     Rights to subscribe for new securities (including directors’ and other employee
        options)

Class of relevant security in relation to     Ordinary shares
which subscription right exists:
Details, including nature of the rights       See below - options and awards held by David
concerned and relevant percentages:           Fischel

        Bonus Share Scheme

         DATE OF              NUMBER OF            EXERCISE PRICE        VESTING DATE
         AWARD                SHARES
         7 March 2016         52,663               Nil                   7 March 2019
         7 March 2017         57,642               Nil                   7 March 2020
         7 March 2017         58,905               Nil                   7 March 2019
         9 Mar 2018           52,354               Nil                   9 Mar 2020
         9 Mar 2018           52,354               Nil                   9 Mar 2021

        Performance Share Plan

         DATE OF              NUMBER OF            EXERCISE PRICE        VESTING DATE
         AWARD                SHARES
         21 May 2013          210,193              Nil                   21 May 2018
                                                                         (Linked to JSOP
                                                                         award granted 21
                                                                         May 2013)
         29 April 2014        155,673              Nil                   29 April 2018
         29 Apr 2014          155,673              Nil                   29 Apr 2019
         11 Mar 2015          130,248              Nil                   11 Mar 2019
         11 Mar 2015          130,248              Nil                   11 Mar 2020
         7 Mar 2016           157,998              Nil                   7 Mar 2019
         7 Mar 2016           157,998              Nil                   7 Mar 2020
         7 Mar 2016           157,998              Nil                   7 Mar 2021
         7 Mar 2017           171,637              Nil                   7 Mar 2020
         7 Mar 2017           171,637              Nil                   7 Mar 2021
         7 Mar 2017           171,638              Nil                   7 Mar 2022
         9 Mar 2018           242,382              Nil                   9 Mar 2021
         9 Mar 2018           242,382              Nil                   9 Mar 2022
         9 Mar 2018           242,382              Nil                   9 Mar 2023

        Approved Share Option Plan

         DATE OF              NUMBER OF             EXERCISE PRICE       VESTING DATE
         AWARD                SHARES
         28 May 2009          12,906                232.410p             28 May 2012

        Joint Share Ownership Plan (JSOP)

         DATE OF              NUMBER OF             THRESHOLD            VESTING DATE


                                              
Form 8 (DD)                                                                        August 2016
Intu Properties plc (“intu”)
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code:     ITU

           AWARD                  SHARES                    PRICE
           10 August 2010         1,382,972                 285.630p             10 August 2013
           21 May 2013            210,193                   305.390p             21 May 2018

          Share Incentive Plan

           UNAVAILABLE        TAXABLE         TAX FREE         TOTAL
           5,584              4,094           11,360           21,038


3.        DEALINGS BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or
offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class
of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)       Purchases and sales

(i)       Party to an offer or person acting in concert (except for a principal trader in the
          same group as a connected adviser)

 Class of relevant            Purchase/sale                  Number of             Price per unit
     security                                                securities
Ordinary shares             N/A                       N/A                       N/A

(ii)      Principal trader where the sole reason for the connection is that the principal
          trader is in the same group as a connected adviser

       Class of        Purchases/           Total number         Highest price          Lowest price
       relevant          sales              of securities           per unit               per unit
       security                                                  paid/received          paid/received
N/A                  N/A                    N/A                 N/A                    N/A


(b)       Cash-settled derivative transactions

       Class of       Product            Nature of dealing                Number of        Price per
       relevant      description       e.g. opening/closing a             reference           unit
       security       e.g. CFD           long/short position,             securities
                                       increasing/reducing a
                                          long/short position
N/A                 N/A              N/A                                N/A              N/A


(c)       Stock-settled derivative transactions (including options)

(i)       Writing, selling, purchasing or varying

 Class         Product         Writing,        Number        Exercise       Type        Expiry    Option
   of         description    purchasing,           of         price          e.g.        date     money
relevant        e.g. call      selling,       securities     per unit     American,                paid/
security         option      varying etc.      to which                   European               received
                                                option                       etc.                per unit
                                                relates


                                                  
Form 8 (DD)                                                                                 August 2016
Intu Properties plc (“intu”)
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code:     ITU

N/A           N/A          N/A             N/A            N/A        N/A      N/A       N/A


(ii)    Exercise

    Class of             Product            Exercising/         Number of    Exercise price
    relevant           description           exercised          securities      per unit
    security          e.g. call option        against
Ordinary Shares     Right to acquire     Existing intu      27,865           Nil
                    shares under the     properties plc
                    intu properties      shares
                    plc Bonus Share      transferred by
                    Scheme and           employee
                    Performance          benefit trust
                    Share Plan


(d)     Other dealings (including subscribing for new securities)

 Class of        Nature of dealing                         Details                  Price per
 relevant         e.g. subscription,                                                 unit (if
 security            conversion                                                    applicable)
N/A             N/A                      N/A                                       N/A


4.      OTHER INFORMATION

(a)     Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding,
formal or informal, relating to relevant securities which may be an inducement to deal
or refrain from dealing entered into by the party to the offer or person acting in concert
making the disclosure and any other person:
Irrevocable commitments and letters of intent should not be included. If there are no such
agreements, arrangements or understandings, state “none”

N/A


(b)     Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between
the party to the offer or person acting in concert making the disclosure and any other
person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which
     any derivative is referenced:
If there are no such agreements, arrangements or understandings, state “none”

N/A


(c)     Attachments

Are any Supplemental Forms attached?




                                                 
Form 8 (DD)                                                                         August 2016
Intu Properties plc (“intu”)
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code:     ITU

Supplemental Form 8 (Open Positions)                                              NO

Supplemental Form 8 (SBL)                                                         NO



Date of disclosure:                              13 March 2018

Contact name:                                    Susan Marsden

Telephone number:                                +44 (0) 2078877073


Public disclosures under Rule 8 of the Code must be made to a Regulatory Information
Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s
dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.



JSE Sponsor:
Merrill Lynch South Africa (Pty) Limited




                                             
Form 8 (DD)                                                                      August 2016

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