RNS Number : 4308O
Intu Debenture PLC
14 May 2024
 

Intu Debenture PLC

Passing of Extraordinary Resolution

 


INTU DEBENTURE PLC

LEI: 213800UX3TM5RGB1UF29

£354,876,000 8.75 per cent. First Mortgage Debenture Stock 2027

INTU DEBENTURE PLC (THE "COMPANY") ANNOUNCES PASSING OF EXTRAORDINARY RESOLUTION AT STOCKHOLDER MEETING

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    14 May 2024

Extraordinary resolution passed at Stockholder Meeting

Further to the Company's announcements on 16 April 2024 and 18 April 2024, announcing that the Company had convened an meeting of Stockholders held by way of videoconference on 14 May 2024 at 10:00 a.m. (BST) (the "Meeting") at which Stockholders would be asked to approve an Extraordinary Resolution regarding, amongst other matters, the approval of the business plan uploaded to the Company's website on 15 February 2024[1] and proposed amendments to the Trust Deed more fully set out in the Notice of Meeting dated 16 April 2024 (the "Transaction"), the Company confirms that the Meeting has taken place and that the Extraordinary Resolution was approved.

The Company will now implement each of the proposals set out in the Notice of Meeting and will provide a further update on completion of the Transaction in due course. Stockholders should refer to the Notice of Meeting for further details in connection with the proposals set out therein.

The Notice of Meeting which sets out the Extraordinary Resolution that was duly passed, and copies of certain of the documents referenced therein were distributed to the Stockholders by post and remain available to Stockholders (who provide evidence of their Stockholding to the satisfaction of the Trustee) through a secured web portal, the details of which are available from the Trustee who can be contacted at legalnotices@lawdeb.com. The Company will continue to keep Stockholders notified of any relevant developments in accordance with applicable laws and regulations.

Capitalised terms used in this announcement and not otherwise defined shall have the meanings given to them in the Trust Deed dated 5 October 2006 (as amended and supplemented from time to time) and the Supplemental Trust Deed dated 30 July 2020 (together, the "Trust Deed") constituting the Stock and made between the Company, the Charging Subsidiaries (as defined in the Trust Deed), and The Law Debenture Trust Corporation p.l.c. (the "Trustee"), unless the context otherwise requires.

Please note that the Trustee has not been involved in the preparation or formulation of this announcement, the Notice of Adjourned Meeting or the Extraordinary Resolution and expresses no views or opinions on this announcement, the Notice of Adjourned Meeting, or the Extraordinary Resolution. Stockholders are advised to take their own legal, financial and/or tax advice in relation to this announcement, the Notice of Adjourned Meeting and the Extraordinary Resolution.

Stockholders should contact the following for further information:

Company

Simmons & Simmons LLP

Citypoint

1 Ropemaker Street

London

EC2Y 9SS

United Kingdom

Email: intu@simmons-simmons.com

Attention: James Taylor

Registrar

Link Group

PXS 1

Central Square

29 Wellington Street

Leeds

LS1 4DL

United Kingdom

Telephone: +44 371 664 0300

(Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. Open between 09:00 -17:30, Monday to Friday excluding public holidays in England and Wales)

Email: shareholderenquiries@linkgroup.co.uk   

This announcement is made by Intu Debenture PLC

Dated: 14 May 2024

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