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.
5 October 2017
Notification of Repurchase of
Convertible Bonds
intu properties plc (the "Company") announces that it has
repurchased a further £57,000,000 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 purchase of £32,700,000 in aggregate
principal amount of the Convertible Bonds, which was announced on
28 September 2017, and this purchase,
£210,300,000 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 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 |
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Susan Marsden |
Group Company Secretary |
+44 (0)20 7887 7004 |