NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND CONNECTED PERSONS
1. Name of the issuer 2. State whether the notification
relates to (i) a transaction
INTU PROPERTIES PLC notified in accordance with DTR
3.1.2 R, (ii) a disclosure made in
accordance with section 793 of the
Companies Act 2006, or (iii) in
accordance with paragraph 26 of the
Model Code
TRANSACTIONS NOTIFIED IN ACCORDANCE
WITH DTR 3.1.2
3. Name of person discharging 4 State whether notification relates
managerial responsibilities/ to a person connected with a person
director discharging managerial
responsibilities/director named in 3
JOHN WHITTAKER and identify the connected person
PEEL CHAPEL NO.1 LIMITED
PEEL CHAPEL NO.2 LIMITED
PEEL CHAPEL NO.3 LIMITED
ALBRIGHT INVESTMENTS LIMITED
CHEESEDEN INVESTMENTS LIMITED
5. Indicate whether the notification 6. Description of shares (including
is in respect of a holding of the class), debentures or derivatives or
person referred to in 3 or 4 financial instruments relating to
above or in respect of a shares
non-beneficial interest1
ORDINARY SHARES OF 50P
BENEFICIAL HOLDING OF PERSONS
MENTIONED IN BOX 4 ABOVE
7. Name of registered shareholder(s) 8. State the nature of the transaction
and, if more than one, the number
of shares held by each of them 1. ACQUISITION OF SHARES ON BEHALF
OF PEEL CHAPEL NO.1 LIMITED, PEEL
CHEMBANK NOMINEES LIMITED (IN CHAPEL NO.2 LIMITED AND PEEL CHAPEL
RESPECT OF SHARES HELD ON BEHALF NO.3 LIMITED ON COMPLETION OF THE
OF PEEL CHAPEL NO.1 LIMITED SUBSCRIPTION FOR ORDINARY SHARES IN
RELATION TO THE EXERCISE OF AN
PEEL CHAPEL NO.2 LIMITED AND OPTION TO ACQUIRE A SITE FOR A PRIME
RETAIL AND LEISURE RESORT IN SPAIN,
PEEL CHAPEL NO.3 LIMITED FURTHER TO THE CIRCULAR TO
SHAREHOLDERS DATED 10 MARCH 2015,
REPRESENTING IN AGGREGATE THE SUBSEQUENT PASSING OF THE
291,582,474 SHARES) RELATED RESOLUTION AT THE GENERAL
MEETING OF THE COMPANY HELD ON 15
RULEGATE NOMINEES LIMITED (IN APRIL 2015 AND THE ANNOUNCEMENTS
RESPECT OF CERTAIN SHARES HELD ON MADE ON 5 MARCH AND 15 MAY 2015.
BEHALF OF ALBRIGHT INVESTMENTS
LIMITED AND SHARES HELD ON BEHALF 2. MARKET PURCHASES ON BEHALF OF
OF CHEESEDEN INVESTMENTS LIMITED, ALBRIGHT INVESTMENTS LIMITED AND
REPRESENTING IN AGGREGATE CHEESEDEN INVESTMENTS LIMITED (THE
15,919,553 SHARES) LEGAL TITLE TO WHICH IS HELD BY
RULEGATE NOMINEES LIMITED)
9. Number of shares, debentures or 10. Percentage of issued class acquired
financial instruments relating to (treasury shares of that class
shares acquired should not be taken into account
when calculating percentage)
1. IN AGGREGATE 6,256,075 SHARES
WERE ACQUIRED ON BEHALF OF PEEL 0.6170% OF ORDINARY SHARES
CHAPEL NO.1 LIMITED, PEEL CHAPEL
NO.2 LIMITED AND PEEL CHAPEL NO.3
LIMITED, SPLIT AS FOLLOWS:
(a) PEEL CHAPEL NO.1 LIMITED
2,085,358
(b) PEEL CHAPEL NO.2 LIMITED
2,085,358
(c) PEEL CHAPEL NO.3 LIMITED
2,085,359
2. MARKET PURCHASES WERE AS
FOLLOWS:
(a) 925,000 SHARES WERE ACQUIRED
ON BEHALF OF ALBRIGHT INVESTMENTS
LIMITED ON 19 MAY 2015;
(b) 877,500 SHARES WERE ACQUIRED
ON BEHALF OF ALBRIGHT INVESTMENTS
LIMITED ON 20 MAY 2015;
(c) 105,500 SHARES WERE ACQUIRED
ON BEHALF OF CHEESEDEN
INVESTMENTS LIMITED ON 20 MAY
2015.
11. Number of shares, debentures or 12. Percentage of issued class disposed
financial instruments relating to (treasury shares of that class
shares disposed should not be taken into account
when calculating percentage)
N/A
N/A
13. Price per share or value of 14. Date and place of transaction
transaction
LONDON, 19, 20 AND 21 MAY 2015
1. SHARES WERE ACQUIRED ON BEHALF
OF PEEL CHAPEL NO.1 LIMITED, PEEL
CHAPEL NO.2 LIMITED AND PEEL
CHAPEL NO.3 LIMITED FOR, IN
AGGREGATE, £21,668,100, SPLIT AS
FOLLOWS:
(a) PEEL CHAPEL NO.1 LIMITED -
£7,222,698.85
(b) PEEL CHAPEL NO.2 LIMITED -
£7,222,698.85
(c) PEEL CHAPEL NO.3 LIMITED -
£7,222,702.30
2. MARKET PURCHASES WERE MADE AT
THE FOLLOWING PRICES:
(a) ACQUISITION BY ALBRIGHT
INVESTMENTS LIMITED OF 925,000
SHARES ON 19 MAY 2015:
£3,242,154.60 IN TOTAL (£3.51 PER
SHARE);
(b) ACQUISITION BY ALBRIGHT
INVESTMENTS LIMITED OF 877,500
SHARES ON 20 MAY 2015:
£3,072,618.90 IN TOTAL (£3.50 PER
SHARE);
(c) ACQUISITION BY CHEESEDEN
INVESTMENTS LIMITED OF 105,000
SHARES ON 20 MAY 2015:
£369,414.58 IN TOTAL (£3.50 PER
SHARE).
15. Total holding following 16. Date issuer informed of transaction
notification and total percentage
holding following notification 21 MAY 2015
(any treasury shares should not
be taken into account when
calculating percentage)
309,324,527 (23.378%)
17. Any additional information 18. Name of contact and telephone number
for queries
THE ORDINARY SHARES ISSUED TO
PEEL CHAPEL NO.1 LIMITED, PEEL CHRIS EVES
CHAPEL NO.2 LIMITED AND PEEL
CHAPEL NO.3 LIMITED ARE SUBJECT 01624 827 503
TO AN EQUITABLE CHARGE AS
SECURITY FOR AN INTEREST BEARING
LOAN MADE AVAILABLE TO PEEL
CHAPEL HOLDINGS (IOM) LIMITED
(INITIALLY NOTIFIED TO THE MARKET
ON 3 FEBRUARY 2011).
THE 1,802,500 SHARES ACQUIRED BY
ALBRIGHT INVESTMENTS LIMITED WILL
BE SUBJECT TO A FLOATING CHARGE
(TO WHICH ALL OF THE SHARES IN
THE ISSUER ALREADY HELD BY
RULEGATE NOMINEES LIMITED ON
BEHALF OF ALBRIGHT INVESTMENTS
LIMITED PRIOR TO THE DATE OF THE
NOTIFIED ACQUISITIONS ARE ALSO
SUBJECT).
THE PERCENTAGE CALCULATIONS ABOVE
ARE BASED ON TOTAL VOTING RIGHTS
OF THE COMPANY AS AT 21 MAY 2015
OF 1,323,118,577, AN INCREASE OF
6,256,075 FROM THE PREVIOUSLY
ANNOUNCED TOTAL AS A RESULT OF
THE SHARE ISSUE REFERRED TO IN 8
(1.).
Susan Marsden
Group Company Secretary
020 7887 7004