Intu Properties Plc Notification of Repurchase of Convertible Bonds
06 October 2017 - 5:00PM
UK Regulatory
TIDMINTU
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
GBP34,900,000 in aggregate principal amount of the GBP300,000,000 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 GBP104,700,000 in aggregate principal amount
of the Convertible Bonds, which were announced on 28 September 2017, 4th
October and 5th October, and this purchase, GBP160,400,000 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
END
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