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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Intu Properties Plc | LSE:INTU | London | Ordinary Share | GB0006834344 | ORD 50P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.752 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMINTU
RNS Number : 8401V
Intu Properties PLC
26 July 2018
26 JULY 2018
intu properties plc ("intu" or the "Company")
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.
LEI: 213800JSNTERD5CJZO95
Regulated Information Classification: Inside Information
intu announces that David Fischel, Chief Executive, will be standing down from the Board and leaving intu once a successor to David has been appointed.
intu's Chairman, John Strachan, said:
"David has been with the Group since 1985, and Chief Executive since 2001, a period which has included transformative events such as the demerger of Capital & Counties in 2010, the intu Trafford Centre transaction in 2011 and the rebranding as intu in 2013. He has played a major role in intu becoming the UK's leading owner, developer and manager of large scale regional shopping centres with some GBP10 billion of assets.
Under the proposed Hammerson merger, David was expecting to stand down upon the transaction completing. That transaction is no longer proceeding, and the Board is enormously grateful to David for agreeing to remain in post for a longer period than he had envisaged, giving the Board sufficient time to search for a suitable successor.
I would like also to extend my personal gratitude for the substantial contribution David has made to this business over many years."
intu will provide further detail on timing once a successor has been identified.
Enquiries:
intu properties plc
John Strachan Chairman +44 (0) 207 960 1201
Amanda Campbell Communications Director +44 (0) 207 960 1241 Adrian Croft Head of Investor Relations +44 (0) 207 960 1212
Public relations
UK: Justin Griffiths, Powerscourt +44 (0) 207 250 1446
SA: Frédéric Cornet, Instinctif Partners +27 (0) 114 473 030
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
BOADMGZNKVNGRZG
(END) Dow Jones Newswires
July 26, 2018 02:02 ET (06:02 GMT)
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