Intu Properties Plc Notification of Repurchase of Convertible Bonds

 
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                     [phone] 
 
 
 
END 
 

(END) Dow Jones Newswires

October 06, 2017 02:00 ET (06:00 GMT)