News Column

Conversion of Securities

July 4, 2014



4 July 2014Intu Properties plc Conversion of 154,317,000 3.75% Perpetual Subordinated Convertible Bonds Further to the notification by Intu Properties plc (the "Company") on 16 June 2014 relating to the conversion of 154,317,000 3.75% Perpetual Subordinated Convertible Bonds issued by the Company (the "Bonds") by certain Peel companies, the Company announces that following receipt of a conversion notice dated 2 July 2014 from the bondholders, a total, in aggregate, of 42,394,779 new ordinary shares of 50 pence each in the capital of the Company (the "New Ordinary Shares") will be issued on 7 July 2014. The New Ordinary Shares will rank pari passu with the existing ordinary shares of 50 pence each in the capital of the Company. The Company has applied for admission of the New Ordinary Shares to the Official List of the Financial Conduct Authority and to listing on the London Stock Exchange's main market for listed securities. The Company has also applied to the Johannesburg Stock Exchange ("JSE") for the listing of the New Ordinary Shares on the Main Board of the JSE. It is expected that admission of the New Ordinary Shares to the Official List will become effective, and dealings will commence, on 7 July 2014. Following this issue of shares, as at 7 July 2014 the total number of voting rights in the Company will be 1,311,353,003. This figure may then be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change in their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules. Susan Marsden Company Secretary 4 July 2014 END The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication.




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Source: PR Newswire TOD Wire


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