INTU PROPERTIES PLC (the "Company")

 

NOTIFICATION OF MAJOR INTERESTS IN SHARES

 

Intu Properties plc has today received the following notification of interests
in the Ordinary shares of 50 pence each in the Company:

 

i) Full name of      Peel Holdings (IOM) Limited                    
Persons subject to                                                  
the notification                                                    
obligation                                                          
                                                                    
                                                                    
                                                                    
ii)Full name of      Hanover Nominees Limited                       
shares holders (if                                                  
different from i)    HSDL Nominees Limited                          
                                                                    
                                                                    
                                                                    
iii) Date of         6 March 2013                                   
Transaction                                                         
                                                                    
                                                                    
iv) Date issuer was  6 March 2013                                   
notified                                                            
                                                                    
                                                                    
v) Threshold that    24%                                            
was crossed                                                         
                                                                    
                                                                    
vi) Situation        Number of voting rights                        
previous to the                                                     
triggering                                                          
transaction          173,566,817                                    
                                                                    
                                                                    
vii) Resulting       Number of   % of voting rights                 
situation after the  voting                                         
triggering           rights                                         
transaction                                                         
                     188,946,817 19.796%                            
                                                                    
viii) Financial Instruments with similar economic effect to         
Qualifying Financial Instruments:                                   
                                                                    
Type of financial    3.75 per cent. convertible bonds               
instrument:                                                         
                                                                    
Exercise price:      400p                                           
                                                                    
Expiration date:     Perpetual                                      
                                                                    
Exercise/Conversion  Period commences 24 months following issue date
period:                                                             
                                                                    
Number of voting     38,579,250                                     
rights instrument                                                   
relates to:                                                         
                                                                    
% of voting rights   4.042% (Nominal)                               
                                                                    
ix) Total:           Number of   % of voting rights                 
                     voting                                         
                     rights                                         
                                                                    
                     227,526,067 23.838% (including 4.042% financial
                                 instruments with similar economic  
                                 effect to Qualifying Financial     
                                 Instruments)                       
                                                                    
x) Chain of controlled undertakings through which the voting rights 
and/or the financial instruments are effectively held:              
                                                                    
Peel Holdings (IOM) Limited                                         
                                                                    
  Peel Chapel Group Limited                                         
                                                                    
    Peel Chapel Holdings (IOM) Limited                              
                                                                    
      Peel Holdings (TTC) Limited                                   
                                                                    
 Peel Holdings Chapel No.1 Limited (7.812% of which 1.347%          
represents     3.75% convertible bonds - i.e. 61,698,939 shares and 
£12,859,750 bonds)                                                  
                                                                    
     Peel Holdings Chapel No.2 Limited (7.812% of which 1.347%      
represents 3.75%   convertible bonds - i.e. 61,698,939 shares and £ 
12,859,750 bonds)                                                   
                                                                    
     Peel Holdings Chapel No.3 Limited (7.812% of which 1.347%      
represents 3.75% convertible bonds - i.e. 61,698,939 shares and £   
12,859,750 bonds)                                                   
                                                                    
 Peel Holdings Limited                                              
                                                                    
    Goodweather Holdings Limited (0.402% - i.e. 3,850,000 shares)   
                                                                    
xi) Additional       The threshold is crossed as a result of the    
information          placing completed by the issuer on 6 March 2013
                                                                    
xii) Contact Name    Gillian Gelling                                
                                                                    
xiii) Contact        01624 827 504                                  
telephone number:                                                   
                                                                    

 

 

Simon Maynard
Assistant Company Secretary
0207 887 7108