NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND CONNECTED PERSONS
1. Name of the issuer 2. State whether the notification
relates to (i) a transaction
notified in accordance with DTR
3.1.2 R, (ii) a disclosure made
in accordance with section 793 of
the Companies Act 2006, or (iii)
INTU PROPERTIES PLC in accordance with paragraph 26
of the Model Code
NOTIFICATION IN ACCORDANCE WITH
DTR 3.1.2
3. Name of person discharging 4 State whether notification
managerial responsibilities/ relates to a person connected
director with a person discharging
managerial responsibilities/
director named in 3 and identify
the connected person
JOHN WHITTAKER
PEEL CHAPEL NO.1 LIMITED
PEEL CHAPEL NO.2 LIMITED
PEEL CHAPEL NO.3 LIMITED
CHEESEDEN INVESTMENTS LIMITED
5. Indicate whether the notification 6. Description of shares (including
is in respect of a holding of the class), debentures or derivatives
person referred to in 3 or 4 above or financial instruments relating
or in respect of a non-beneficial to shares
interest1
BENEFICIAL HOLDING OF PERSONS
MENTIONED IN BOX 4 ABOVE ORDINARY SHARES OF 50p
7. Name of registered shareholder(s) 8. State the nature of the
and, if more than one, the number transaction
of shares held by each of them
CHEMBANK NOMINEES LIMITED
(FOLLOWING INTRA-GROUP TRANSFER
DESCRIBED IN BOX 8 BELOW):
188,946,817 1. INTRA-GROUP TRANSFER OF
3,850,000 SHARES (THE
"TRANSFERRED SHARES") BY HDSL
NOMINEES LIMITED (IN RESPECT OF
RULEGALE NOMINEES LIMITED THE LEGAL TITLE) AND GOODWEATHER
(ACQUISITION DESCRIBED IN BOX 8 HOLDINGS LIMITED (IN RESPECT OF
BELOW): 5,855,541 THE BENEFICIAL TITLE) TO CHEMBANK
NOMINEES LIMITED TO HOLD
BENEFICIALLY FOR THE COMPANIES
MENTIONED IN BOX 4 ABOVE, AS
FOLLOWS:
PEEL CHAPEL NO.1 LIMITED:
1,283,334 SHARES;
PEEL CHAPEL NO.2 LIMITED:
1,283,333 SHARES; AND
PEEL CHAPEL NO.3 LIMITED:
1,283,333 SHARES.
2. MARKET ACQUISITION BY
CHEESEDEN INVESTMENTS LIMITED
(HELD BY RULEGALE NOMINEES
LIMITED) OF 2,700,000 SHARES.
9. Number of shares, debentures or 10. Percentage of issued class
financial instruments relating to acquired (treasury shares of that
shares acquired class should not be taken into
account when calculating
percentage)
6,550,000 ORDINARY SHARES,
ACQUIRED (OF WHICH 3,850,000
THROUGH AN INTRA-GROUP TRANSFER) 0.673% (OF WHICH 0.395% THROUGH
AS SET OUT IN BOX 8 ABOVE AN INTRA-GROUP TRANSFER) AS SET
OUT IN BOX 8 ABOVE
11. Number of shares, debentures or 12. Percentage of issued class
financial instruments relating to disposed (treasury shares of that
shares disposed class should not be taken into
account when calculating
percentage)
N/A
N/A
13. Price per share or value of 14. Date and place of transaction
transaction
THE INTRA-GROUP TRANSACTION TOOK
THE INTRA-GROUP TRANSFER DESCRIBED PLACE ON 20 MARCH 2014
ABOVE TOOK PLACE AT A PRICE OF
308.30 PENCE PER SHARE
THE MARKET PURCHASES TOOK PLACE
BETWEEN 20-25 MARCH 2014
THE MARKET PURCHASE DESCRIBED
ABOVE TOOK PLACE AT THE FOLLOWING
PRICES:
LONDON
2,000,000 SHARES PURCHASED AT A
PRICE OF 306.478 PENCE PER SHARE.
350,000 SHARES PURCHASED AT A
PRICE OF 308,143 PENCE PER SHARE.
350,000 SHARES PURCHASED AT A
PRICE OF 307.843 PENCE PER SHARE
15. Total holding following 16. Date issuer informed of
notification and total percentage transaction
holding following notification
(any treasury shares should not be
taken into account when
calculating percentage) 26 MARCH 2014
TOTAL INTEREST IN ORDINARY SHARES
- 194,802,358 (20.00%)
TOTAL INTEREST (INCLUDING SHARES
ISSUABLE ON CONVERSION OF
CONVERTIBLE BONDS) - 233,381,608
(23.96%)
17. Any additional information 18. Name of contact and telephone
number for queries
THE TRANSFERRED SHARES (BUT FOR
THE AVOIDANCE OF DOUBT NOT THE CHRIS EVES
2,700,000 SHARES ACQUIRED BY WAY
OF MARKET PURCHASES AS SET OUT IN 01624 827503
BOX 8) WILL BE SUBJECT TO AN
EQUITABLE CHARGE AS SECURITY FOR
AN INTEREST BEARING LOAN MADE
PAYABLE TO PEEL CHAPEL HOLDINGS
(IOM) LIMITED (INITIALLY NOTIFIED
TO THE MARKET ON 3 FEBRUARY 2011)
Simon Maynard
Assistant Company Secretary
0207 887 7108
