JSE Sens

INTU PROPERTIES PLC - Notification of major holdings

08 November 2019 - 14:30 PM
ITU
Notification of major holdings

INTU PROPERTIES PLC
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code:      ITU
LEI: 213800JSNTERD5CJZO95


TR-1: Standard form for notification of major holdings

  NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word for-
  mat if possible)I

  1a. Identity of the issuer or the underlying is-
  suer of existing shares to which voting rights                                        Intu Properties Plc
  are attachedii:
  1b. Please indicate if the issuer is a non-UK issuer (please mark with an X if appropriate)
  Non-UK issuer

  2. Reason for the notification (please mark the appropriate box or boxes with an X)

  An acquisition or disposal of voting rights                                                            X

  An acquisition or disposal of financial instruments

  An event changing the breakdown of voting rights

  Other (please specify)iii:

  3. Details of person subject to the notification obligation (iv)
  Name                                                                                          JPMorgan Chase & Co.
  City and country of registered office (if applicable)                                    Wilmington, Delaware, USA

  4. Full name of shareholder(s) (if different from 3.)v
                                                                                          J.P. Morgan Securities plc
  Name                                                                                    J.P. Morgan Securities LLC
                                                                           JPMorgan Chase Bank, National Association
  City and country of registered office (if applicable)                                       London, United Kingdom

  5. Date on which the threshold was crossed or
                                                                                                     06 November 2019
  reached (vi):

  6. Date on which issuer notified (DD/MM/YYYY):                                                     08 November 2019

  7. Total positions of person(s) subject to the notification obligation

                                                             % of voting rights
                           % of voting rights               through financial                                             Total number of
                            attached to shares (total          instruments                      Total of both in %      voting rights of issuer (vii) 
                                   of 8. A)               (total of 8.B 1 + 8.B 2)                 (8.A + 8.B)
                                                                          
                                                                                          
                                                     
  Resulting situation
  on the date on which
  threshold was
                                  1.09%                          4.15%                                5.24%               1,355,040,243
  crossed or reached
Position of previous           Below Minimum              Below Minimum                             Below Minimum
notification (if
applicable)                       Threshold                  Threshold                               Threshold



8. Notified details of the resulting situation on the date on which the threshold was crossed or
reached(viii)
A: Voting rights attached to shares
Class/type of             Number of voting rights(ix)                           % of voting rights
shares
ISIN code (if possible)           Direct                 Indirect                      Direct                   Indirect
                              (Art 9 of Directive    (Art 10 of Directive          (Art 9 of Directive      (Art 10 of Directive
                           2004/109/EC) (DTR5.1)       2004/109/EC)             2004/109/EC) (DTR5.1)         2004/109/EC)
                                                         (DTR5.2.1)                                             (DTR5.2.1)

  GB0006834344                                         14,807,909                                                1.09%




SUBTOTAL 8. A                               14,807,909                                              1.09%



B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
                                                                            Number of voting rights
Type of financial in-     Expiration           Exercise/                    that may be acquired if
                                                                                                         % of voting rights
strument                  date(x)                Conversion Period(xi)          the instrument is
                                                                            exercised/converted.

   Right to Recall                N/A                  N/A                         5,089,824                     0.38%

 Convertible Bond           01/11/2022              01/11/2022                     9,518,478                     0.70%

 Convertible Bond
                            01/11/2022              01/11/2022                     1,546,417                     0.11%
  Right to Recall
                                               SUBTOTAL 8. B 1                     16,154,719                    1.19%



B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive
2004/109/EC (DTR5.3.1.1 (b))
                                                                       Physical or
Type of finan-       Expiration           Exercise/                                      Number of
                                                                       cash                              % of voting rights
cial instrument      date(x)              Conversion Period xi                           voting rights
                                                                       settlement(xii)
 Cash Settled
  Call or Put          08/11/2019       Put: 255p Call:382.5p               Cash         1,058,320              0.078%
   Option*
 Cash Settled
  Call or Put          15/11/2019       Put: 255p Call:382.5p               Cash         1,058,320              0.078%
   Option*
 Cash Settled
  Call or Put          22/11/2019       Put: 255p Call:382.5p               Cash         1,058,320              0.078%
   Option*
Cash Settled
 Call or Put           29/11/2019         Put: 255p Call:382.5p             Cash          1,058,320             0.078%
  Option*
Cash Settled
 Call or Put            06/12/2019        Put: 255p Call:382.5p             Cash           1,058,320            0.078%
  Option*
Cash Settled
 Call or Put            13/12/2019        Put: 255p Call:382.5p             Cash           1,058,320            0.078%
  Option*
Cash Settled
 Call or Put            20/12/2019        Put: 255p Call:382.5p             Cash           1,058,320            0.078%
  Option*
Cash-settled
                        27/11/2019        27/11/2019                        Cash           1,849,300             0.14%
Equity Swap
Cash-settled
                        03/12/2019        03/12/2019                        Cash           96,801               0.01%
Equity Swap
Cash-settled
                        04/12/2019        04/12/2019                        Cash           2,000,000            0.15%
Equity Swap
Cash-settled
                        03/01/2020        03/01/2020                        Cash            81,647              0.01%
Equity Swap
Cash-settled
                        07/01/2020        07/01/2020                        Cash            846,955             0.06%
Equity Swap
Cash-settled
                        04/02/2020        04/02/2020                        Cash            37,089              0.00%
Equity Swap
Cash-settled
                        28/02/2020        28/02/2020                        Cash            1,000,000           0.07%
Equity Swap
Cash-settled
                        03/03/2020        03/03/2020                        Cash            10,194              0.00%
Equity Swap
Cash-settled
                        02/04/2020        02/04/2020                        Cash            6,209               0.00%
Equity Swap
Cash-settled
                        30/04/2020        30/04/2020                        Cash            749,772             0.06%
Equity Swap
Cash-settled
                        05/05/2020        05/05/2020                        Cash            95,820              0.01%
Equity Swap
Cash-settled
                        02/06/2020        02/06/2020                        Cash            81,091              0.01%
Equity Swap
Cash-settled
                        18/06/2020        18/06/2020                        Cash            1,120,858           0.08%
Equity Swap
Cash-settled
                        30/06/2020        30/06/2020                        Cash            1,840,227           0.14%
Equity Swap
Cash-settled
                        01/07/2020        01/07/2020                        Cash             8,070              0.00%
Equity Swap
Cash-settled
                        02/07/2020        02/07/2020                        Cash             29,520             0.00%
Equity Swap
Cash-settled
                        28/07/2020        28/07/2020                        Cash             9,773              0.00%
Equity Swap
Cash-settled
                        04/08/2020        04/08/2020                        Cash             9,435              0.00%
Equity Swap
Cash-settled
                        02/09/2020        02/09/2020                        Cash             25,190             0.00%
Equity Swap
Cash-settled
                        18/09/2020        18/09/2020                        Cash             7,338              0.00%
Equity Swap
Cash-settled
                        02/10/2020        02/10/2020                       Cash            311,519              0.02%
Equity Swap
 Cash-settled
                     15/10/2020              15/10/2020                  Cash          16,828,330               1.24%
 Equity Swap
 Cash-settled
                     20/10/2020              20/10/2020                  Cash            348,684                0.03%
 Equity Swap
 Cash-settled
                     31/10/2020              31/10/2020                  Cash             25,724                0.00%
 Equity Swap
 Cash-settled
                     02/11/2020              02/11/2020                  Cash           1,227,718               0.09%
 Equity Swap
 Cash-settled
                     03/11/2020              03/11/2020                  Cash            230,018                0.02%
 Equity Swap
 Cash-settled
                     19/11/2020              19/11/2020                  Cash             23,516                0.00%
 Equity Swap
 Cash-settled
                     26/11/2020              26/11/2020                  Cash             7,546                 0.00%
 Equity Swap
 Cash-settled
                     10/12/2020              10/12/2020                  Cash             2,875                 0.00%
 Equity Swap
 Cash-settled
                     17/12/2020              17/12/2020                  Cash             50,000                0.00%
 Equity Swap
 Cash-settled
                     29/01/2021              29/01/2021                  Cash            266,265                0.02%
 Equity Swap
 Cash-settled
                     27/05/2022              27/05/2022                  Cash           2,687,847               0.20%
 Equity Swap
 Cash-settled
                     08/02/2023              08/02/2023                  Cash            420,425                0.03%
 Equity Swap
 Cash-settled
                     07/10/2024              07/10/2024                  Cash            295,527                0.02%
 Equity Swap
                                                                     SUBTOTAL
                                                                     8.B.2              40,039,522               2.95%



9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an X)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not
control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity xiv    X
(please add additional rows as necessary)
                                                                    % of voting rights
                                 % of voting rights if it                                            Total of both if it
                                                                  through financial in-
                                  equals or is higher                                               equals or is higher
          Namexv                                                  struments if it equals
                                  than the notifiable                                               than the notifiable
                                                                  or is higher than the
                                       threshold                                                        threshold
                                                                   notifiable threshold
JPMorgan Chase & Co.
JPMorgan Chase Bank,
National Association
J.P. Morgan Interna-
tional Finance Limited
J.P. Morgan Capital
Holdings Limited
J.P. Morgan Securities
                                                                            4.01%                           4.98%
plc
  JPMorgan Chase & Co.
  JPMorgan Chase Hold-
  ings LLC
  J.P. Morgan Broker-
  Dealer Holdings Inc.
  J.P. Morgan Securities
  LLC


  JPMorgan Chase & Co.
  JPMorgan Chase Bank,
  National Association
  10. In case of proxy voting, please identify:
  Name of the proxy holder                                                  N/A

  The number and % of voting rights held                                    N/A

  The date until which the voting rights will be held                       N/A




  11. Additional informationxvi

  Table 8) Includes stock borrows of 65,042,622 (4.80%)

  Chain of controlled undertakings:

  JPMorgan Chase & Co.
  JPMorgan Chase Bank, National Association (100%)
  J.P. Morgan International Finance Limited (100%)
  J.P. Morgan Capital Holdings Limited (100%)
  J.P. Morgan Securities plc (100%)

  JPMorgan Chase & Co. (100%)
  JPMorgan Chase Holdings LLC (100%)
  J.P. Morgan Broker-Dealer Holdings Inc. (100%)
  J.P. Morgan Securities LLC (100%)

  JPMorgan Chase & Co.
  JPMorgan Chase Bank, National Association (100%)

  Place of completion                                     London, United Kingdom

  Date of completion                                          08 November 2019


JSE Sponsor:
Merrill Lynch South Africa (Pty) Limited

8 November 2019

Date: 08/11/2019 03:30:00
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