Last checked at 9 Jul 2020 13:00
INTU DEBENTURE PLC
LEI: 213800UX3TM5RGB1UF29
Notice of Capital Sum Release Documents
9 July 2020
THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. IF YOU ARE IN ANY DOUBT ABOUT THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT IMMEDIATELY YOUR STOCKBROKER, BANK MANAGER, SOLICITOR, ACCOUNTANT OR OTHER PROFESSIONAL ADVISER AUTHORISED UNDER THE FINANCIAL SERVICES AND MARKETS ACT 2000.
If you have recently sold or otherwise transferred all or any of your holding(s) of the Stock referred to below, you should contact Link Asset Services (the "Registrar").
£354,876,000 5.562 per cent. First Mortgage Debenture Stock due 2027
issued by
INTU DEBENTURE PLC (the "Company")
(incorporated with limited liability in England
and Wales with registered number 05890611)
Capitalised terms used in this notice and not defined herein have the meanings ascribed to them in the notice of meeting dated 29 June 2020 (the "Notice of Meeting").
NOTICE IS HEREBY GIVEN that, further to the announcement on 29 June 2020, in connection with the Notice of Meeting and the Meeting to be held on 23 July 2020, the Capital Sum Release Documents listed below (together with an explanatory note) have been distributed by the Company to Stockholders by post.
The Capital Sum Release Documents listed below (together with the explanatory note distributed by the Company to Stockholders in relation to the Capital Sum Release Documents) are also now available to Stockholders (or people who hold a beneficial interest in the Stock) who have provided evidence of their holding satisfactory to the Trustee on a secure web portal, the details of which are available from the Trustee who can be contacted at legalnotices@lawdeb.com. Revised versions of any Capital Sum Release Document will be available as set out above (marked to indicate changes to the Capital Sum Release Documents made available on 9 July 2020) no later than two Business Days before the date of the Meeting and at the Meeting. Any such revised document made available as set out above will supersede the previous draft of such document and Stockholders will be deemed to have notice of any changes.
The Capital Sum Release Documents available are:
i) the Supplemental Trust Deed;
ii) the Escrow Agreement;
iii) the composite security agreement to be entered into between the Trustee, the Company and certain of the Company's subsidiaries;
iv) a guarantee of the obligations of the Company and its subsidiaries in respect of the Stock given in favour of the Trustee;
v) a charge over the shares owned by the Company in Steventon Limited in favour of the Trustee; and
vi) a duty of care deed to be entered into between Intu Property Management Limited, The Potteries Limited Partnership and the Trustee in relation to the collection and payment of car park income at The Potteries Shopping Centre.
Also available is the explanatory note distributed by the Company to Stockholders in relation to the Capital Sum Release Documents.
For further information, Stockholders should view the Notice of Meeting (available at https://data.fca.org.uk/artefacts/NSM/Portal/NI-000007057.pdf) or contact the following:
ENQUIRIES
Company
Intu Debenture plc40 BroadwayLondon SW1H 0BTUnited Kingdom
Email: intu.secretariat@intu.co.ukAttention: Company Secretary
Registrar
Link Asset Services34 Beckenham RoadBeckenham, BR3 4TUUnited Kingdom
Telephone: +44 371 664 0300(Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. Open between 09:00 - 17:30, Monday to Friday excluding public holidays in England and Wales)
Email: shareholderenquiries@linkgroup.co.uk
Alvarez & Marsal Europe LLP and Milbank LLP have been retained as financial and legal advisers to an ad hoc group of Stockholders. Their contact details are as follows: ProjectIrisAMTeam@alvarezandmarsal.com and Iris@milbank.com.
This Notice is given by INTU Debenture PLC
Dated: 9 July 2020