Last checked at 23 Jul 2020 13:30
INTU DEBENTURE PLC
LEI: 213800UX3TM5RGB1UF29
INTU DEBENTURE PLC (THE "COMPANY") ANNOUNCES THE RESULTS OF A MEETING IN RELATION TO THE £354,876,000 5.562 per cent. First Mortgage Debenture Stock due 2027 (the "Stock") issued by THE COMPANY
23 July 2020
Capitalised terms used in this Announcement and not otherwise defined shall have the meanings given to them in, or incorporated by reference into, the Notice of Meeting (as defined below), unless the context otherwise requires.
Announcement of the results of the Meeting
The Company announces today the results of a meeting convened for holders of the Stock to vote in respect of the Extraordinary Resolution to, among other things, approve the release of the Escrow Transfer Amount from the Mortgaged Property to be transferred into an escrow account held on trust for the benefit of the Stockholders, to approve the entry of the Company into the Capital Sum Release Documents and to approve certain modifications of the Trust Deed, each as set out in the notice of meeting prepared by the Company and dated 29 June 2020 (the "Notice of Meeting").
Notice is hereby given to the holders of the Stock that at a meeting of the Stockholders convened by Notice of Meeting and held on 23 July 2020 at 10:00 a.m. (London time) at the offices of Linklaters LLP, One Silk Street, London EC2Y 8HQ and by telephone conference, the necessary quorum was achieved and the Extraordinary Resolution detailed in the Notice of Meeting previously notified to the Stockholders in accordance with the terms of the Trust Deed for the Stock was duly passed.
The proposals set out in the Notice of Meeting (including the execution of the Capital Sum Release Documents) will be implemented as soon as practicable.
Disclaimer
This Announcement must be read in conjunction with the Notice of Meeting. This announcement is issued by the Company. None of the Trustee or the Registrar accepts any responsibility for the contents of this announcement.
Stockholders should contact the following for further information:
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: 23 July 2020
This announcement is released by Intu Debenture plc and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), encompassing information relating to the proposals described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Susan Marsden (Company Secretary) at Intu Debenture plc.
Legal Entity Identifier number: 213800UX3TM5RGB1UF29