ITU 201606170006A
Response to Media Comment
INTU PROPERTIES PLC
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code: ITU
INTU PROPERTIES PLC
RESPONSE TO MEDIA COMMENT
In response to media comment, intu confirms that it is in advanced
discussions with QIC regarding the potential acquisition of QIC’s 50
per cent interest in intu Merry Hill in the West Midlands. If the
acquisition were to proceed, the consideration is likely to be
around £410 million and would be funded through a combination of new
debt and existing resources.
Whilst discussions are ongoing, there can be no certainty that any
transaction will be undertaken.
A further announcement will be made if and when appropriate.
Enquiries:
Susan Marsden
Company Secretary
intu properties plc
+ 44 20 7887 7073
17 June 2016
Sponsor:
Merrill Lynch South Africa (Pty) Limited
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