18th Feb 2013 07:00
18 February 2013
INTU PROPERTIES PLC - CHANGE OF NAME FROM CAPITAL SHOPPING CENTRES GROUP PLC
The name of Capital Shopping Centres Group PLC has been changed today to Intu Properties plc ("Intu").
Trading in shares under the new name commences today, 18 February 2013, under LSE Code INTU (previously CSCG) and JSE Code ITU (previously CSO).
We announced last month our innovative plan to give our shopping centres a unified identity, intu, with a unique digital presence including a transactional website.
We are investing £25 million in our teams and new digital infrastructure over three years to
·; roll out intu's visual identity and our "World Class Service" programme at our 12 directly-managed centres
·; install our own future-proofed, centre-wide, high capacity fibre optic cabling and WiFi networks
·; launch, in the Spring of this year, intu.co.uk, a transactional, fashion-focused, mobile-enabled websitewith a curated range of products from our retailers
Our aim is to transform our digital proposition and for intu.co.uk to provide the UK's leading digital shopping centre experience. We have the scale and focus, through our operations and research, to understand what a customer wants, a seamless multi-channel experience, and to deliver it.
Our objective from these initiatives is to generate a stronger relationship with consumers, delivering more frequent visits, longer dwell time and increased spend. This will in turn enhance our proposition to retailers and open new sources of income.
ISIN number: Remains GB 0006834344 for both the UK and South Africa.
Certificated shareholders:existing share certificates remain valid and certificates in the new name will only be issued as required.
South African shareholders:the Record Date for change of name for JSE purposes is 22 February 2013. In accordance with Strate requirements no dematerialisation or rematerialisation of shares will be possible from Monday 18 February to Friday 22 February 2013 inclusive. No transfers between the UK and South African registers may take place from Monday 18 February to Sunday 24 February 2013 inclusive.
Further information is available at intugroup.co.uk
Susan Marsden
Company Secretary
Intu Properties plc
Related Shares:
INTU.L