Director/PDMR Shareholding

TO:

Intu Properties plc

FROM:

Natural Person:

Company:

(1) Peel Chapel Group Limited

(2) Peel Chapel No.4 Limited

(3) Goodweather Investment Management Limited

POSITION OF PDMR

PCA's of John Whittaker (Deputy Chairman)

COMPANY

intu properties plc

DATE OF TRANSACTION

21 December 2018

FINANCIAL INSTRUMENT

Ordinary shares of 50p

ISIN: GB0006834344

INDENTIFICATION CODE

213800JSNTERD5CJZO95

PLACE OF TRANSACTION

Outside a trading venue

CURRENCY

Sterling (where applicable)

NATURE OF THE TRANSCTION

(1) in respect of Peel Chapel Group Limited: Grant of security (equitable charge) by Peel Chapel Group Limited over shares in wholly-owned subsidiary companies, the principal assets of which are, indirectly, 361,460,736 ordinary shares in the issuer. 

(2) in respect of Peel Chapel No.4 Limited: settlement of the first six tranches of the derivative financing arrangement notified on 12 October 2016, being the automatic cash settlement of the first six tranches of put options granted to Peel Chapel No.4 Limited, each tranche being over 1,060,000 shares in the issuer, no later than three business days following each of:

11 January 2019 18 January 2019 25 January 2019 1 February 2019 8 February 2019 15 February 2019

each an "Expiry Date".

(3) in respect of Peel Chapel No.4 Limited and Goodweather Investment Management Limited:  as soon as practicable following each such settlement described in (2) above, the subsequent intra-group transfer of each tranche of 1,060,000 shares in the issuer (the "Transferred Shares") from Peel Chapel No.4 Limited to Goodweather Investment Management Limited (another Peel group company and a PCA of John Whittaker). Each such transfer will be at the closing price on the relevant Expiry Date referred to above. No Transferred Shares will be transferred out of the Peel Group by such transfers; and

(4) in respect of Goodweather Investment Management Limited: the grant, by GIML, of security over the Transferred Shares following the relevant transfer.

DETAILS OF EACH TRANSACTION BEING NOTIFIED

Date

Company

Price per Financial Instrument

Volume of Financial Instruments

Total

21 December 2018

Peel Chapel Group Limited

N/A (grant of security)

361,460,736

N/A

11 January 2019 (completing transaction entered into on 21 December 2018)

Peel Chapel No. 4 Limited

£2.55 (exercise price of put option)

1,060,000

£2,703,000

(1) Peel Chapel No. 4 Limited

(2) Goodweather Investment Management Limited

Closing price on the relevant Expiry Date referred to above

1,060,000

n/a

18 January 2019 (completing transaction entered into on 21 December 2018)

Peel Chapel No. 4 Limited

£2.55 (exercise price of put option)

1,060,000

£2,703,000

(1) Peel Chapel No. 4 Limited

(2) Goodweather Investment Management Limited

Closing price on the relevant Expiry Date referred to above

1,060,000

n/a

25 January 2019

(completing transaction entered into on 21 December 2018)

Peel Chapel No. 4 Limited

£2.55 (exercise price of put option)

1,060,000

£2,703,000

(1) Peel Chapel No. 4 Limited

(2) Goodweather Investment Management Limited

Closing price on the relevant Expiry Date referred to above

1,060,000

n/a

1 February 2019

(completing transaction entered into on 21 December 2018)

Peel Chapel No. 4 Limited

£2.55 (exercise price of put option)

1,060,000

£2,703,000

(1) Peel Chapel No. 4 Limited

(2) Goodweather Investment Management Limited

Closing price on the relevant Expiry Date referred to above

1,060,000

n/a

8 February 2019

(completing transaction entered into on 21 December 2018)

Peel Chapel No. 4 Limited

£2.55 (exercise price of put option)

1,060,000

£2,703,000

(1) Peel Chapel No. 4 Limited

(2) Goodweather Investment Management Limited

Closing price on the relevant Expiry Date referred to above

1,060,000

n/a

15 February 2019

(completing transaction entered into on 21 December 2018)

Peel Chapel No. 4 Limited

£2.55 (exercise price of put option)

1,060,000

£2,703,000

(1) Peel Chapel No. 4 Limited

(2) Goodweather Investment Management Limited

Closing price on the relevant Expiry Date referred to above

1,060,000

n/a