Meeting Adjournment

Intu Debenture PLC

16 April 2024

 

Intu Debenture PLC

Meeting Adjourned

INTU DEBENTURE PLC

LEI: 213800UX3TM5RGB1UF29

£354,876,000 8.75 per cent. First Mortgage Debenture Stock 2027

INTU DEBENTURE PLC (THE "COMPANY") ANNOUNCES STOCKHOLDER MEETING HELD ON 16 APRIL 2024 ADJOURNED

16 April 2024

Meeting Adjourned

Further to the Company's announcement on 21 March 2024, the Company announces that the meeting of Stockholder convened by the Company on 16 April 2024 (the "Meeting") to consider, inter alia, the approval of the business plan uploaded to the Company's website on 15 February 2024 and proposed amendments to the Trust Deed amongst other matters, in each case, as more particularly set out in the notice convening the Meeting (collectively, the "Proposed Extraordinary Resolution") has been adjourned for want of a quorum (as set out more fully below).

As the total number of proxies submitted to the Meeting reflected less than a clear majority in nominal amount of the Stock outstanding, the quorum requirement set out in the Trust Deed was not satisfied and the Proposed Extraordinary Resolution was not put to the Meeting.

Pursuant to the terms of the Trust Deed, an adjourned meeting will be held not less than seven, and not more than twenty-eight, days from the date of this announcement to consider the Proposed Extraordinary Resolution and formal notice of the adjourned meeting will be sent to Stockholders in due course. At an adjourned meeting, any Stockholder present in person or by proxy, regardless of the nominal amount of Stock held by them, will satisfy the quorum requirement.

The Company will continue to keep Stockholders notified of any relevant developments in accordance with applicable law and regulation.

Capitalised terms used in this Notice and not otherwise defined shall have the meanings given to them in the trust deed dated 5 October 2006 (as amended and supplemented from time to time (most recently amended by a Supplemental Trust Deed dated 5 September 2023 (the "Trust Deed"))) constituting the Stock and made between the Company, the Charging Subsidiaries (as defined in the Trust Deed), and The Law Debenture Trust Corporation p.l.c. (the "Trustee"), unless the context otherwise requires.

Please note that the Trustee has not been involved in the preparation or formulation of this announcement, the Notice of Meeting or the Extraordinary Resolution and expresses no views or opinions on this announcement, the Notice of Meeting or the Extraordinary Resolution. Stockholders are advised to take their own legal, financial and/or tax advice in relation to this announcement, the Notice of Meeting and the Extraordinary Resolution.

Stockholders should contact the following for further information:

Company

Simmons & Simmons LLP

Citypoint

1 Ropemaker Street

London

EC2Y 9SS

United Kingdom

Email: [e-mail]

Attention: James Taylor

Registrar

Link Group

PXS 1

Central Square

29 Wellington Street

Leeds

LS1 4DL

United Kingdom

Telephone: [phone]

(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: [e-mail]  

This announcement is made by Intu Debenture PLC

Dated: 16 April 2024

 

END