Intu Properties Announces Secondary Offering of Equity One Shares
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Dividend Yield: 1.1%
EPS Growth %: +28.7%
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LONDON--(BUSINESS WIRE)-- Intu Properties plc (LSE: INTU) (JSE: ITU) announces that it has commenced a public offering in the United States whereby it will sell 11,357,837 shares of common stock of Equity One, Inc. (NYSE: EQY) owned by its wholly-owned subsidiary, Liberty International Holdings Limited.
Equity One is a real estate investment trust which owns, develops and operates shopping centers in the US and is listed on the New York Stock Exchange.
UBS Investment Bank is the sole underwriter of the offering.
Equity One has filed a registration statement (including a prospectus supplement) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. The offering may be made only by means of a prospectus and related prospectus supplement. You may get a copy of the prospectus supplement and prospectus related to these securities, when available, for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, Equity One, the underwriter or any dealer participating in the offering will arrange to send you the preliminary prospectus if you request it by contacting UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019, or by calling (888) 827-7275.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160112006521/en/
Intu Properties plc
David Fischel, +44 (0)20 7960 1207
Chief
Executive
or
Matthew Roberts, +44 (0)20 7960 1353
Chief
Financial Officer
or
Adrian Croft, +44 (0)20 7960 1212
Head
of Investor Relations
or
Public relations
UK:
Powerscourt
Justin
Griffiths, +44 (0)20 7250 1446
or
SA:
Instinctif Partners
Frédéric
Cornet, +27 (0)11 447 3030
Source: Intu Properties plc
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